Working Paper

Learning from Power Sector Reform : The Case of The Philippines

Show simple item record

collection.link.5
https://openknowledge.worldbank.org/handle/10986/9
collection.name.5
Policy Research Working Papers
dc.contributor.author
Bacon, Robert
dc.date.accessioned
2019-05-16T15:39:16Z
dc.date.available
2019-05-16T15:39:16Z
dc.date.issued
2019-05
dc.date.lastModified
2019-05-17T05:10:39Z
dc.description.abstract
The Philippines power sector underwent a substantial and largely complete reform process. Following a severe shortage of supply in the late 1980s and the Asian Financial crisis of 1997, which made the dollar-denominated debt of the National Power Corporation extremely burdensome, the Electric Power Industry Reform Act was passed in 2001. This was intended to improve the quality of service and reduce power tariffs via the introduction of private participation and competition at the wholesale and retail levels. Although the implementation of the full reform program took longer than originally expected, the unwavering support given to the reform agenda by successive presidents of the country ensured that the planned steps had all been completed by 2013. At that time, retail competition and open access for consumers in Luzon and Visayas of more than one megawatt were introduced. The reform process was not impeded by complications that would have arisen if consumer subsidies had been endemic, but retail prices are even higher than might have been expected in the absence of subsidies, due to domestic taxation and the presence of some inefficiencies that have not yet been eliminated by the onset of competition.
en
dc.identifier
http://documents.worldbank.org/curated/en/385061557771818564/Learning-from-Power-Sector-Reform-The-Case-of-The-Philippines
dc.identifier.uri
http://hdl.handle.net/10986/31711
dc.language
English
dc.publisher
World Bank, Washington, DC
dc.relation.ispartofseries
Policy Research Working Paper;No. 8853
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo
dc.subject
POWER SECTOR REFORM
dc.subject
ELECTRIC UTILITIES
dc.subject
POWER GENERATION
dc.subject
ACCESS TO ENERGY
dc.subject
STATE-OWNED ENTERPRISES
dc.subject
ENERGY REGULATION
dc.subject
ELECTRICITY PRICING
dc.title
Learning from Power Sector Reform
en
dc.title.subtitle
The Case of The Philippines
en
dc.type
Working Paper
en
okr.date.disclosure
2019-05-13
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Policy Research Working Paper
okr.docurl
http://documents.worldbank.org/curated/en/385061557771818564/Learning-from-Power-Sector-Reform-The-Case-of-The-Philippines
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/1813-9450-8853
okr.identifier.externaldocumentum
090224b086c8b6ed_2_0
okr.identifier.internaldocumentum
31067732
okr.identifier.report
WPS8853
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/385061557771818564/pdf/Learning-from-Power-Sector-Reform-The-Case-of-The-Philippines.pdf
en
okr.region.administrative
East Asia and Pacific
okr.region.country
Philippines
okr.topic
Public Sector Development :: State Owned Enterprise Reform
okr.topic
Energy :: Electric Power
okr.topic
Energy :: Energy Policies & Economics
okr.topic
Energy :: Energy Privatization
okr.topic
Energy :: Energy Sector Regulation
okr.topic
Energy :: Energy and Environment
okr.topic
Energy :: Power & Energy Conversion
okr.unit
Energy and Extractives Global Practice

Show simple item record



This item appears in the following Collection(s)