The Philippines' power market is on the brink of collapse due to a 60% drop in hydropower generation, caused by a prolonged drought. The country is highly dependent on its hydropower facilities, and short-term initiatives may be rushed through to bypass existing restrictive laws and rectify the country's current energy woes. However, such solutions may deter future foreign investment.
Edit my basket
© Datamonitor 2013. All rights reserved
Terms & Conditions