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Market Rules And Manuals
Title Description Date Published File Type Size
Billing and Settlement Issue 6.2 This document contains the concept, flowchart and procedural steps in the preparation of settlement statement, payment of settlement amount, prudential requirements and suspension. [Last updated: 28 April 2021] 29 Apr 2021 PDF 466 KB
Market Operator Information Disclosure and Confidentiality Manual Issue 5.1 This manual presents the guidelines & procedures for the disclosure and protection of information received or generated by the arising from or in the course of the performance of its functions of operating the WESM [PEM Board Reso 2021-34-09, 31 Mar 2021] 31 Mar 2021 PDF 171 KB
Market Network Model Development and Maintenance - Criteria and Procedures Issue 4.3 This document describes the processes involved in the development, approval, publication and revision of the WESM market network model. [Last updated per PEM Board Resolution No. 2021-34-09 dated 31 March 2021] 31 Mar 2021 PDF 228 KB
Registration, Suspension and De-Registration Criteria and Procedures Issue 5.4 This manual presents the criteria, guidelines and procedures for the registration, suspension and de-registration of members and participants in the WESM. [Last updated per PEM Board Resolution No. 2021-34-09 dated 31 March 2021] 31 Mar 2021 PDF 375 KB
Dispatch Protocol Issue No. 13.3 This document covers the timetable and procedures on dispatch scheduling and implementation in the WESM. [Last updated per PEM Board Resolution No. 2021-34-09 dated 31 March 2021] 31 Mar 2021 PDF 2 MB
WESM Rules (Enhanced WESM Design) WESM Rules (Unofficial) as of 31 March 2021 per PEM Board Resolution No. 2021-34-09 (31 March 2021) approving the urgent amendments to the WESM Rules on enhancements to Market Operator and System Operator Procedures 31 Mar 2021 PDF 2 MB
Protocol for Central Scheduling and Dispatch of Energy and Reserves Issue 1.0 This document describes the processes involved in the central scheduling of energy and reserve capacities through the WESM. 29 Apr 2020 PDF 688 KB
Price Determination Methodology Issue 2.0 This manual provides the mechanism for determining the prices and settlements in the Philippine Wholesale Electricity Spot Market. 23 Jul 2018 PDF 2 MB
Metering Standards and Procedures Issue 12.0 This document covers the development, validation, approval, publication and revision of the WESM Metering Manual. 04 Jul 2018 PDF 3 MB
Load Forecasting Methodology Issue No. 3.0 This Market Manual sets out the procedures for determining load forecast used in the relevant market runs in the Philippine Wholesale Electricity Spot Market. 03 May 2018 PDF 946 KB
Retail Metering Standards and Procedures 3.0 This manual presents the metering procedures and standards for the Retail Market. 28 Mar 2018 PDF 909 KB
Retail Rules Rules for Integration of Retail Competition in the Wholesale Electricity Spot Market. 28 Mar 2018 PDF 555 KB
Constraint Violation Coefficients (CVC) and Pricing Re-runs Issue 6.0 This manual provides the Constraint Violation Coefficients to be used by the Market Dispatch Optimization Model, as well as the Market Pricing Re-runs involved to correct prices in cases where constraint violations or pricing errors occur. 28 Mar 2018 PDF 530 KB