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Research@WUR
Article . 2023
License: CC BY NC ND
Data sources: Research@WUR
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International Journal of Energy Economics and Policy
Article . 2023 . Peer-reviewed
Data sources: Crossref
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Regulating the Regulators: Economic Assessment of Philippine Electricity Regulation

Authors: Osorio, Chad Patrick;

Regulating the Regulators: Economic Assessment of Philippine Electricity Regulation

Abstract

This paper seeks to analyze the regulatory framework of energy economics in the Philippines. It looks at the historical legal background of these regulations, seeking to understand how different factors contribute to the performance of the energy industry in the Philippines today. The first part provides the recent state of electricity in the Philippines, in contrast to other countries in comparatively the same circumstantial environments but with vastly different payment rates for electricity. The second part delves deeper and discusses its history, tracing the creation of landmark private industries, community cooperatives, and regulatory bodies throughout the century, up to the present day and how the current energy regulatory framework operates. It seeks to isolate the extent of influence on this particular variable that regulatory frameworks exert. Lastly, the final part dissects the Philippine regulatory framework, applying standards and concepts for efficiency in regulation and identifying areas for improvement. It concludes by providing five key recommendations: adopting data-driven regulation; integrating AI analytics; promoting a principle-based regulatory system; improving incentives against corruption and patronage politics, and; increasing consumer education. These steps can provide the backbone of reform that the Philippine regulatory system needs in order to push forward an efficient, human rights-responsive social energy framework for its citizens.

Country
Netherlands
Keywords

Philippine Electricity Industry, Economic Analysis of Law, Regulation

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
Green
gold