# ASEAN Business Survey: Philippines and Indonesia Firms Outpace Governments on Electrification *Author: Eternalgy Market Intelligence Team | Category: news | Published: Thu Jun 18 2026 03:00:00 GMT+0000 (Coordinated Universal Time)* ## English * **89% of Filipino business leaders** say current government policies lag behind the pace of electrification their businesses need — highest frustration rate in the survey * **83% of Indonesian and 82% of Filipino executives** call for increased government investment in grid capacity to support industrial electrification * **92% of Philippine executives** (highest globally) say heavy reliance on imported fossil fuels exposes them to price and geopolitical risks — a wake-up call for ASEAN energy security * **80% of Filipino executives** warn their country is falling behind in the regional electrification race * **78% of firms would consider relocating overseas** if government support for electrification is insufficient — capital flight risk for ASEAN economies * **50% of executives have already delayed electrification investments** due to policy gaps, costing the region critical clean energy momentum * **Barriers cited**: 43% insufficient government incentives, 41% insufficient grid investment as main obstacles to corporate electrification * **Philippines renewables target**: 35% by 2030, 50% by 2040 — but still plans new gas capacity, creating policy contradiction * **Indonesia's PLN** aims for renewables to supply over one-third of electricity by 2034 (up from ~16%), but lacks a clear roadmap for business electricity demand growth * **Malaysia relevance**: As an ASEAN neighbour, Malaysia's NETR and Solar ATAP policies position it ahead of Philippines and Indonesia in the electrification race — a competitive advantage for attracting clean energy investment ## 中文 * **89%的菲律宾企业领袖**表示当前政府政策落后于企业所需的电气化步伐——调查中挫折感最高 * **83%的印尼和82%的菲律宾高管**呼吁政府加大对电网容量的投资以支持工业电气化 * **92%的菲律宾高管**(全球最高)表示严重依赖进口化石燃料使其面临价格和地缘政治风险——对区域能源安全的警钟 * **80%的菲律宾高管**警告其国家在区域电气化竞赛中正在落后 * **78%的企业会考虑搬迁到海外**,如果政府对电气化的支持不足——东盟经济体面临资本外逃风险 * **50%的高管已因政策空白推迟电气化投资**,使该地区损失了关键的清洁能源发展势头 * **主要障碍**:43%认为政府激励措施不足,41%认为电网投资不足是企业电气化的主要障碍 * **菲律宾可再生能源目标**:2030年35%、2040年50%——但仍计划新建天然气产能,形成政策矛盾 * **印尼国家电力公司(PLN)**目标2034年可再生能源供应超过三分之一电力(目前约16%),但缺乏企业用电需求增长的明确路线图 * **马来西亚关联**:作为东盟邻国,马来西亚的NETR和Solar ATAP政策使其在电气化竞赛中领先于菲律宾和印尼——这是吸引清洁能源投资的竞争优势