The Philippines generates 62% of its electricity from coal, with over 80% of that coal imported, meaning grid price exposure to global commodity markets extends well beyond the current LNG crisis.
Thailand and Myanmar have introduced fuel conservation policies as global energy prices rise. The measures aim to manage domestic demand and stabilize supply.
Analysts say recent geopolitical tensions are highlighting Southeast Asia’s reliance on imported fuels. The discussion is increasingly focused on energy diversification.
The IEA reports that coal demand in Southeast Asia is growing faster than in most other regions, reflecting rising electricity needs. The transition challenge is becoming more complex.