The Philippines’ energy mix is heavily reliant on fossil fuels, which accounted for approximately 79% of electricity generation in 2024, with coal being the dominant source at over 60%. Renewable energy contributes roughly 22% of the mix, primarily through geothermal and hydropower, with a goal to increase the renewable share to 35% by 2030.

The Philippines is actively developing a green hydrogen industry to decarbonize its energy sector, with projects aimed at replacing diesel in off-grid areas, particularly in Mindanao. Led by partnerships with firms like HDF Energy, the country is focusing on utilizing its solar, wind, and geothermal resources for electrolysis to produce clean energy. The government is providing incentives, including tax breaks and duty exemptions, to accelerate this transition.