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    Energy Law Notes

    Uploaded by

    Nash Ortiz Luis
    This document discusses key aspects of energy law in the Philippines, particularly regarding oil deregulation and electricity. It covers: 1. The Oil Deregulation Act which aimed to liberalize the oil industry through removing barriers like nationality requirements, to increase competition and lower prices. 2. The Electric Power Industry Reform Act (EPIRA) which restructured and privatized the electricity industry. It transferred generation assets to PSALM, transmission to Transco, and aimed for open access and retail competition through the Wholesale Electricity Spot Market (WESM). 3. The roles and relationships between different players in the electricity industry like PSALM, Transco, National Grid Corporation of the Philippines

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Energy Law Notes

    Uploaded by

    Nash Ortiz Luis
    131 views2 pages
    This document discusses key aspects of energy law in the Philippines, particularly regarding oil deregulation and electricity. It covers: 1. The Oil Deregulation Act which aimed to liberalize the oil industry through removing barriers like nationality requirements, to increase competition and lower prices. 2. The Electric Power Industry Reform Act (EPIRA) which restructured and privatized the electricity industry. It transferred generation assets to PSALM, transmission to Transco, and aimed for open access and retail competition through the Wholesale Electricity Spot Market (WESM). 3. The roles and relationships between different players in the electricity industry like PSALM, Transco, National Grid Corporation of the Philippines

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    Energy Law Notes

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    This document discusses key aspects of energy law in the Philippines, particularly regarding oil deregulation and electricity. It covers: 1. The Oil Deregulation Act which aimed to liberalize the oil industry through removing barriers like nationality requirements, to increase competition and lower prices. 2. The Electric Power Industry Reform Act (EPIRA) which restructured and privatized the electricity industry. It transferred generation assets to PSALM, transmission to Transco, and aimed for open access and retail competition through the Wholesale Electricity Spot Market (WESM). 3. The roles and relationships between different players in the electricity industry like PSALM, Transco, National Grid Corporation of the Philippines

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    131 views2 pages

    Energy Law Notes

    Uploaded by

    Nash Ortiz Luis
    This document discusses key aspects of energy law in the Philippines, particularly regarding oil deregulation and electricity. It covers: 1. The Oil Deregulation Act which aimed to liberalize the oil industry through removing barriers like nationality requirements, to increase competition and lower prices. 2. The Electric Power Industry Reform Act (EPIRA) which restructured and privatized the electricity industry. It transferred generation assets to PSALM, transmission to Transco, and aimed for open access and retail competition through the Wholesale Electricity Spot Market (WESM). 3. The roles and relationships between different players in the electricity industry like PSALM, Transco, National Grid Corporation of the Philippines

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    ENERGY

    LAW

    OIL DEREGULATION
    1. Barriers to entry nationality requirement (60/40)
    2. Price setting

    Petron-owned by POCC

    See definition, activities of Oil Deregulation Act

    Purpose of Oil deregulation:
    Liberalization more competition reasonable price (lower)

    RA 8479: AN ACT DEREGULATING THE DOWNSTREAM OIL
    INDUSTRY AND FOR OTHER PURPOSES
    1. Difficulty in administering
    Downstream





    Participants

    Activities
    2. Anti-Competition/Trust
    a. Cartelization (collusion)
    b. Predatory pricing lower price

    HW:
    Authority/Jurisdiction of DOE DOJ Body Task Force
    Transitory Provisions/phase (recent news, OPSF)
    IPO requirement
    Biodiesel
    Bioethanol

    High voltage: 250 (Plant)
    Low voltage: 138 (Transmission)

    Household: 220

    Symbiotic relationship: economy and electricity

    CA 120: PUBLIC SERVICES ACT
    Road map to provide public services to the Philippines

    NPC (original mandate is for Hydroelectric power)

    Island grid

    Power Gen



    HV lines



    LV lines for distribution

    SPUG small power utilities grid
    NPC biggest corporation in the country

    BOT Law
    P8/Kw hr present (before it was fixed at a certain price)

    Pass-on and pass thru charges ERB mandates private generator
    operators

    ERC mandate- protect the consumers

    NPC started buying electricity

    Long-term contracts (29 years)

    Contingent liabilities

    Assumptions proved to be wrong

    BOT = risk allocation (identify risks)


    Take or pay contract = resale value = exit

    3 Baskets of Risk
    1. Legal/regulatory
    2. Commercial
    3. Financial
    4. technical

    IPP NPC End-user
    P85

    P50

    - Assumed whatever the risks

    Before EPIRA, vertically integrated industry (Government owns
    everything)

    Generation = NPC, NPC IPPs (Meralco)
    Transmission = NPC (high voltage)
    Distribution = Private Dus Electric Cooperations (low voltage)

    Full deregulation = ERB has control

    EPIRA Objectives
    1. Restructuring
    2. Privatization

    End goal = open access and retail competition

    Open access distribution system/writes (low voltage)

    Transmission Transco
    (including franchise)
    (Q: How do you transfer a franchise?)


    Generation assets (including IPP contracts and all NPC debt
    PSALM)

    IPPA administrator unique in the Philippines, own output and can
    sell at whatever price it chooses, trades it to WESM

    National Grid Corporation of the Philippines (NGCP)
    (Private) operation and maintenance
    State Grid of China
    Monte Oro SM (Sy)

    VAT zero-rated

    Contestable vs. Captive customers
    (1M Megawatt)

    BATILEC II
    - largest electric cooperative

    1. WESM
    Certificate of Public Convenience
    Transition blues
    Regulated entity Regulatory power

    Gross pool all electricity

    Take or Pay
    Take and Pay
    Standards
    Pay what you get
    Technical aspects

    BONUS QUESTION FINALS: Sustainability readings

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