(PERIOD COVERING APRIL 2011 TO OCTOBER 2011)
I. INTRODUCTION
This report provides the summary update of the developments on the restructuring of the power sector covering the months of April to October 2011. The preparation for the attainment of the retail electricity market has noted significant events such as the Energy Regulatory Commission (ERC) declaring the completion of the pre-requisite relative to the implementation of Retail Competition and Open Access (RCOA). Accordingly, the DOE took the necessary actions to ensure that participants are ready in the eventual implementation.
The report provides a glimpse of the continuing implementation of the Luzon-Visayas integrated electricity market while some updates on new market developments were tackled to include the study on the establishment of the Independent Market Operator.
Electricity supply-demand highlights the status for the period January to June 2011. On the other hand, monitoring of market share shows significant transition to private sector ownership of the installed capacity in particular to Luzon and Visayas grids. With respect to privatization of remaining NPC assets and contracts, no significant developments were noted though PSALM continued to work on the requirements to continue the privatization in accordance with its mandate.
Click to view complete PDF File 19TH EPIRA Status Report