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Powering inclusive and sustainable progress

9 May 2025
in Business
Reading Time: 7 mins read
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Powering inclusive and sustainable progress
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Efficiency and conservation crucial in attaining energy security, recent BusinessWorld Insights forum notes

By Bjorn Biel M. Beltran, Special Features and Content Assistant Editor

The energy industry is the core of civilization. Agriculture harnessed the power of the sun and gave the first people their roots. Fire brought warmth and community, then eventually, warfare and conquest. The industrial revolution, driven by coal and steam, redefined what humans could build, move, and imagine. Even language reflects this primacy: we call energy ‘fuel’, because energy quite literally fuels human progress.

Securing that energy, then, is tantamount to securing continued and sustained progress. For the Philippines, which continues to enjoy steady economic growth on the back of a young and talented workforce, keeping the energy supply stable and affordable is a critical goal for the government.

National Electrification Administration Administrator Antonio Mariano C. Almeda

“The pace at which our economy grows demands responsiveness and forward thinking — qualities that we need to explore as we determine how to adapt to economic changes and strengthen our capacities,” Antonio Mariano C. Almeda, administrator from the National Electrification Administration, said in a video message at the recent BusinessWorld Insights forum themed “Energy Security: Powering the Philippines’ Economic Growth.”

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