(Period Covering November 2013 TO April 2014)
I. INTRODUCTION
Republic Act No. 9136 otherwise known as Electric Power Industry Reform Act (EPIRA) of 2001 or EPIRA is nearing thirteen (13) years of implementation. Though there were significant achievements, several issues remain which can be largely attributed to differences in the interests of stakeholders.
The 24th Status Report on the EPIRA implementation covering the period of November 2013 to April 2014 highlights the following:
- Activities completed for the privatization of remaining National Power Corporation’s (NPC) generating assets and Independent Power Producers (NPC-IPP) contracts;
- Report on National Grid Corporation of the Philippines’ (NGCP) compliance to the Concession Agreement;
- Continuing turn-over to qualified Distribution Utilities (DU) of the sub-transmission assets (STAs) of the National Transmission Corporation (TransCo);
- Updates on electricity rates to include average electricity rates, updates on universal charge, loan condonation, lifeline rates and mandatory rate reduction;
- Updates on wholesale electricity spot market (WESM) operations and governance;
- Updates on Interim Mindanao Electricity Market (IMEM);
- Monitoring compliance to installed capacity limitation under Section 45 of the EPIRA;
- Updates on the implementation of retail competition and open access (RCOA);
- Power supply-demand situation;
- Electrification status; and,
- Summary report on EPIRA Review discussions.