The Department of Energy does not need to tap the emergency powers provided under the Electric Power Industry Reform Act (Epira) as the government could readily address the expected 400-megawatt power supply shortfall in Luzon next year through the Interruptible Load Program (ILP).
By Doris C. Dumlao
A top stock market analyst said President Benigno Aquino III’s State of the Nation Address mentioned socio-economic and political gains but offered nothing substantial on what the government would do to prevent the looming power supply crisis and solve problems leading to inflation.
By Amy R. Remo
President Benigno Aquino III’s fifth State of the Nation Address (Sona) drew mixed reactions from the business community on Monday, as some of the country’s chief executives saw it more as a review of the past, than a preview of his concrete plans for the future.
By TJ Burgonio
To deal with a potential power crisis, President Aquino should be given the power to set up special zones for power plants, and not emergency powers, Sen. Sergio Osmeña III has said.
By Riza T. Olchondra
Electricity rates will go up by around P0.03 per kilowatt-hour (kWh) in July for the average customer of the Manila Electric Co. (Meralco), according to the power distribution firm.