MANILA, Philippines — Energy Secretary Alfonso Cusi wants the government to control the country’s power grid system, as he accused the private sector-led management of delaying projects meant to stop the perennial problem of energy insecurity in the Philippines. The energy chief blasted the NGCP for failing to comply with existing government regulations, noting that what exists now is not a power crisis but one of compliance. That said, stakeholders present such as Philippine Independent Power Producers Association, continue their push for sectoral reform. Anne Estorco Montelibano, head of PIPPA, noted red tape serves as barriers of entry for would-be power producers. “Why would you want to put up a plant if you’re not guaranteed to earn a profit?

Source: Philippine Star June 10, 2021 10:41 UTC