(Taguig City) The Department of Energy (DOE), together with the Philippine Electricity Market Corporation (PEMC) and Energy Regulatory Commission (ERC), will meet with officials of the Australian Energy Market Operator (AEMO) in Norwest Sydney, Australia on 21 October 2013 to study the market design and best practices in its operation. 

This initiative will provide useful insights to the DOE, PEMC and ERC in the formulation of market policies in preparation for the full integration of the retail, reserve and renewable energy markets in the Wholesale Electricity Spot Market (WESM).

Energy Secretary Carlos Jericho L. Petilla said that the DOE aims to further boost its long-term planning strategies for the power sector in the country. The DOE notes that AEMO is one of the models for the conceptualization of the Philippine WESM.

This one-day interface meeting will involve visit to the AEMO Control Center, where there will be discussions and exchanges of information on the areas of governance, market design including retail market operations, and technology and software that AEMO has adopted. There will also be discourses on policies and strategies, which include the development and preparation of the Statement of Opportunity (SOP) that involves Ten (10)-Year Daily-Hourly Forecasting, and the 100 Percent Renewables Study-Modelling Outcomes.

“It will be interesting for us to know how AEMO integrates RE in the electricity market, particularly on the dispatch treatment of RE Facilities, intermittent technologies and ancillary services requirement, and how these will impact on the transmission facilities,” said Secretary Petilla.

The AEMO manages the Australian National Electricity and Gas Markets, performing critical functions as the market operation, system operation, gas markets operation, and national transmission planning.

DOE Secretary Carlos Jericho Petilla, alongside PEMC and ERC representatives, leads the delegation.