The proposed amendments seek to further revise the WESM Manual on Ancillary Services Monitoring related to the criteria and formulas relating to compliance with Reserve Conformance Standards (RCS), basis of the ASPs in submiiting the Request for Reassessment with Notice of Claim, Responsibilities of the MO, the WESM Governance Arm, and the SO regarding data provision, flagging, determination, and reporting of breach, and timeline of the completion, consolidation, and submission of reports/results.
BACKGROUND:
The proposed amendments were originally initiated by PEMC on 13 August 2024 by way of the rules change process for urgent amendments. Following the procedures for processing urgent proposals set forth in Section 7 of the Rules Change Manual, the RCC certified the proposal as urgent, immediately deliberated on the proposal on 16 August 2024, and approved it on 22 August 2024.
Activity |
Date |
RCC Approval |
22 August 2024 |
PEM Board Approval |
28 August 2024 |
Effectivity Date of Revised Rules and Manuals |
30 August 2024 |
The urgent amendments shall remain in effect up to 6 months or until a general amendment on the same matter has been approved by the DOE and becomes continuously in effect, whichever comes first. The updated market rules and manuals could be accessed in this webpage.
WESM Manual on Ancillary Services Monitoring
ORCP-WM-24-06 - Matrix of Proposed Amendments in Annexes A and B
References:
Commenting Period: 06 September 2024 to 18 October 2024
Comments received from:
1.) Aboitiz Power Corporation (APC)
2.) ACEN Corporation
3.) Millenium Energy Inc. - Panasia Energy Inc.(MEI-PEI)
4.) MERALCO
5.) Market Surveillance Committee (MSC)
6.) National Grid Corporation of the Philippines (NGCP)
8.) SPC Power Corporation / SPC Island Power Corporation (SPC/SIPC)
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