Philippines Geothermal Energy Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Philippines geothermal energy market is expected to grow at a CAGR of more than 1.5% during the forecast period of 2020-2025. Factors such as increasing energy demand and the need for cleaner energy are likely to drive the Philippines' geothermal energy market during the forecast period. However, low domestic investment, due to the high installation cost of the geothermal plants, is expected to restrain the Philippines geothermal energy market in the forecast period.
Key HighlightsThe Philippines geothermal energy market is consolidated. Some of the key players in this market include Philippine Geothermal Production Company, Inc., Energy Development Corporation, National Power Corporation, Aboitiz Power Corporation, and Aragorn Power and Energy Corporation (APC Group Inc.).
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook