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PIA Press Release
2006/10/11

Gov't closely monitors energy situation of RP

Manila (11 October) -- The Arroyo government is closely monitoring the energy situation of the country and future requirements as President Arroyo remains unfazed in her resolve to deliver basic services to the people especially the Filipino poor.

"The periodic assessment of our future energy requirements is a permanent task of the government, and our energy team is closely working with all industry sectors and stakeholders in this regard."

Thus stressed Press Secretary and Presidential Spokesman Ignacio Bunye, saying "this challenge (on energy requirement monitoring) is being worked on 24 by 7 and all steps are being taken to prevent and preempt potential problems."

Bunye said the country has enough energy supply and assured the public that this will be maintained in the coming years.

Meanwhile, the Palace official announced that the Wholesale Electric Spot Market would provide more electricity supply to the growing demands in the country at cheaper rates.

Likewise, the ongoing privatization of assets of the National Power Corporation and the inflow of investments in the energy sector are solid bases of confidence to help support the energy situation.

Despite these developments, the Arroyo leadership is still exploring various alternative sources of energy to reinforce the whole system as it assures the public that no one will be groping in the dark in the coming years. (PIA-MMIO) [top]

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