The Department of Energy (DOE) wants to remove “stumbling blocks” that prevent the entry of new investors in the Philippine power sector. Know more:
The Department of Energy wants to remove “stumbling blocks” that prevent the entry of new investors in the Philippine power sector.
While the secondary price cap is being implemented to protect consumers from higher WESM prices, the private sector said the imposition of the cap curtails new investments in the energy sector. Another stumbling block identified by Lotilla is the “general attitude of governments at all levels towards investments in energy.”
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