rules change

The Philippine Electricity Market Corporation's (PEMC) Proposed Amendments to the WESM Rules and WESM Manuals on Penalty, and Enforcement and Compliance aim to:

A. On Penalty

1. Transfer the responsibility to collect penalties from the Market Operator to the WESM Governance Arm;
2. Change the provisions regarding utilization of penalty collected; and
3. Change the timeline for the implementation of the enforcement sanction (exhaustion of remedies before penalty collection).

B. On Enforcement and Compliance

1. Transfer all provisions relating to enforcement remedies, i.e., Request for Reconsideration and Appeal proceedings, from the Penalty Manual to Enforcement and Compliance Manual;
2. Change the timeline for response to non-compliance notice and issuance of the compliance monitoring and assessment report; and
3. Include provisions or revision to provide clarity on the need for verification of the request for investigation, report of probable breach, and directive or order to investigate as pre-requisite to the issuance of the notice of investigation.