Writing for Financier Worldwide, Patricia A. O. Bunye, Rafael Evangelista, and Liam Lu explore recent updates to the energy landscape in the Philippines. Among these are the establishment of the Reserve Market, which now allows for the trade of reserve capacities in the Wholesale Electricity Spot Market; the codification of the Omnibus Rules of conduct for contestable customers and retail electricity suppliers in the retail industry; the creation of a market for the trade of Renewable Energy Certificates; the development of the country’s nuclear energy program; and the passage of a law for the nascent downstream natural gas industry.
Financier Worldwide is a monthly magazine that delivers corporate finance and board-level business analysis.
Read more here: tinyurl.com/msd26cuj
Note: The article was written prior to the passage of Republic Act No. 12120, or the Philippine Downstream Natural Gas Industry Act, on 14 January 2025.
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