For this PEP Update, two (2) scenarios were
developed for the supply side – the Business-asUsual
(BAU) and the Low Carbon Scenario (LCS).
The BAU scenario simulates the future energy
supply based on market forces interaction. On
the other hand, LCS scenario considers the policy
interventions and aggressive implementations of
plans and programs for clean and environmentfriendly
energy fuels and technologies. On the
demand side, the LCS scenario serves as the
reference case with inclusion of the sector’s goal
of 10.0 percent energy savings on the total energy
demand of all economic sectors by the end of the
planning period.