Home / FLD / Energy chief pledges level playing field

Energy chief pledges level playing field

Newly appoint Philippine Secretary of Energy Jose Rene Almendras said the department would propose amendments to the Biofuels Law of 2006 and the Electric Power Industry Reform Act of 2001 to Congress, without going into details. He said the department will also look into the issue of electricity pricing to make sure the returns were attractive to investors. Almendras said he would seek “innovative ways” of fair electricity pricing for both consumers and investors. (July 6, 2010)