Economic freedom, power reserves, and declining births - BusinessWorld Online

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OPINION | Economic freedom, power reserves, and declining births By Bienvenido S. Oplas, Jr. READ:

Among my old friends from the US who came were Simon Lee, formerly with the Lion Rock Institute-HK, Philip Thompson of the Tholos Foundation, Joe Lehman of the Mackinac Center, Kris Mauren of the Acton Institute, Fred McMahon of the Fraser Institute in Canada, and Basanta Adhikari of Bikalpa in Nepal.

This is a rough measurement with limited components and countries covered. For this exercise, I use only four components: percent changes in mobility from the baseline period January to Feb. 6, 2020 of Google COVID-19 Community Mobility Reports’ 1.) Transit Stations , and, 2.) Retail and Recreation ; 3.) GDP growth percentage points increase from 2019-2020, and, 4.) Gross debt/GDP ratio percentage points increase from 2019-2021 .

Other researchers can expand on this and introduce more components and factors, assign different scores and weights, and cover more countries. I hope to do that someday.1. “The way forward for the power industry” by Romeo Bernardo : “… ensuring that the systems operator National Grid Corporation of the Philippines fully contracts what the system requires. The establishment of a reserve market has been long delayed.

4. “DoE’s Cusi urges NGCP to meet reserve contract requirement instead of seeking Palace intervention” by Marielle Lucenio : “The DoE requires the grid to have reserve power, known as ancillary services on tap committed under firm contracts. The NGCP’s position is that full compliance with the firm-contract requirement will ultimately raise power prices because of the expense involved in committing reserves.

 

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