(PERIOD COVERING NOVEMBER 2007 TO APRIL 2008)

I. INTRODUCTION

The 12th Status Report of EPIRA Implementation contains various developments in the energy sector's evolving transformation to the restructured electricity industry as of April 2008. In addition to the usual contents, this report includes current initiatives to lower electricity rates in line with the results of the Philippine Energy Summit conducted in February 2008.

The EPIRA Law involved substantive and concrete changes to the electric power industry. The EPIRA is anchored on two aspects - the restructuring of the power industry and the privatization of NPC will affect the balance of power within the electric power industry and the roles and responsibilities of the DOE, ERC, PSALM, TransCo and NPC.

View complete Report: 12TH EPIRA STATUS REPORT