Section 5Sec./Art. 5

Powers and Functions of the Institute. The Institute shall:

(a) Formulate and conduct research and development on energy, energy technology, public policy issues in energy markets, and other pressing issues and problems including the environment, health, and consumer impacts of energy policies and programs, all backed by rigorous empirical evidence;

(b) Establish linkages with government agencies, other universities, and private and public institutions on existing energy research and policy studies;

(c) Conduct research and policy development programs and capacity-building trainings n energy:Provided,That special attention shall be given to the needs of the Department of Energy (DOE), the Energy Regulatory Commission (ERC), and the legislature.

(d) Provide common research support facilities and maximize the utilization of its technical experts and staff;

(e) Enhance the pool of researchers and faculty with graduate and postgraduate degree in the field of energy, such as energy economics, energy engineering, energy law, energy statistics, and data science specializing in energy, among others, by providing research grants within and outside the UP, among others;

(f) Establish local and foreign linkages in energy research and policy development;

(g) Serve as the repository of all energy-related researches, studies, and data generated by the Institute and other academic, public, and private groups, organizations, and institutions;

(h) Propose and allocate its annual budgetary resources while optimizing resource generation and utilization; and

(i) Receive and manage grants, aid, donations, contributions, or any kind of assistance for achieving its objectives, in accordance with the rules and regulations of the UP. The amounts received and the sources of grants, aid, donations, contribution, or any kind of assistance received shall be published on its website for purposes of transparency.

The Executive Board may assign additional powers and functions to the Institute:Provided,That is shall be in accordance with the objectives of the Institute as stated in this Act.