| Thu, 01 Dec 2022

news

News
PEMC honors market participant compliance in the WCO Summit 2022
Wed, 02 Nov 2022

The Philippine Electricity Market Corporation (PEMC) recently hosted the annual Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2022, which was a blend of virtual learning and in-person gathering. 

This year’s WCO Summit highlights the need to “build a resilient and sustainable culture of proactive compliance in the post-pandemic era,” said PEMC Chief Governance Officer Elvin Hayes E. Nidea in his opening remarks during the two (2)-day event with the theme “Proactive Compliance in the Post-Pandemic Landscape.”

Much like the online events held for the past two (2) years, this year’s WCO Summit included a mix of compliance-related videos and live presentations on the details of the recently launched WCO Certification Program, the implementation of the new Penalty Manual and the administration of the enforcement and compliance process under the Enhanced WESM Design and Operations (EWDO) regime.

The conference also included feature presentations on the 97-MW Avion open-cycle natural gas-fired peaking plant owned by First Gen’s Prime Meridian Powergen Corporation, as well as the WESM Compliance Programs of several generator and load market participants.

“Compliance is not only the concern of PEMC as the WESM’s governance arm, but also all regulating agencies for the power industry, including the ERC, and even all concerned sectors in the economy,” stated Chairperson Monalisa Dimalanta of the Energy Regulatory Commission (ERC) in her keynote address.

Since the launch of the WCO Summit in 2019, exemplary performance in compliance have been awarded to generator market participants. 

“Our market participants have our full support towards building and attaining a culture of compliance and we hope that we will continue engaging more participants towards this end,” said PEM Board Chairman Noel V. Aboboto. 

The WCO Summit 2022 Awards recognized generator market participants’ commitment to fulfilling their obligations in offering their maximum available capacity and their compliance to their real-time schedule instructions. This covered the period January to June 2022 and is based on WESM generator classification (biomass, coal-fired, geothermal, hydroelectric, natural gas, and oil-based).
 

COMPLIANCE WITH THE MUST OFFER RULE, THE RULE ON NOMINATION OF PROJECTED OUTPUTS, AND THE REAL-TIME DISPATCH SCHEDULE

WESM Generator Classification

Rank

Company Name

Facility Name

Biomass

1st

Pangea Green Energy Philippines, Inc.

PGEP Biogas Plant

2nd

Grass Gold Renewable Energy Corporation

12 MW Biomass Power Plant

3rd

Cagayan Biomass Energy Corporation

15.00 MW Biomass Power Plant

Coal

1st

Cebu Energy Development Corporation

CEDC Coal-Fired Thermal Power Plant

2nd

Therma Luzon, Inc.

Pagbilao Coal-Fired Power Plant

3rd

KEPCO SPC Power Corporation

KSPC Coal Fired Thermal Power Plant

Geothermal

1st

Green Core Geothermal, Inc.

Tongonan Geothermal Power Plant

2nd

Energy Development Corporation

Nasulo Geothermal Power Plant

3rd

AP Renewables Inc.

Tiwi Geothermal Power Plant

Hydro

1st

SN Aboitiz Power – Benguet, Inc.

Binga Hydroelectric Power Plant

2nd

SN Aboitiz Power – Benguet, Inc.

Ambuklao Hydroelectric Power Plant

3rd

Angat Hydropower Corporation

Angat Hydroelectric Power Plant

Natural Gas

1st

First Gas Power Corporation

Sta. Rita Combined-Cycle Power Plant

2nd

First NatGas Power Corp.

San Gabriel Combined-Cycle Power Plant

3rd

FGP Corporation

San Lorenzo Combined-Cycle Power Plant

Oil-Based

1st

Ingrid Power Holdings, Inc.

Pililia Diesel Power Plant

2nd

SPC Island Power Corporation

Panay Diesel Power Plant 1

3rd

Panay Power Corporation

Nabas Diesel Power Plant

 

NON-SCHEDULED GENERATORS

Rank

Company Name

Facility Name

1st

Amlan Hydroelectric Power Corporation

Amlan Hydroelectric Power Plant

2nd

SN Aboitiz Power – Magat, Inc.

Maris Canal Hydroelectric Power Plant

3rd

Asian Carbon Neutral Power Corp.

ACNPC Tarlac Biomass Plant

 

For the second year, PEMC recognized the Metering Services Providers (MSP) on their performance based on service delivery performance measures: Daily Meter Data Delivery, Timeliness and Percentage Resolution to the Daily Meter Trouble Report, Integrity of Meter Data, Timeliness of Monthly Meter Data Delivery, and Timeliness and Percentage Resolution to the Monthly Meter Trouble Report. 

The following MSPs were recognized for gaining passing annual average overall performance ratings for the period 26 June 2021 to 25 June 2022.
 

Metering Services Provider

Award

Nueva Ecija I Electric Cooperative, Inc.

Top MSP Performer, with Distinction

Cabanatuan Electric Corporation

Top MSP Performer, with Distinction

Leyte V Electric Cooperative, Inc.

Top MSP Performer, with Distinction

Balamban Enerzone Corporation

Top MSP Performer, with Distinction

Batangas I Electric Cooperative, Inc.

Top MSP Performer, with Distinction

Manila Electric Company

Top MSP Performer

Cagayan 1 Electric Cooperative, Inc. MSP

Top MSP Performer

Iloilo II Electric Cooperative, Inc.

Top MSP Performer

Pampanga III Electric Cooperative, Inc.

Top MSP Performer

National Grid Corporation of the Philippines

Top MSP Performer

Pampanga I Electric Cooperative, Inc.

Special recognition

Tarlac Electric, Inc.

Special recognition

Nueva Ecija II Area 1 Electric Cooperative, Inc.

Special recognition

Pangasinan III Electric Cooperative, Inc.

Special recognition

Negros Oriental II Electric Cooperative, Inc.

Special recognition

Mactan Electric Company, Inc.

Special recognition

Mactan Enerzone Corporation

Special recognition

Batangas II Electric Cooperative, Inc.

Special recognition

Pampanga II Electric Cooperative, Inc.

Special recognition

Aklan Electric Cooperative, Inc.

Special recognition

Clark Electric Distribution Corporation

Special recognition

Peninsula Electric Cooperative, Inc.

Special recognition

Tarlac II Electric Cooperative, Inc.

Special recognition

 

The Top MSP Performer, with Distinction award was given to MSPs that have consistently garnered passing ratings in all performance categories for all billing months during the covered period. Meanwhile, the Top MSP Performer award was given to MSPs that may have had a failing rating for some performance categories, but still garnered an overall passing rating for all billing months during the covered period.

Special recognition was given to MSPs that may have had a failing overall rating for some billing months, but still have a passing annual average overall rating during the covered period.

“This annual conference is not only a celebration of excellence in compliance, but also an opportunity for WESM participants to be inspired in developing their respective compliance programs,” said Nidea.


 

PEMC in the News