Carving out Coal in the Philippines: Stranded Coal Plant Assets and the Energy Transition The Philippines has 10,423 megawatts (MW) (US$20.8 billion) of largely imported coal expansion in its current pipeline. This runs on top of a total of 7,419 MW of existing coal-fired capacity. Projections borne of such a pipeline raise vital questions about national energy policy and practices in an era of evolving electricity-generation trends. Stranded coal plant assets—those that are not delivering an economic return in line with the expectations from the project outset—is a growing material and inevitable risk in the Philippines.