Region: East Asia and Pacific
Sector: Energy and Power
The Philippine power sector underwent significant privatization following the passage of the Electric Power Industry Reform Act of 2001 (“EPIRA”), which now provides the principal regulatory framework for the Philippine electricity industry.
It provides a good example of a developing economy whose power sector has transitioned (in the relatively recent past) from a largely state-operated model to a market-oriented model.
Image by Pixabay
Updated: October 25, 2021