Declaring the commercial operation of the central scheduling and dispatch of energy and contracted reserves in the wholesale electricity spot market and further amendments to its protocol in preparation for the eventual commercial operation of the WESM reserve market
WHEREAS, Section 37 of the Electric Power Industry Reform Act of 2001 (EPIRA) provides that the Department of Energy (DOE) is mandated to , among others:
a.) Supervise the restructuring of the electric power industry;
b.) Ensure the reliability, quality and security of supply of electric power;
c.) Develop Policies and procedures and, as appropriate , promote a system of energy development incentives to enable and encourage electric power industry participants to provide adequate capacity to meet demand including, among others, reserve requirements; and
d.) Exercise such others powers may be necessary to attain the objectives of the EPIRA;