Posts tagged with: Multilateral Dev Bank

Attracting Private Financing into Transmission Project / UN-ESCAP 2022 The Philippines is a good example of the whole of grid concession model. In 2001, the Philippines introduced the “Electric Power Industry Reform Act 2001”, which paved the way for grid concession by restructuring the power sector (a prerequisite for implementing the model) and privatizing the national transmission company. Under the terms of the concession, the government retained ownership of the existing transmission system and auctioned off responsibility to operate, maintain and expand the

Attracting Private Investment into Transmission Systems – IEA 2021 Key takeaways: – in ASEAN, Singapore and the Phillipines are the only energy jurisdictions which provide open access and have competitive wholesale market mechanisms – Internationally, the BOOT and long-term concession (LTC) models have been found to be most effective in attracting high levels of private investment in transmission infrastructure – both BOOT and LTC models have similar requirements including: – need for open access – reform of energy markets to ensure clear regulatory