| Thu, 01 Oct 2020

advisories & notices

Advisories & Notices
Call for Comments for the Proposed Amendments to the WESM Manual on Billing and Settlement regarding Bilateral Contract Quantity Declaration (ORCP-WM-20-11)
Wed, 22 Jul 2020

 

The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to Pagbilao Energy Corporation’s Proposed Amendments to the WESM Manual on Billing and Settlement regarding Bilateral Contract Quantity Declaration (ORCP-WM-20-11).

The proposal seeks to provide procedures covering instances of non-submission, non-confirmation and nullification by the Trading Participant of bilateral contract quantities, all resulting to bilateral contract declarations not being accounted during settlement. The proposal intends to amend the version of the WESM Manual on Billing and Settlement for enhanced market design (i.e., Issue 6.1).

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

(Please write your comments in the proper columns in the matrix and accomplish the RCC Form 4.)

 

Kindly submit your comments (in Word format) and the RCC Form 4 (in .pdf format) by e-mail at mag_rrd@wesm.ph no later than 04 September 2020 or 30 working days from the date of publication (21 July 2020).

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