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News / #electricity
The new agreements build on deals the two countries signed last year covering cross‑border electricity trade, carbon capture and storage, and the creation of a joint sustainable industrial zone.
Energy
Philippines, Indonesia firms are electrifying faster than governments can keep up, survey finds
A new analysis by climate coalitions finds that 83 per cent of Indonesian executives want the government to step up investment in grid capacity and connectivity, while 89 per cent of Filipino executives say policy is lagging behind business electrification, despite Indonesia’s renewables push and the Philippines’ rapidly expanding clean energy pipeline.
Regulators increasingly require storage, flexibility and clean energy procurement to secure power access.
The Iran war is driving a significant near-term surge in Asia-Pacific’s thermal coal demand, with an additional 150 million tonnes of cumulative consumption projected through 2030, roughly half of which is expected to land in 2026 alone.
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