Restructuring the Philippine electric power industry
The Philippine electricity industry has shown it can change, and change quickly. In contrast with the crises and changes imposed on it in the past, the industry now has as opportunity to forge a progressive, forward-looking strategy, This opportunity is enhanced by the force of law - the Department of Energy Act of 1992 mandates privatization of the National Power Corporation (NPC) - and by the easing of the power crisis which has significantly diminished political interference. In order to position the industry for growth and rising investment requirements and to support the growing role of the Philippine economy in international markets, that strategy must address the structural deficiencies that continue to plague the industry. By addressing structural changes that need to be made now, it can build on the impetus gained from its privatization mandate to improve accountability, increase efficiency and reduce government risk.
- Sponsoring Organization:
- USDOE
- OSTI ID:
- 96044
- Journal Information:
- Electricity Journal, Vol. 8, Issue 5; Other Information: PBD: Jun 1995
- Country of Publication:
- United States
- Language:
- English
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