http://asianenergyadvisors.com/2006/06/30/philippines-transco-concession/ Focused on the Philippine Electricity Sector Thu, 04 Feb 2010 08:56:48 +0800 http://wordpress.org/?v=2.8.6 hourly 1 http://asianenergyadvisors.com/2006/06/30/philippines-transco-concession/comment-page-1/#comment-113 Nick Fri, 30 Jun 2006 05:20:32 +0000 http://asianenergyadvisors.com/?p=203#comment-113 You hit THAT nail square on its head. You hit THAT nail square on its head.

]]> http://asianenergyadvisors.com/2006/06/30/philippines-transco-concession/comment-page-1/#comment-112 Martin Fri, 30 Jun 2006 05:03:37 +0000 http://asianenergyadvisors.com/?p=203#comment-112 I agree with your observation that transmission issues will become more apparent with the operartion of the Philippine spot market. I believe in the principle that 'risks should be borne by the one most able to manage it'. Unfortunately, there is NOTHING in the spot market rules that incentivizes TransCo to address line congestions that jack up settlement prices in the market. Buyers in the market will just have to bear the additional congestion costs while they wait for TransCo to move. I agree with your observation that transmission issues will become more apparent with the operartion of the Philippine spot market. I believe in the principle that ‘risks should be borne by the one most able to manage it’. Unfortunately, there is NOTHING in the spot market rules that incentivizes TransCo to address line congestions that jack up settlement prices in the market. Buyers in the market will just have to bear the additional congestion costs while they wait for TransCo to move.

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