Philippine utilities tap Japanese partners to shrink carbon footprints

Aboitiz Power and First Gen eye alternatives beyond coal and domestic natural gas

20211006N LNG tanker

A tanker operated by Tokyo Gas: the Japanese company and First Gen are developing an LNG terminal in the Philippines. (Photo courtesy of Tokyo Gas)

YUICHI SHIGA and RYO MUKANO, Nikkei staff writers

MANILA/TOKYO -- As the global decarbonization push reaches the Philippines, conglomerates there have begun enlisting Japanese partners to reduce energy-sector emissions.

Philippine utilities rely heavily on coal and domestic gas. But with the government slamming the brakes on new coal plants, and with a key gas field expected to dry up this decade, the companies are accelerating the development of alternative energy sources.

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