DOE: Power industry important in PH economic development
- October 18, 2017
- 0
We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.
The cookies that are categorised as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ...
Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.
Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.
Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Advertisement cookies are used to provide visitors with customised advertisements based on the pages you visited previously and to analyse the effectiveness of the ad campaigns.
Without power, there can be no progress and prosperity. It is indispensable to our economic growth and our nation’s drive towards global competitiveness. Because of this, the energy sector seeks to attain its ultimate goal of energy security to hasten the government’s drive towards industrialization,” Cusi said in a forum.
Cusi promised that they will pursue the participation of the private sector and make use of new technologies and emerging power supply sources that meet with the power mix policy.
“We will formulate relevant policies and regulations to ensure an attractive business climate. EO30 will do away with the tedious process of permitting and approval prior to the commercial operation of power generation projects,” he said.
With the full implementation of Executive Order 30, Cusi said, the country would be able to meet the needed capacity to address the growing power demand due to the growing economy.