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Comparative Analysis of Power Prices in the Philippines and Selected ASEAN Countries

Comparative Analysis of Power Prices in the Philippines and Selected ASEAN Countries
31 October 2018
Emiri Yokota, Ichiro Kutani

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This study compares the electricity supply costs in the Philippines with that in three ASEAN member countries – Indonesia, Malaysia, and Thailand. The study presents seven recommendations pertaining to the Philippines’ electricity supply chain, ranging from fuel supply to electricity distribution.

Recommendations to ‘shift back to market-based load dispatch’, ‘adopt thermal efficiency standards for power generation’, and ‘create good business environment to reduce WACC’ are identified with larger effects on cost reduction than the other recommendations. Thus, it is suggested that promotions should focus on the most impactful policy recommendations.

Full Report 

Full Report 


Title Page 



Table of Contents

List of Project Members

List of Figures

List of Tables

List of Abbreviations

Executive Summary

Chapter 1. Introduction

Chapter 2.  Power Industry and Power Price in the Philippines

Chapter 3. Comparing Electricity Cost Structures

Chapter 4. Policy Implication

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