Comparative Analysis of Power Prices in the Philippines and Selected ASEAN Countries
This study compares the electricity supply costs in the Philippines with that in three ASEAN member countries – Indonesia, Malaysia, and Thailand. The study presents seven recommendations pertaining to the Philippines’ electricity supply chain, ranging from fuel supply to electricity distribution.
Recommendations to ‘shift back to market-based load dispatch’, ‘adopt thermal efficiency standards for power generation’, and ‘create good business environment to reduce WACC’ are identified with larger effects on cost reduction than the other recommendations. Thus, it is suggested that promotions should focus on the most impactful policy recommendations.