THE process of turning over the electricity spot market to an independent operator as mandated by law is closer to being completed, with the Energy department announcing the names of its interim set of incorporators.

The incorporators, said Energy Secretary Alfonso Cusi, are former energy regulators Oscar Ala and Raul Tan, former Energy Regulator Commission (ERC) executive director Francis Saturnino Juan, Jose Mari Bigornia, Jose Layug, Ann Matibag who will be the chief of staff of the transition committee, and Carroll Tang.

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