Department Circular No. DC2017-04-0005

Adopting the Wholesale Electricity Spot Market (WESM) Market Manual on the Management of Net settlement Surplus and its Further Amendments

WHEREAS, Sections 30 and 37(f) of the Electric Power Industry Reform Act (EPIRA) provides that the DOE, jointly with the electric power industry participants, shall establish the Wholesale Electricity Spot Market (WESM) and formulate the detailed rules governing the operations thereof;

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Published at: 
The Manila Times and The Philippine Daily Inquirer
Date Published (mm/dd/yyyy): 
06/01/2017