Meta Data

Draft:

Revision of previous policy?:

Yes

Effective Start Year:

2010

Scope:

National

Document Type:

Other

Economic Sector:

Power

Energy Types:

Power

Issued by:

Department of Energy

Source:

Department of Energy

File:

Department Circular No. 2010-07-008 of 2010

Overall Summary:

The full title of the document "Department Circular No. 2010-07-008 Adopting Further Amendments to the WESM Rules". The Circular amends some of the clauses of the Wholesale Electricity Spot Market (WESM) Rules.

Full Document Text

Republic of the Philippines

^{_{DEPARTMENT OF ENERGY}}

Department Circular No. DC 2010-07-008

Adopting Further Amendments to the WESM Rules

Whereas, Rule 8.6.10 of the Wholesale Electricity Spot Market (WESM) Rules provides for the approval by the Department of Energy (DOE) of proposals for any WESM rules changes upon the endorsement by the PEM Board;

Whereas, on 7 April 2010, the Rules Change Committee (RCC) has approved a resolution endorsing for approval before the PEM Board proposed changes in the WESM Rules pertaining to the Designation of a Compliance Officer for WESM Members, Market Operator and System Operator;

Whereas, after discussion, the PEM Board has resolved on 24 June 2010 to approve for endorsement to the Department of Energy (DOE) the abovestated changes to the WESM Rules,

NOW THEREFORE, pursuant to its authority under the WESM Rules, the DOE hereby issues, adopts, and promulgates the following amendments to the WESM Rules:

A. Amendments to the WESM Rules

Clause 7.2.9 is added to read as

7.2.9 Desiqnation of a Compliance Officer for WESM Member, Market Operator and System Operator.

7.2.9.1 Each WESM Member, the Market Operator, the System Operator, Meterinq Service Provider and a.ny other WESM Service Providers shall desiqnate a Compliance Officer in their respective organizations.

7.2.9.2 The Compliance Officer shall:

(a) Monitor and undertake necessary activities to ensure the full compliance of their respective orqanization to the EPIRA, the EPIRA Implementing Rules and Regulations, WESM Rules and the WESM Market Manuals• and develop necessary procedures and guidelines for this purpose.

(b) From time to time, if the Compliance Officer deems it necessary or appropriate, propose policies or amendments to the WESM Rules and/or WESM Market Manuals to enhance or develop the WESM enforcement and compliance, with the objective of promoting qood commercial and technical practices.

(c) Be responsible in facilitatinq and coordinatinq with the WESM Enforcement Compliance Office (ECO), all matters relatinq to the enforcement and compliance of respective orqanization, including the provision of the necessary information and data, as may be required by any of the WESM Governance Committees and by the ECO.

(d) Submit a report to the ECO concerning their respective organization's compliance with WESM Rules and WESM Market Manuals on an annual basis or as may be determined by the ECO or any of the WESM Governance Committees.

B. Separability Clause

If for any reason, any section or provision of this Department Circular is declared unconstitutional or invalid, such parts not affected shall remain in full force and effect.

C. Effectivity

This Department Circular shall take effect fifteen (15) days following its publication in two (2) newspapers of general circulation.

Signed this 30th day of June 2010 at the DOE, Energy Center, Merritt Road, Fort Bonifacio, Taguig City, Metro Manila.

JOSE C. BAZETA

Acting cretary

Republic of the of the Philippines

DEPARTMENT OF ENERGY

.. IN REPLYING PLS CITE:

PHILIPPINES: Department Circular No. DC 2010-07-008 of 2010 Adopting Further Amendments to the WESM Rules

^{_{DEPARTMENT OF ENERGY}}

^{_{SDOE1O-000856}}