Browsing by Author "Concepcion, Eina Izabela Zaide"
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Item Restricted The economics of off-grid: an analysis of subsidy graduation policy for missionary electrification(2016-06) Concepcion, Eina Izabela Zaide ; Escresa, Laarni C.This study determines the overall welfare and distributional implications of the Missionary Electrification Subsidy Graduation Program by studying three policy options, namely: Continued subsidy, Graduation through full private sector investment in renewables and Graduation through main grid connection. The Annualized Life Cycle Cost method was used to simulate these three options in a case study of the Missionary Electrification of the Romblon Electric Cooperative (ROMELCO). Findings of the study include the incentive for the area to stay under the subsidy or pursue graduation through full private investment in renewable energy and the disincentive to pursue graduation via main grid connection. The study recommends policy adjustments to improve efficiency and equity considerations of both Continued subsidy and Graduation policies for a more sustainable Missionary Electrification program and a smoother transition into the Subsidy Graduation Program.