| Sat, 27 Apr 2024

advisories & notices

Advisories & Notices
REM ADVISORY: Re-issuance of January 2018 Renewable Energy Certificates (RECs) for the Non-FiT Compliance Mechanism and Issuance Schedule
Tue, 19 Oct 2021

Dear REM Participants,

Please be advised that the RE Registrar has already re- issued the RECs for Non- FiT Compliance Mechanism (i. e. RE generation under Power Supply Agreement and sold in the WESM) corresponding to the January 2018 Billing Period.

REM Participants (i.e. Distribution Utilities and RES with contracts with RPS Eligible RE Facilities and Non-FiT RE Generators) with issued RECs for the said period are requested to submit the accomplished REC Validation Form using the prescribed template on or before 27 October 2021, 05:00 PM.

Please refer below for the timeline of activities relative to REC Validation and Issuance of Non- FiT Compliance Mechanism for January 2018:

Schedule

Activities

19 – 27 October 2021

  • Validation of issued RECs by Participants (i.e. Distribution Utilities and RES with contracts with RPS Eligible RE Facilities and Non-FiT RE Generators)

27 October 2021, 5PM

  • Deadline for submission of Validation Forms via SFTP or email at reregistrar@wesm.ph.
  • Please note that non-submission of the REC Validation Form on the said deadline shall be considered as confirmation of the RECs issued to your company/organization for the subject billing period, per DOE directive.

Within 28-29 October 2021

  • RER will notify participants via email that the RECs issued for the subject billing month are final

To validate the RECs issued to your company/organization, please log-in to your respective Philippine Renewable Energy Market System (PREMS) account. Please be advised that the REC Issuance Validation Form shall be submitted to the REM participant who receives the REC (i.e. Distribution Utilities and RES with contracts with RPS Eligible RE Facilities and Non-FiT RE Generators). On the other hand, if your company did not receive any RECs for the subject billing period, you are not required to submit the form.

For your reference in validating your issued RECs, you may also view/download the following documents via the PEMC website thru these links PREMS | Philippine Electricity Market Corporation (wesm.ph) and RE Certificate Validation Process | Philippine Electricity Market Corporation (wesm.ph):

    1. PREMS User Manual;

    2. REC Validation Guide;

    3. REC Validation Template; and

    4. SFTP Work Instruction

Further, may we refer you to the target Timeline of Activities below for the issuance of RECs under the Non-FiT Compliance Mechanism for the succeeding billing periods:

Subject Billing Period

Date

Activities

February and March 2018

04 November 2021

Issuance of RECs

08 – 17 November 2021

Validation of issued RECs by  Participants

17 November 2021, 5:00PM

Deadline for submission of Validation Forms

April, May, and June 2018

19 November 2021

Issuance of RECs

22 November – 01 December 2021

Validation of issued RECs by Participants

01 December 2021, 5:00PM

Deadline for submission of Validation Forms

July, August, and September 2018

03 December 2021

Issuance of RECs

06 – 14 December 2021

Validation of issued RECs by Participants

14 December 2021, 5:00PM

Deadline for submission of Validation Forms

October, November, and December 2018

17 December 2021

Issuance of RECs

20 December 2021 – 07 January 2022

Validation of issued RECs by Participants

07 January 2022, 5:00PM

Deadline for submission of Validation Forms

 

Should you have concerns or questions regarding this advisory, please send an email to reregistrar@wesm.ph or contact the following REM Specialists:

Membership Category

RER Personnel In- Charge

Contact Number

DUs and RES

Ms. Marie Liezelle E. Macabenta

0939 927 7404

REM Generators and Generators serving DCCs

Mr. Marlo S. Delizo

Mr. Aldrin W. Reyes

0936 304 2117

0949 452 7743

 

You may download a copy of this advisory through this link.

Thank you.