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dc.contributor.authorDanao, Rolando A.en_US
dc.date.accessioned2011-06-30T10:22:33Z-
dc.date.available2011-06-30T10:22:33Z-
dc.date.issued2009en_US
dc.identifier.urihttp://hdl.handle.net/10419/46652-
dc.description.abstractThe Philippine electricity market is in a period of transition as the restructuring provisions of the Electric Power Industry Reform Act (EPIRA) of 2001 are being implemented. Under current structure, the market is highly concentrated, indicating the existence of market power. In addition, many plants, including small ones, become pivotal suppliers during peak hours, creating opportunities for the exercise of market power. Concentration in the spot market is even more pronounced as a large percentage of uncontracted capacity belongs to the Independent Power Producers (IPP) with NPC contracts whose energy outputs are under the control of a single company, the Power Sector Assets and Liabilities Management Corporation. This highlights the urgency of speeding up the dominance mitigating provision of EPIRA, namely, the appointment of independent IPP administrators who will trade the IPP outputs in the wholesale market.en_US
dc.language.isoengen_US
dc.publisherSchool of Economics, Univ. of the Philippines Quezonen_US
dc.relation.ispartofseriesDiscussion paper // School of Economics, University of the Philippines 2009,09en_US
dc.subject.ddc330en_US
dc.subject.stwElektrizitätswirtschaften_US
dc.subject.stwMarktmachten_US
dc.subject.stwElektrizitätspolitiken_US
dc.subject.stwWirkungsanalyseen_US
dc.subject.stwPhilippinenen_US
dc.titleMarket power in the Philippine power marketen_US
dc.typeWorking Paperen_US
dc.identifier.ppn609245864en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:UPSE Discussion Papers, University of the Philippines

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