Abbreviations and units of measure

BOI

Board of Investments

CREATE

Corporate Recovery and Tax Incentives for Enterprises

CBI

Climate Bonds Initiative

CGIF

Credit Guarantee and Investment Facility

CREZ

Competitive Renewable Energy Zone

CSP

Competitive Selection Process

COD

Commissioning date

DENR

Department of Environment and Natural Resources

DOE

Department of Energy

DOST

Department of Science and Technology

ECA

Export Credit Agencies

EE&C

Energy Efficiency & Conservation

EESL

Energy Efficiency Services Limited

ETM

Energy Transition Mechanism

EVOSS

Energy Virtual One-Stop Shop

ERC

Energy Regulatory Commission

EPIRA

Electric Power Industry Reform Act

ESCO

Energy Services Company

ESI

Energy Savings Insurance

FDI

Foreign Direct Investment

FIP

Feed in Premium

FIT

Feed in Tariff

GCG

Governance Commission for Government-owned or Controlled Corporations

GEAR

Green Energy Auction Reserve

GEAP

Green Energy Auction Programme

GEMP

Government Energy Management Programme

GEOP

Green Energy Option Programme

GET

Green Energy Tariffs

IAEECC

Inter-Agency Energy Efficiency and Conservation Committee

IPP

Independent Power Producers

LCEP

Low Carbon Energy Programme

LiDAR

Light Detection and Ranging

LGU

Local Government Unit

LNG

Liquefied Natural Gas

LEECP

Local Energy Efficiency and Conservation Plan

NAMRIA

National Mapping and Resource Information Authority

NMP

Net Metering Programme

NPC

National Power Corporation

TransCo

National Transmission Corporation

NEDA

National Economic and Development Authority

NGCP

National Grid Corporation of the Philippines

NREP

National Renewable Energy Program

O&M

Operation and Maintenance

PDP

Power Development Plan

PEP

Philippine Energy Plan

PNOC-RC

Philippine National Oil Company – Renewables Corporation

POWJIP

Philippine Offshore Wind – Joint Industry Platform

PPA

Power Purchase Agreement

PPP

Public Private Partnership

PSA

Power Supply Agreement

RCOA

Retail Competition and Open Access

RPS

Renewable Portfolio Standards

TDP

Transmission Development Plan

WESM

Wholesale Electricity Spot Market

WESC

Wind Energy Service Contracts