Philippine Electricity Market Corporation

REM ADVISORY: Re-issuance of January 2018 Renewable Energy Certificates (REC) for the FiT Compliance Mechanism and FiT REC Validation Schedule

Thu, 09 Dec 2021

Dear REM Participants, Please be advised that the RE Registrar re- issued today, 9 December 2021, the REC under FiT Compliance Mechanism corresponding to the January 2018 Billing Period. REM Participants issued with RECs from...

Notice on the Availability of Market Monitoring and Compliance Reports

Tue, 07 Dec 2021

Good day! The recent market milestone transition to the Enhanced WESM Design and Operations (EWDO) has had its share of challenges to everyone involved. While PEMC's systems for market assessment and compliance monitoring for the...

PEMC inks agreement with Energy Transition Partners

Fri, 26 Nov 2021

PEMC inks agreement with Energy Transition Partners The Philippine Electricity Market Corporation (PEMC) and the United Nations Office for Project Services (UNOPS) through the Southeast Asian Energy Transition Partnership (ETP) held ...

ERC Directives for the High Prices in Negros and Panay Customers caused by the Damaged Cebu-Negros Submarine Cable

Wed, 17 Nov 2021

May we refer you below to the directives issued by the Energy Regulatory Commission (ERC) on 20 September 2021 for implementation in the WESM Billing and Settlement: 1. Stop the collection from customers, of congestion charges, and...

Call for Comments on the Draft Department Circular entitled "Declaring the Commercial Operation of the Wholesale Electricity Spot Market (WESM) in the Mindanao Grid."

Fri, 05 Nov 2021

The Department of Energy is hereby requesting all interested parties to submit comments on Draft Department Circular entitled "Declaring the Commercial Operation of the Wholesale Electricity Spot Market (WESM) in the Mindanao...

advisories & notices