The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to the PEM Board-approved Proposed General Amendments to the WESM Rules and WESM Manual on Procedures for the Monitoring of Forecast Accuracy Standards for Must Dispatch Generating Units (FAS Manual) on Matters Relating to Enforcement Proceedings and Actions (ORCP-WR-WM-22-12).
The proposed amendments seek to:
The WESM documents for amendments are:
BACKGROUND:
The proposed amendments were originally initiated by PEMC on 10 November 2022 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 14 November 2022, and approved it on 18 November 2022.
Activity |
Date |
RCC Approval |
18 November 2022 |
PEM Board Approval |
23 November 2022 |
Effectivity Date of Revised Rules and Manuals |
25 November 2022 |
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.
DOCUMENTS:
Provided below are the relevant materials for your reference:
Kindly submit your comments (in Word format) through the File a Submission page no later than 27 January 2023or 30 working days from the date of publication (14 December 2022). Please input in the proper field the e-mail address of your point person(s) with whom we could further contact regarding activities related to the processing of the proposal.
Kindly direct any questions and clarifications to mag_rrd@wesm.ph. Thank you.
For the Rules Change Committee,
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