ALMENDRAS CLAIMS POWER SHORTAGE IN AQUINO’S FINAL 3 YEARS
Energy chief: Noy may do an FVR on electricity
By Danessa O. Rivera 09/09/2011Energy Secretary Jose Rene Almendras raised the possibility yesterday that President Aquino may do a Ramos in solving a looming power shortage he claimed that may happen in the last three years of the Aquino administration. This will be done through emergency powers.
Almendras told reporters there may be a power reserve shortage around 2014 to 2015 as most of the proposed coal-fired power plant projects are hindered by permitting problems.
“If national interest is not protected then the President will exercise his powers. But we’re hoping that we will not get there,” he said.
President Ramos, after assuming the presidency in 1992 sought emergency power from Congress to address a then crippling power shortage that resulted mainly from the decision of Ramos’ predecessor President Cory Aquino, the incumbent Aquino’s mother, to abolish the Ministry of Energy (MoE) during her term that created a vacuum in energy supply planning..... MORE
Source: The Daily Tribune
URL: http://www.tribuneonline.org/headlines/20110909hed1.html
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