Senate to review market share limitations among power gencos

The Senate committee on energy wants to review the market share limitation under the Electric Power Industry Reform Act of 2001 (EPIRA) to reflect the true state and foster competition in the power generation industry, Sen. Sherwin Gatchalian said.

During the executive seminar on fostering dynamic competition in the Philippine power industry, Gatchalian said the metric used to determine market share limitations should be reviewed.

Under the EPIRA, market share limitations prohibit generation companies from owning more than 30 percent of the installed capacity of a grid and more than 25 percent of the installed capacity of the national grid.

However, Gatchalian said using installed generating capacity as measure in computing market shares does not show the true dominance of a company, thus it needs to be revised.

Read more here.

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