Philippines to Fast-Track 23 Power Projects Adding 900 MW to Grid

President Ferdinand Marcos Jr. announced the fast-tracking of 23 power projects expected to add 900 megawatts to the Philippines' power grid within 60 days to maintain grid stability and prevent energy shortages. Coordination is ongoing to use Malampaya natural gas at full capacity. The government has secured fuel stockpiles and is considering reopening coal imports to stabilize supply. Additionally, agencies are instructed to reduce electricity consumption and fuel costs by 10 to 20 percent.

Published Mar 23, 2026

The Philippine government is accelerating 23 power projects anticipated to contribute 900 megawatts to the national grid within the next 60 days, as stated by President Ferdinand Marcos Jr. This initiative aims to ensure grid stability and avert energy shortages.

AI-curated by Theia

Coordination efforts are in place to fully utilize Malampaya natural gas to enhance electricity supply. The government has secured fuel stockpiles overseas, extending domestic reserves from 30 days to potentially two to three months, and is contemplating the reopening of coal imports. Agencies have been directed to reduce electricity consumption and fuel costs by 10 to 20 percent.