[OPINION] Disinformation and the DOE
Aug 4, 2021 3:38 PM PHT
Dean de la Paz
Now on its second month since the public took notice of debilitating power outages, due mostly to the downtimes of critical baseload power plants feeding the Luzon grid, the blame game by the Department of Energy (DOE) against the National Grid Corporation of the Philippines (NGCP) continues. Admittedly there is a lot about the NGCP’s monopoly in operating the country’s transmission assets worth criticizing. From its capital structure where true management control by Chinese shareholders may exceed the statutory maximum allowed them, to questions of a lopsided deal ab initio in 2007.
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