Department Circular No. DC2021-11-0038

Amending Certain Provisions of Department Circular No. DC2021-03-0007 Entitled "Adopting Further Amendments to the WESM Rules and Market Manual on the Management of Net Settlement Surplus (Harmonization with ERC Resolution No. 07 Series of 2019"


WHEREAS, Section 30 and 37 (f) of the Electric Power Industry Reform Act (EPIRA) provides that the DOE, jointly with the 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]: 12/23/2021