Adopting further amendments to the wholesale electricity spot market (WESM) rules and market manuals for the implementation of enhancements to WESM design and operations
(Provisions for Price Determination Methodology and Constraint Violation Coefficients and Pricing Re-run)
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;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 Star
Date Published (mm/dd/yyyy):
04/29/2017