THE PHILIPPINES OFFSHORE WIND SUPPLY CHAIN STUDY
OVERVIEW
As the country stands on the brink of unlocking its significant offshore wind potential, there is a pressing need to map out the capabilities of local industries in supporting this development. A well-understood and robust local supply chain will ensure that the Philippines not only benefits from offshore wind through energy generation but also through job creation, industrial growth, and technological advancement to achieve long term decarbonisation goals.
This report serves as a catalyst for discussions on how the Philippines can first understand, engage and eventually compete within the regional offshore wind industry, strengthening its position as a leader in Southeast Asia. The report outlines key recommendations for the Philippine government to adopt policies and strategies that will foster both offshore wind development and the growth of a competitive local supply chain, ensuring that the benefits of this emerging sector are shared widely across the country.
KEY INSIGHTS
The following elements serve as critical enablers for the development of the offshore wind supply chain in the Philippines:
• Significant capital investment in local supply chain,
• Policy and government support including comprehensive renewable energy policies and financial incentives, such as subsidies and grants,
• Investment in port facilities to meet the specific needs of the offshore wind industry,
• Education and research facilities expanding the local offshore wind knowledge base,
The Philippines has strong potential to become a key player in the APAC offshore wind market, thanks to its resources like shipbuilding, skilled labour, and critical minerals.
However, policy improvements are needed to fully unlock these opportunities. While initial offshore wind projects will rely mostly on foreign supply chains, there is an opportunity for the Philippines to develop its own local supply chain in some segments.
To capture this potential, a comprehensive industrial strategy for the wider renewable energy sector could be developed.
Download the report
Contacts
Mark Hutchinson
Director and Chair, South East Asia Task Force
[email protected]
Ann Margret Francisco
Philippines Country Manager
[email protected]
Weng Han Tan
Policy & Project Manager
[email protected]
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