| Mon, 23 May 2022

advisories & notices

Advisories & Notices
Call for Comments to the Proposed Amendments to the WESM Manuals to Include Pricing Error Notice Event as Pricing Condition Category for Claiming Additional Compensation (ORCP-WM-22-01)
Wed, 26 Jan 2022

 

The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to Panasia Energy, Inc’s Proposed Amendments to the WESM Manuals to Include Pricing Error Notice Event as Pricing Condition Category for Claiming Additional Compensation (ORCP-WM-22-01). The proposal aims to provide additional compensation to qualified Trading Participants whose generating units were scheduled and dispatched in dispatch intervals in which a pricing error notice was issued and a market pricing re-rerun was performed by the Market Operator.

 

The WESM documents for amendment are:

  1. WESM Manual on Price Determination Methodology; and
  2. WESM Manual on Billing and Settlement

 

You may click the links below or in the rules change proposals webpage to download a copy of the discussion paper and matrix of the proposed amendments:

 

Kindly submit your comments (in Word format) by e-mail atmag_rrd@wesm.ph no later than 10 March 2022or 30 working days from the date of publication (25 January 2022).

Thank you.

 

Rules Review Division
Market Assessment Group
Philippine Electricity Market Corporation
+632 8631 8734 local 244 | mag_rrd@wesm.ph | www.wesm.ph
18F Robinsons Equitable Tower, ADB Avenue, Ortigas Center, Pasig City 1600, Philippines