23rd Status Report on EPIRA Implementation

(PERIOD COVERING MAY 2013 TO OCTOBER 2013)

I. INTRODUCTION

The 23rd Status Report on the Implementation of Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) of 2001 contains various developments in the energy sector’s evolving transformation to the restructured electricity industry covering the period May to October 2013.

The EPIRA mandated the Department of Energy (DOE) to supervise the restructuring of the electricity industry to ensure that the reform process will take place towards the ultimate vision of having a power industry characterized by higher efficiency,a level playing field, reasonably pricedelectricity rates and stable and secure supply of power. Following are the highlights of the latest developments:

  • Privatization activities for Angat, Unified Leyte, Power Barges 101, 102, 103 and 104, Naga Power Plant Complex and Sucat Thermal Power Plant ;
  • National Transmission Corporation (TransCo) and Power Sector Assets and Liabilities Management (PSALM) Corporation joint report on their monitoring of National Grid Corporation of the Philippines (NGCP) compliances to the Concession Agreement;
  • Updates on the turn-over of sub-transmission assets (STAs) to qualified distribution utilities (DUs);
  • Latest summary information on electricity prices;
  • Updates on the operation and governance of the Wholesale Electricity Spot Market (WESM), Retail Competition and Open Access (RCOA), and the implementation of Interim Mindanao Electricity Market (IMEM);
  • Power supply and demand situation for the report period; and
  • Status of electrification.

 

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