Manila, Philippines --- (METERING.COM) --- April 9, 2013 - The Philippines Department of Energy has created an inter-agency steering committee to develop a national smart grid policy framework and roadmap.

The members of the committee include the DOE, which will also serve as chair, National Power Corporation (NPC), National Transmission Corporation (TransCo), National Electrification Administration (NEA), National Grid Corporation of the Philippines (NGCP), and Philippine Electricity Market Corporation (PEMC).

However, other government and private agencies and organizations will be invited to participate in the development of the roadmap, and technical working groups will be formed as needed.

Specific deliverables of the committee include a national smart grid strategy to 2030 with a consideration of the impact on electricity prices, along with transition policies and guidelines and a roadmap with timelines for smart grid implementation. A customer education and information framework will also be developed.

The committee will also be responsible for tapping funding from bilateral or multilateral funding institutions to finance smart grid initiatives, and for monitoring the implementation of the smart grid.

According to the ministry circular establishing the committee, the aim is to develop a smart grid policy and roadmap in a holistic and sustainable manner in order to ensure and encourage greater participation from all stakeholders of the electric power industry and promote technology innovation, business growth and job creation, thereby enhancing regional and global competitiveness of the Philippines.

Several power industry participants, among them Meralco, have already started implementing smart grid initiatives.