High Fuel, Power Costs? You Can Tap Renewables

High fuel, power costs? You can tap renewables

MANILA, Philippines — The Philippines has long relied on imported fuel to keep its lights on, but global disruptions — such as the conflict in the Middle East that is driving a spike in oil prices — are exposing the risks of that dependence. For millions of Filipinos, the issue is not only national energy policy but also what options households, communities and businesses have to lessen their reliance on a power system vulnerable to swings in th…

High fuel prices might leave the Philippines communities in prolonged

The global surge in oil prices due to the Strait of Hormuz closure threatens to deplete the Philippines’ fund that helps provide subsidies for fuel used by off-grid communities. A transition to more renewable energy offers benefits.