2016 Yearender: Issues create shockwaves for energy sector
Source: Phil Star
Summary: There were several issues for the solar players:
Solar FIT - Parameters were not properly set, so there was industry-wide confusion why some solar players were excluded.
May elections and Change in Leadership – The change in administration meant that proposals now approved by then President Benigno Aquino III remain pending
New Administration’s Energy Plan - energy mix policy that is anchored on ensuring a reliable power supply and lower the price of electricity.
ERC official’s death - Francisco Villa Jr. committed suicide at the comfort of his own home last Nov. 9, shook the ERC.