The UPLB Department of Economics (DE), in collaboration with AboitizPower (AP) through the Rural Economic Development and Renewable Energy Policy Program, conducted a training session last 26 February 2024 at the Board of Investments (BOI), an attached agency of the Department of Trade and Industry in charge with developing industries by promoting investments. DE presented its own version of AP Power 101, the latter’s training course on the power sector.
Power 101 as conducted by DE includes valuable economic insights crucial for understanding how the electric power sector works, a significant improvement from the original training materials. Power 101 covered the following topics: the structure of the Philippine power sector; Philippine power sector reforms; the Wholesale Electricity Spot Market (WESM); and the renewable energy situation in the Philippines. DE holds ownership of this version of Power 101. Dr. Emmanuel Genesis Andal, Dr. Gideon Carnaje, and Asst. Prof. Veronica Castillo of DE led and facilitated Power 101.
AP AVP Brian Diosma also contributed insights on the technical aspects of power generation, and Asst. Prof. Luisito Abueg of DE on regulation policy. Welcome remarks were given by AVP Ramon Pernia of AP and Dir. Raquel Echague of BOI’s Resource-based Industries Service (RBIS). The training session was hosted by Ms. Anna Maniego of AP. Dir. Echague along with Dir. Sandra Ricolizado of BOI’s Investments Policy and Planning Service (IPPS) led the Power 101 participants from the BOI.