Department Circular No. DC2024-01-0005

Adopting Further Amendments to the Wholesale Electricity Spot Market (WESM) Rules and WESM Manual on Procedures for the Monitoring of the Forecast Accuracy Standard (FAS) for Must-Dispatch Generating Units

WHEREAS, Section 30 and 37(f) of Republic Act(RA) No. 9136 or the Electric Power Industry Reform Act (EPIRA) provide that the Department of Energy (DOE), jointly with the electric power industry participants, shall formulate the detailed rules for the WESM, and for governing its operations;

Date of Publication/Newspaper: 

  • January 29, 2024 Business World
  • January 29, 2024 Daily Tribune
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