Stop transferring all risks to consumers [Inquirer]
by Pete Maniego, published through Inquirer.net [READ HERE] I have spent almost two decades in the Philippine energy sector—as an engineer, lawyer, executive, chair of the National Renewable Energy Board (NREB), and now senior policy adviser to Institute for Climate and Sustainable Cities (ICSC), which recently launched Presyo-PH, a price-watch platform helping consumers understand what drives their electricity bills. The single biggest driver, month after month, is the generation charge—fuel cost, priced in dollars, sourced from abroad, subject to disruptions we do not control. The Iran conflict has made that vulnerability impossible to ignore. When the Strait of [...]