What is the Philippine Energy Plan (PEP)?

The Philippine Energy Plan (PEP) is indeed a strategic framework that outlines the country's energy programs and policies, guiding the development and management of energy resources. It serves as a yearly program submitted to Congress and is aimed at ensuring energy security and sustainability in the Philippines. The PEP details the government's vision for the energy sector, including initiatives for capacity building, infrastructure development, and the integration of renewable energy sources. This plan is crucial for legislative support and budget allocation, as it provides a comprehensive overview of the country's energy needs and objectives for the upcoming years.

The other options represent different concepts that are not specifically aligned with the purpose of the Philippine Energy Plan. For example, a long-term energy consumption forecast focuses on predicting future energy demands rather than outlining policy and programs. A bilateral energy agreement refers to agreements between two nations concerning energy cooperation, which is different from a national energy plan. An environmental impact review, while important for evaluating the effects of energy projects, does not encapsulate the broader strategies and policies reflected in the PEP.