Philippines Power Report Q4 2012 - New Market Research Report
A prolonged dry spell and ageing infrastructure have led us to revise down our 2012 power generation forecast for the Philippines. Over the longer term, we expect generation and consumption to grow modestly, as the country experiences economic and population growth. We expect a substantial rise in gas production in the Philippines, and we predict that its share of total electricity production will increase from an estimated 37.4% in 2012 to 43.9% by 2021.
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