Creating a Special Task Force to Assess the Performance of the Wholesale Electricity Spot Market (WESM) under the Governance of PEMC and Operations of the IMO
WHEREAS, Section 37 of Republic Act No. 9136, otherwise known as the "Electric Power Industry Reform Act of 2001 (EPIRA)" mandates the DOE to supervise the restructuring of the electric power industry and to among others, establish the wholesale electricity spot market and formulate the detailed rules govering the operations thereof;