We had preliminary coordination with the DOE, Energy Regulatory Commission (ERC), and the National Grid Corporation of the Philippines (NGCP) to ensure the seamless deployment of the improved market layout and operations. We could be conserving numerous data drives for our WESM contributors and relevant stakeholders to engage them on this market milestone,” said Ocampo.
The amended WESM rules may be used for the development of the new IT infrastructure and improvements in design, and will be in effect upon the approval of the market manuals via the DOE and pricing-related methodologies by using the ERC.
Money frog blog 