Declaring The Launching Of The Wholesale Electricity Spot Market (WESM) In The Luzon Grid And The Terms And Conditions For The Commencement Of The Full Commercial Operations Of The WESM
Whereas, the Department of Energy (the "DOE") is mandated under Section 30 of Republic Act No. 9136, otherwise known as the "Electric Power Industry Reform Act of 2001" or "EPIRA", to establish the Wholesale Energy Spot Market (the "WESM") that would facilitate a transparent, competitive and reliable market for electricity.
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