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	<title>Philippine News &#187; power shortage</title>
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		<title>Gibo Recommends Energy Sustainability Plan for Mindanao&#8217;s Power Crisis</title>
		<link>http://www.balitapilipinas.com/gibo-recommends-energy-sustainability-plan-for-mindanaos-power-crisis/</link>
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		<pubDate>Fri, 12 Mar 2010 07:11:52 +0000</pubDate>
		<dc:creator>Ogie Cea</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[2010 Elections]]></category>
		<category><![CDATA[Gilbert Teodoro]]></category>
		<category><![CDATA[Gilberto Teodoro]]></category>
		<category><![CDATA[Lakas-Kampi]]></category>
		<category><![CDATA[Lakas-Kampi-CMD]]></category>
		<category><![CDATA[Mindanao]]></category>
		<category><![CDATA[power shortage]]></category>

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		<description><![CDATA[Lakas-Kampi-CMD frontrunner Gibo Teodoro paddled once more for a 25- to 50-year energy sustainability preparation to put a stop to a recurrence of the power crisis battering Mindanao and other... <span class="meta-more"><a href="http://www.balitapilipinas.com/gibo-recommends-energy-sustainability-plan-for-mindanaos-power-crisis/">Read more &#187;</a></span>]]></description>
			<content:encoded><![CDATA[<p>Lakas-Kampi-CMD frontrunner Gibo Teodoro paddled once more for a 25- to 50-year energy sustainability preparation to put a stop to a recurrence of the power crisis battering Mindanao and other regions of the country at present.</p>
<p>Gibo stressed out before a thousand students and leaders of nongovernment organizations (NGOs) present at the presidential forum at the Ateneo de Davao University. The forum tackled about the urgency for a multisectoral concord on ordering innovative or existing power barges and escalating the power producing capability of industrialized users by letting giant companies to bring in their own generators on a tax-free basis.</p>
<p>“We need a 25-year or 50-year energy plan so that we can deal with the crisis while planting the seeds of addressing potential shortfalls in the future here in Mindanao and other parts of the country,” Gibo said during the “Panaghisgut-Hisgut” or the 2010 Mindanao Presidential Forum at the university’s Finster Hall.</p>
<p>Several regions for Davao and other areas of the South have been weighed down in the past weeks by rotating power outages ranging from three to 12 hours on a daily basis.</p>
<p>In addition to this, self-generators refer to power generation amenities for industrial or industrial utilization owned and built by private division end users.  Trade bodies typically spend funds in these facilities when economical, dependable and quality powers is not accessible or guaranteed by power utility corporations but are bound to pay taxes on such investments as permitted under the Electric Power Industry Reform Act (EPIRA).</p>
<p>Gibo stated that the government should consider nuclear power as one alternative to escalate the energy capacity of the country immediately to achieve energy sustainability.</p>
<p>Gibo previously said that the Philippines can gain knowledge from the United Arab Emirates situation, one of the world’s major oil exporters, which recently signed a $25-billion agreement with a Korean electric power company to build nuclear power plants.</p>
<p>“I don’t see the reason why we should not {explore nuclear power).  Filipinos used to run the plants in Korean and Japan, I think.  We can certainly do it here,” Gibo said.</p>
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