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Powers and Functions of the Executive Board. The Executive Board shall:
(a) Provide the general direction and priorities of the Institute in accordance with this Act;
(b) Determine research and policy areas for study and investigation by the Institute and an annual research agenda, in consultation with the Executive Director, based on its evaluation of the local and international energy policy landscape and advancements in technology taking into consideration, among others, the Philippine Energy Plan and the issuances of the DOE, ERC, and other energy related agencies;
(c) Provide advice to the Institute on any matter relating to the development of a research or policy area and the administration of research and policy research programs;
(d) Approve the following:
(i) Organizational structure of the Institute including position classification and compensation of employees subject to Section 11 of this Act, in coordination with the Department of Budget and Management (DBM),
(ii) Appointment of research fellows, officers, and employees of the Institute:Provided,That the pool of research fellows shall include experts and researchers from diverse disciplines, public and private universities, and other research institutions, and
(iii) Institutes overall budget;
(e) Monitor and review the programs and projects undertaken by the Executive Director to implement and enforce research and policy direction and priorities;
(f) Assist the Executive Director in generating resources and obtaining logistical and financial support for the programs and component units of the Institute:Provided,That in so doing, no conflict of interest exists with the objectives of this Act and the functions of the Institute; and
(g) Assign additional powers, functions, and duties of the Executive Director in accordance with the objectives of this Act.
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