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Understanding EPIRA Law
Understanding EPIRA Law
I. Introduction
A. Overview of EPIRA Law (RA 9136) VIII. Future Outlook and Trends
1. Background and context A. Emerging Technologies
2. Objectives and goals 1. Smart grid developments
2. Energy storage solutions
II. Key Components of the New Power System 3. Decentralized power generation
A. Restructuring of the Industry
1. Unbundling of the vertical integration B. Policy and Legislative Updates
2. Introduction of competition 1. Recent amendments or proposed changes to
3. Market-driven generation EPIRA
2. Potential impact on the power sector
B. Creation of Regulatory Bodies
1. Energy Regulatory Commission (ERC) IX. Conclusion
2. National Transmission Corporation (TransCo) A. Recap of Key Points
3. National Grid Corporation of the Philippines B. Importance of EPIRA in shaping the power
(NGCP) landscape
C. Call to Action: Adapting to the Evolving
III. Power Generation and Supply Power System
A. Competitive Market
1. Overview of the Wholesale Electricity Spot
Market (WESM)
2. Market participants and their roles
3. Impact on power pricing
V. Regulatory Oversight
A. Energy Regulatory Commission (ERC)
1. Functions and powers
2. Tariff setting and approval
3. Consumer protection measures
B. Exploring Opportunities
1. Innovation in the power sector
2. Technological advancements
3. Economic growth and development