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advisories & notices

Advisories & Notices
Call for Comments for the Proposed Amendments to the WESM Manual on Billing and Settlement regarding Calculation for Additional Compensation (ORCP- WM-22-06)
Wed, 22 Jun 2022

The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to the Independent Electricity Market Operator of the Philippines (IEMOP) Proposed Amendments to the WESM Manual on Billing and Settlement regarding Calculation for Additional Compensation (ORCP- WM-22-06). The proposal aims to:

 

  1. reflect the formula for the calculation of additional compensation amount and specify the recovery process for additional compensation across all claim categories based on the External Auditor’s recommendations from the (Supplemental) Audit of PDM-related Enhancements to NMMS and CRSS; and
  2. simplify the process in determining SO dispatch instructions during market intervention/suspension and include further condition on the calculation of quantity eligible for additional compensation during administered pricing.

 

You may click the link below or go to the proposal webpage to download a copy of the discussion paper and matrix of the proposed amendments:

 

ORCP-WM-22-06 – Discussion paper and matrix (Please write your comments in the proper columns in the matrix.)

 

Kindly submit your comments (in Word format) by e-mail at mag_rrd@wesm.ph no later than 02 August 2022 or 30 working days from the date of publication (21 June 2022).

 

Thank you.

 

 

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