The Department of Energy (DOE), in the exercise of its mandate under the Republic Act No. 9136 otherwise known as Electric Power Industry Reform Act (EPIRA) of 2001, enjoins the stakeholders to participate in the conduct of the Public Consultation on the Proposed Amendments to the WESM Rules and Market Manuals Related to Market Surveillance, Enforcement and Compliance.
The activity shall be conducted to seek inputs and recommendation from the public. The proposed amendments to be discussed/deliberated are the following:
- WESM Rules;
- Enforcement and Compliance Manual;
- Market Surveillance Manual; and
- Penalty Manual Issue 2.0 Department Circulars
The following are the reference materials for the above-mentioned Public Consultation:
Reference Materials:
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- Annex A - Enforcement and Compliance Issue No. 1.0
- Annex B - Market Surveillance Manual Issue 4.0
- Annex C - PEM Audit Market Manual Issue 3.0
- Annex D - Constitution of the WESM Governance and Board Committees Issue 3.0
- Annex E - Technical Committee Market Manual Issue 3.0
- Annex F - Catalogue of Market Monitoring Data and Indices Issue 2.0
Please click here to download the complete Reference Materials: DC MC ECO / Draft DC Penalty
All interested parties may send their comments/recommendations until 12:00 noon, 08 February 2019 through pmdd.depdms@gmail.com or fax at 840-1773 with the format provided. [Format of Comments/Recommendations]
Presentation Materials:
a. Wholesale Electricity Spot Market Overview
b. Introduction to the Rules Change Procedures
c. Proposed Amendments to the WESM Rules and Market Manuals
d. Proposed Penalty Manual