| Tue, 28 Sep 2021

advisories & notices

Advisories & Notices
Call for Comments for the Proposed Revisions to the PEM Board-Approved Amendments to Clarify Bilateral Contracts Accounted for in Settlements (ORCP-WM-20-03A)
Fri, 23 Apr 2021
 

The Rules Change Committee (RCC) is inviting all WESM Members and interested parties to submit comments to the Proposed Revisions to the PEM Board-Approved Amendments to Clarify Bilateral Contracts Accounted for in Settlements (ORCP-WM-20-03A).

 

The original proposal was submitted to the RCC on 17 February 2020 and intended to eliminate the involuntary sharing of commercially sensitive information by allowing the bilateral contract transactions between the following entities to be accounted for in settlements in the WESM:

 
  1. transactions between a Retail Electricity Supplier and its Direct WESM Member Contestable Customer, and
  2. transactions between two Generation Companies for purchase of replacement power.
 

The proposal has since undergone the rules change process, as follows:

 

RCC Approval

PEM Board Approval

Endorsement to DOE

21 May 2020

27 May 2020

09 June 2020

RCC Resolution No. 2020-09

PEM Board Resolution No. 2020-24-07

--

 

 

On 17 March 2021, the DOE recommended to further revise the proposal to provide clear limitation on the scope relative to the replacement power provision of a generator company to another. The proposal was accordingly revised and is herein being re-posted for comments.

 

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

 

ORCP-WM-20-03A – 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 07 June 2021 or 30 working days from the date of publication (23 April 2021).

 

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