| News and Events |
- PEMC initiates WESM Visayas Trial Operation Program
- PEMC enhances governance with updated roster of officers
- PEMC clarifies WESM impact on Meralco rates
- PEMC releases preliminary March market prices
- PEMC releases final January market prices
- PEMC supports Earth Hour 2010
- PEMC ready to run Electricity Reserve Market as soon as ERC gives go-ahead
- PEMC and NEA empower Electric Cooperatives
- PEMC holds WESM Participants’ Consultation Meeting on Independent Operational Audit
- DOE and PEMC finalize selection process for independent auditor
- 3rd WESM Annual Participants’ Meeting: Highlights in the last 12 Months of Operations
- PEM Board reconstituted to reflect equitable representation in preparation for IMO
- Former DOE Undersecretary Melinda L. Ocampo is new appointed PEMC Acting President
- Former DOE Undersecretary Melinda L. Ocampo is new appointed PEMC Acting President
- PEM Board approves Consumer Education Fund Availment Guidelines
| News Archives |
PEMC ready to run Electricity Reserve Market as soon as ERC gives go-ahead
Spot market administrator waiting for ERC ok for 8 months
After more than eight (8) months from the time the Philippine Electricity Market Corporation (PEMC) originally filed a Motion for Approval of Phase-In Implementation of WESM Pricing and Cost Recovery Mechanism for Reserves in June 2009, the Energy Regulatory Commission (ERC) has yet to comment on or approve the said motion.
PEMC filed the Motion with the Commission to approve