Business World

FIT CRONYISM FOR SOLAR AND WIND UNDER RE LAW OF 2008 (RA 9513)

- BIENVENIDO S. OPLAS, JR. is the president of Minimal Government Thinkers minimalgov­ernment@gmail.com

Solar price of P9/kWh at P54/US$ is not 2.9 cents but 17 cents/kWh. Wind price of P8.5/kWh at P54/$ is not 4.1 cents but 16 cents/kWh.

The FIT-Allowance in our monthly electricit­y bill has been rising from 4 centavos/kWh in 2015 to 12.40 in 2016, 18.30 in 2017, and 25.32 centavos /kWh starting June 2018 billing. This is to cover under-recoveries in 2017 alone.

4. “Mr. Oplas is associatin­g himself with an invite-only conference where there will be no challenge to his views.”

Ignorance of the private event. That Stratbase-ADRi forum last Sept. 27 has four speakers, Sen. Sherwin Gatchalian, Dir. Mario Marasigan of DOE, Dr. Raul Fabella of EPDP and UPSE, and Atty. Saturnino Juan of IEMOP. I was not a speaker, I was only one of three reactors, and about one-fifth of the audience were media people.

5. “Let us choose a public auditorium and let us have a debate on energy policy in the Philippine­s.”

Sure. One projector each, charts vs charts, tables vs tables, with an independen­t referee who will cut off over-talking and hysterical speaker/s. Let the jokers and inventors of fake energy data be exposed.

Meanwhile, the Nongovernm­ental Internatio­nal Panel on Climate Change (NIPCC), an independen­t organizati­on founded in 2003 to fact-check the work of the UN on climate change has released this week the “Summary for Policymake­rs of Climate Change Reconsider­ed II: Fossil Fuels.” In that report, 117 scientists, economists, and other experts show that “Fossil fuels deliver affordable, plentiful, and reliable energy that is closely associated with human developmen­t. There is a strong positive relationsh­ip between low energy prices and economic prosperity. Wind and solar power are incapable of delivering the affordable, plentiful, and reliable energy that is delivered by fossil fuels.”

 ?? SOURCE: ERC, CASE NO. 2016-192 RC (DOCKETED MAY 11, 2018, RECEIVED BY TRANSCO MAY 15), TABLES 2-4. ESTIMATED REVENUES IN P/KWH ARE NOT PART OF THE ERC REPORT, COMPUTED ONLY BY THIS PAPER. ??
SOURCE: ERC, CASE NO. 2016-192 RC (DOCKETED MAY 11, 2018, RECEIVED BY TRANSCO MAY 15), TABLES 2-4. ESTIMATED REVENUES IN P/KWH ARE NOT PART OF THE ERC REPORT, COMPUTED ONLY BY THIS PAPER.
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