WHEREAS, pursuant to Section 30 of the Electric Power Industry Reform Act, mandating the Department of Energy ("DOE") to establish the Wholesale Electricity Spot Market ("WESM"), the DOE has determined the need to constitute an Implementation Steering Committee for WESM to integrate closely and coordinate various efforts of the Philippine Electricity Market Corporation ("PEMC"), TRANSCO - Market Operations Unit ("Transco-MO") and the TRANSCO Systems Operations Unit ("Transco-SO"), as well as the WESM-Technical Working Group and its Subcommittees, towards the implementation of the WESM .