Philippines’ Energy Efficiency and Security, Vital to Economic Success

The Philippines continuously remain among the fastest-growing economies in Asia with an expected GDP growth rate of 6.4% in 2020, according to the Asian Development Bank’s Outlook 2019.

 As energy is essential to quality human life and the country’s economic growth, the demand in supply continues to increase.  According to the Department of Energy, the country envisions that the Total Final Energy Consumption is expected to increase at an average rate of 4.3% annually.  


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