PEMC partners with NGCP in launching WESM Mindanao

Following the lead of the Department of Energy (DOE) in the establishment of a wholesale electricity spot market (WESM) in Mindanao, the Philippine Electricity Market Corporation (PEMC), in partnership with the National Grid Corporation of the Philippines (NGCP), supports the conduct of public consultations in key cities in Mindanao.

In the draft DOE circular on the establishment of WESM Mindanao, PEMC as the designated market operator, is tasked to ensure the readiness of all Mindanao electricity players by conducting trainings and trial operations on February 26 with market participants joining by March 24, and June 26 set as the target launch date.