“Right now, we are trying to reopen the economy and I’m sure there will be high demand for power and that is again a challenge for all the industry players to meet.”“But I know the industry players are working hard, they are cooperating. For one, Energy Undersecretary Felix William Fuentebella admitted the proposal “may require an amendment” to Republic Act 9136 or the Energy Power Industry Reform Act that privatized the power sector. Fuentebella declined to speculate about the likely impact of the state operating power assets again, which can be expensive and tended to rack up debts. The second goal of EPIRA— affordable power to consumers— had so far not materialized, deterred by varying problems including insufficient supply. Across the archipelago, Luzon corners the bulk of reserves at 563 MW, while 164 MW were contacted in the Visayas.

Source: Philippine Star April 27, 2021 11:03 UTC