| Mon, 06 Jul 2020

PREMS

Market Development
Philippine Renewable Energy Market System (PREMS)

The Philippine Renewable Energy Market System (PREMS) is an enterprise-grade system that will automate the main functions of the RE Registrar.

 

PREMS handles the registration of the Mandated and Generating Participants, and General Participants. The system manages the calculation, allocation, and issuance of Renewable Energy Certificate (REC). It is also in charge of the participants’ Renewable Portfolio Standards (RPS) Compliance and Report Management.