Published
By Myrna M.Velasco
The Department of
Energy (DOE) has laid down at least six conditions for it to firm up its
go-signal on the establishment of the propounded Wholesale Electricity Spot
Market (WESM) in Mindanao grid as targeted around June this year.
These required
parameters delve with: the setting up of systems and procedures; trial
operations program (TOP); operationalization of the spot market; trainings for
WESM-Mindanao participants; approval of the price determination methodology
(PDM) by the Energy Regulatory Commission (ERC); and the certification of the
new market management system (NMMS) or the more advanced trading platform of
the WESM.
On systems and
procedures, the energy department explained that this will entail setting in
place the operational link between the market operator Independent Electricity
Market Operator of the Philippines (IEMOP) to that of system operator National
Grid Corporation of the Philippines (NGCP).
The IEMOP takes charge of the overall trading activities of the WESM, but that
has to be supported by the dispatch call and protocol of system operator NGCP.
The trials for WESM Mindanao on this sphere are on-going.
As reported to the DOE,
“existing meters have been reprogrammed from 15 minutes to five-minute interval
configuration.”
At the same time, it
was noted that Mindanao grid has been integrated to the market network model
underpinning the spot market – and has also passed consistency tests.
On the mandated trial
operations program, the energy department indicated that “83 percent of the
trading participants have already registered to the TOP.”
“There are trading
participants yet to be registered,” the department said, while qualifying that
“there is an increase in the number of trading participants with access to the
new market management system.”
On the spot market’s operationalization in Mindanao grid, the DOE emphasized
that the current set of WESM rules will be sufficient, primarily those required
on “forecasting, scheduling, dispatch, pricing and metering processes.”
Relative to that, the
DOE declared that it is now drafting “an advisory to WESM Mindanao participants
to guide them in the transition to the commercial operations.”
The concretization of a
spot market in Mindanao is seen most beneficial when the country’s three power
grids are already functionally and physically linked up with the completion of
the Mindanao-Visayas Interconnection Project in year 2020.
No comments:
Post a Comment