(PERIOD COVERING MAY 2007 TO OCTOBER 2007)

I. INTRODUCTION

The energy sector continuously supports the restructuring and deregulation of the electric power industry consistent with the provisions of Republic Act No. 9136 otherwise known as EPIRA. At the forefront, the Department of Energy (DOE) earnestly performs its function of supervising and monitoring the implementation of the EPIRA to ensure that the objectives of the law will be realized albeit difficulties that are hurdling the sector today.

The 11th progress report, which covers the period May 2007 to October 2007, focused on six (6) major areas, to wit:

• Privatization
• Competition
• Electricity Rates
• Energy Supply Security and Reliability
• Total Electrification
• Strengthening the Reform Process

However, Chapter II already includes more recent updates on privatization of NPC generating assets and Transco concession.

The section on Strengthening the Reform Process included highlighting the current efforts to proactively implement the reforms as contained in the EPIRA either through administrative or legal means. Various bills were filed in the 14th Congress to amend the EPIRA with the end-view of increasing benefits to both consumers and investors.

View complete Report: 11TH EPIRA STATUS REPORT