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Home : Media : News : News Article View

# US Government-Supported Program to Promote Sustainable and Affordable Power Resources in the Philippines Launched

By StaffEmbassy of the U.S. Philippines

                MANILA, Philippines  –              
  U.S. Ambassador to the Philippines, Philip S. Goldberg joined SecretaryArsenio M. Balisacan, Director-General, National Economic and DevelopmentAuthority and Secretary Carlos Jericho L. Petilla, Department of Energy tolaunch the Energy Policy and Development Program (EPDP).

  Funded by the U.S. Embassy Manila’s United States Agency for InternationalDevelopment (USAID) and implemented by UPecon Foundation, Inc., EPDP is afour-year, Php225 million ($5 million) project that aims to strengthen the GPHcapacity to formulate evidence-based policies and strategies for thecost-effective use of energy resources towards environmentally-sound energydevelopment.

  “The Philippines has become one of the fastest-growing economies in Asiaand represents new opportunities for trade and investment that create jobs.Crucial to this, businesses need stable supply and low cost power to becompetitive while households need access to reliable and affordable electricityto be productive,” Ambassador Goldberg said. “This new partnership will helpdevelop and promote knowledge, research and best practices in the energy sectorthat will be important to sustain the impressive growth achieved by thePhilippines in the recent years.”

  EPDP will work to promote an energy policy and reform agenda. It willoperate as an independent think tank that guides and informs policy anddecision-making, and provides inputs to establish an academic and policy programat the University of the Philippines. EPDP will also help inform private sectorbusiness strategies in ways that support sustainable economic development.

  “The Philippine Development Plan Midterm Update 2011-2016 emphasizes theneed for sustainable, reliable, and efficient use of energy resources, as wellas the development of environment-friendly energy technologies. The EPDP canprovide invaluable guidance to stakeholders in the energy sector andpolicymakers in government in the crucial years ahead,” NEDA Secretary Balisacansaid.

  Key to advancing EPDP’s research agenda, the program will assist theUniversity of the Philippines School of Economics to develop institutionallinkages with U.S. universities and institutions with expertise in the energysector, to include: University of Hawaii, Tufts University, MassachusettsInstitute of Technology, International Food Policy Research Institute, andUniversity of California Energy Institute.

  EPDP builds upon a long history of partnership between the United Statesand the Philippines, which was solidified under the bilateral Partnership forGrowth (PFG). “The U.S. Government, through USAID will continue to support theGovernment of the Philippines’ efforts to reduce the high cost of electricityand promote access to affordable power,” said USAID Mission Director Gloria D.Steele.

  Under the PFG, both governments are addressing the most serious constraintsto inclusive growth in the Philippines. EPDP contributes to this by fostering amore competitive business environment for the country through sustained andaffordable energy supplies.

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