The USAID Philippines project Building Low Emission Alternatives to Development Economic Resilience and Sustainability (B-LEADERS) reviewed and remarked on the “Energy: Power Security and Competitiveness” working paper of the UPecon Foundation’s Energy Policy and Development Program, which is also supported by USAID.

“The EPDP study cited that the goal of Filipino 2040 is to improve the well-being of the Filipinos and identified electricity price as one indicator…. Even if electricity cost makes up the bulk of the 8% share in cost, it is quite clear that electricity price as an indicator may not lead to a solid conclusion with respect to a Filipino’s well-being,” B-LEADERS remarked in their executive summary.