advisories & notices

The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to IEMOP’s Proposed Abolishment of Relevant WESM Manuals in View of the Implementation of Enhanced WESM Design and Operations (ORCP-WM-20-02).

In view of the new market manuals for the implementation of WESM design enhancements, relevant existing WESM Manuals are proposed to be abolished since these were consolidated in the new manuals or will not be applicable anymore under the new design. The market manuals proposed to be terminated are as follows: 

1. Methodology for Determining Pricing Errors and Price Substitution due to Congestion for Energy Transactions in the WESM Issue 4.0;
2. Segregation of Line Rental Trading Amounts Issue 1.0;
3. Procedures for Start Up and Shutdown of Generators Issue 1.0;
4. Criteria and Guidelines for the Issuance of Pricing Error Notices and Conduct of Market Re-Run Issue 1.0;
5. Procedure for Determining Ex-Post Nodal Energy Prices Issue 2.0;
6. Management of Net Settlement Surplus Issue 3.0; and
7. Administered Price Determination Methodology Issue 6.0

You may click the links below to download the discussion paper of the proposed amendments: 

• ORCP-WM-20-02 (Discussion Paper only, no Matrix of proposed changes)
• Rules Change Commenting Form

Kindly submit your comments by courier and by e-mail in Word format (.doc or .docx) no later than 08 April 2020 or 30 working days from the date of publication (26 February 2020). Please write your comments in the relevant matrices.

Please send your comments to the Rules Change Committee (RCC), c/o PEMC-Market Assessment Group (MAG) at the 18/F Robinsons Equitable Tower, ADB Ave., Ortigas Center, Pasig City, or through e-mail at rcc@wesm.ph and mag_rrd@wesm.ph.

Thank you.