| 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 enhances governance with updated roster of officers
The Philippine Electricity Market Corporation’s (PEMC) roster of officers was recently reconstituted to further improve governance of the Wholesale Electricity Spot Market (WESM). This is in preparation for the transfer of operations to an Independent Market Operator (IMO).
“PEMC is ensuring that appropriate mechanisms are in place for the proper governance of the WESM,” said PEMC President Melinda L. Ocampo. “Governance of the WESM is especially vital now that we are preparing for the smooth transition into the IMO in the very near future,” emphasized Ocampo.
The new officers as approved by the PEM Board on 24 June 2010 are:
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Corporate Planning and Communications
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Mario R. Pangilinan
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Corporate Secretary
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Claudette G. Ubaldo
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Corporate Treasurer / Corporate Services
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Medardo T. Nunez
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Enforcement and Compliance Office
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Sheila P. Ingco
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Information System and Technology
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Carlito C. Claudio
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Internal Audit
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Ma. Nerissa A. Cordoba
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Legal
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Criselda S. Martin-Funelas
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Market Assessment
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Chrysanthus S. Heruela
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Trading Operations
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Jesusito H. Sulit
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“These are very exciting and promising times at PEMC. We look forward to an improved PEMC governance team and ensuring a better and brighter future for the power industry and the country,” said Ocampo.