| Sun, 22 Dec 2024
rules change
Market Governance
Must-Offer Rule
Overview
The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to GNPower Kauswagan Ltd. Co's Proposed Amendments to the WESM Rules and WESM Manual on Dispatch Protocol regarding Must-Offer Rule (ORCP-WR-WM-24-02).
The proposed amendments aim to:
- have a clearer limitation of the MOR when the physical conditions of the facility will be at risk;
- provide guidance when offering/bidding or revising/updating of offers, which should be consider the stability of the units; and
- include other technical limitations, and/or conditions in revising/updating offers that are not yet covered in the existing rules, and manuals
Market Rules and Manuals Affected
Documentation
- ORCP-WR-WM-24-02 Matrix of the Proposed Amendment (Please write your comments in the proper columns in the matrix.)
- ORCP-WR-WM-24-02 Discussion Paper
Kindly submit your comments (in Word format) through the File a Submission page no later than 06 August 2024 or 30 working days from the date of publication (26 June 2024). Please input in the proper field the e-mail address of your point person(s) who we could further contact regarding activities related to the processing of the proposal. All comments received shall be published in the PEMC website.
Comments received from:
- Aboitiz Power Corporation (APC)
- Independent Market Operator of the Philippines (IEMOP)
- Millenium Energy Inc. - Panasia Energy Inc.(MEI-PEI)
- Market Surveillance Committee (MSC)
- National Grid Corporation of the Philippines (NGCP)
- Philippine Electricty Market Corporation (PEMC)
- SN Aboitiz Power (SNAP)
- Technical Committee (TC)
PEMC Updates