Department Circular No. DC2022-03-0003

Adopting Further Amendments to the Wholesale Electricity Spot Market (WESM) Rules and Its Market Manual on Billing and Settlement for the Implementation of Enhancements to WESM Design and Operations (Provisions for Prudential Requirements)


WHEREAS, Section 30 and 37(f) of the Electric Power Industry Reform Act (EPIRA) provides that the DOE, jointly with electric power industry participants, shall establish the Wholesale Electricity Spot Market (WESM) and formulate the detailed rules governing the operations thereof;

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Published at: Business World and Daily Tribune

Date Published [mm/dd/yyyy]: 04/06/2022