The Philippine Energy Market is a system that manages the production, distribution, and consumption of energy in the Philippines. It includes various sources of energy, such as renewable energy, coal, natural gas, and hydropower. The market aims to ensure a stable supply of electricity while promoting competition among energy providers. The Energy Regulatory Commission (ERC) oversees the market, setting rules and regulations to protect consumers and encourage investment. The government also promotes the use of renewable energy to reduce dependence on fossil fuels and address environmental concerns. This shift aims to create a more sustainable energy future for the country.