Published
By Myrna M. Velasco
The Department of
Energy (DOE) is pushing for the creation of a transition committee of
overwhelming nine-man membership for the Wholesale Electricity Spot Market
(WESM) in Mindanao.
The department has also
prescribed the selection process of the individuals that shall comprise the
southern spot market’s transition committee.
Although it is rather a
small market compared to the interconnected Luzon and Visayas markets, the
proposed transition committee will be sizeable compared to the five-man team at
the Manila-based Philippine Electricity Market Corporation.
According to the DOE,
the Mindanao-WESM transition committee shall have one representative from the
electric cooperatives, one representative from the private distribution
utilities, one representative from the embedded generators, one representative
from the conventional grid-connected generators, one representative from the RE
grid-connected generators, two representatives from the independent sector, one
representative from the market operator, and one representative from the
Mindanao System Operator.
As stipulated by the
energy department, the transition committee shall “oversee and monitor the
development of the WESM in Mindanao;” oversee and monitor the activities of the
MO (market operator), the Mindanao system operator “with regard to the WESM
processes as implemented in Mindanao to ensure that they fulfill their
responsibilities under the WESM Rules.”
Additionally, the
committee shall have oversight and must also monitor the activities of Mindanao
WESM members “to ascertain and determine compliance or non-compliance” with the
spot market rules. Part of the committee’s mandate shall also cover setting
requirements on WESM members and the system operator “to submit information as
maybe necessary to fulfill its mandate.”
It shall be in charge
of reporting “any suspected incidents or non-compliance with the WESM Rules to
the Enforcement and Compliance Officer (ECO) for investigation.”
The WESM transition
body shall likewise “issue rules change proposals through resolutions to the
rules change committee.” Added mandate will further cover issuance of policy
recommendations through resolutions and report regular updates on any matter
related to WESM in Mindanao to the PEM Board.
WESM Mindanao was
launched June last year, but its commercial operations would only be targeted
after a year following the requisite trial operations period of trading for
market participants.
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