Under the RE Act, the DOE is mandated to establish the REM through supervising the integration of the operation of the REM under the WESM. The DOE will also promulgate the REM Rules and REM Manuals, and approve amendments on the REM Rules. The DOE is further empowered to impose administrative fines and penalties for any violation of the provisions of the RE Act, its IRR and other issuances relative to the same.
REM operations will be supervised and monitored by the REM Governance Committee (RGC). The RGC will also take the lead in the review, approval, and endorsement, through the PEM Board, of proposed rules and manuals changes to the DOE. The other governance functions such as market audit and dispute resolution will be covered by the existing governance committees for the WESM. The RGC will also have the authority to impose sanctions on REM Members if the breach of the REM Rules was proven through an investigation carried out by the Enforcement and Compliance Office (ECO) of PEMC.

CURRENT MEMBERS OF THE REM GOVERNANCE COMMITTEE
INDEPENDENT MEMBER
Antero Jose M. Caganda - Chairperson
Managing Partner
Gruba Law
RE REGISTRAR REPRESENTATIVE
Robinson P. Descanzo
Chief Operating Officer
Independent Electricity Market Operator of the Philippines (IEMOP)
PRIVATE DISTRIBUTION UTILITY REPRESENTATIVES
Lawrence S. Fernandez (Principal)
Vice President & Head, Utility Economics
Manila Electric Company (MERALCO)
Dennis S. Verallo (Alternate)
Senior Assistant Vice President for Utility Economics
Visayan Electric Company
ELECTRIC COOPERATIVE REPRESENTATIVE
Rene M. Fajilagutan (Principal)
General Manager
Romblon Electric Cooperative, Inc. (ROMELCO)
Cristopher A. Dulfo (Alternate)
General Manager
Bukidnon II Electric Cooperative, Inc. (BUSECO)
RETAIL ELECTRICITY SUPPLIER (RES) REPRESENTATIVES
Jose Rommel Orillaza (Principal)
President
Kratos RES, Inc.
REM GENERATOR (5MW and above) REPRESENTATIVES
Anne Estorco-Montelibano (Principal)
President and Executive Director
Philippine Independent Power Producers Association, Inc. (PIPPA)
Christopher Kenneth Balabbo (Alternate)
Head, Power Economics and Tradings
First Gen Corporation
REM GENERATOR (5MW below) REPRESENTATIVES
Maria Theresa Capellan (Principal)
President and CEO
SunAsia Energy, Inc. and Philippine Solar and Storage Energy Alliance (PSSEA)
Jose M. Layug (Alternate)
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