A new Philippine energy blog I’ve started following is Head, Wind, Canoe. The writer focuses on distribution issues – so it’s a welcome addition to my reading.
Today he compiles some publicly available EC data (from 2006) into a chart which shows a correlation between the total sales volume of an EC and it’s “distribution costs” [...]
Ah … just go read Dr. Ruaya. Nice observations, all the way down the line.
This is NOT rocket science, as they say. But let me try to link a number of disparate pieces together regarding the NPC/PSALM privatization process.
First, consider the following diagram that shows how NPC tariffs are linked to the privatized asset revenue stream. The numbers are illustrative only, in order to communicate a concept.
I won’t walk [...]