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                    [ArticleID] => 1797391
                    [Title] => PEMC allowed to collect P800 million from market players over 3 years
                    [Summary] => The Energy Regulatory Commission has allowed the Philippine Electricity Market Corp. to collect over P800 million from its trading participants over a three-year period.
                    [DatePublished] => 2018-03-17 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 838978
                    [Title] => WESM seeks to collect P900M from consumers
                    [Summary] => 
The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), is seeking regulatory approval to collect almost P900 million from market participants to pay off its debts.
                    [DatePublished] => 2012-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 829831
                    [Title] => WESM eyes P800M in transaction fees next year
                    [Summary] => 
The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), wants to collect almost P800 million from transaction fees next year.
                    [DatePublished] => 2012-07-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 320944
                    [Title] => WESM operator recalls pricing application with ERC
                    [Summary] => Philippine Electricity Market Corp. (PEMC) has withdrawn its application with the Energy Regulatory Commission (ERC) for approval of the proposed procedures for the pricing and scheduling of electricity to be traded in the wholesale electricity spot market (WESM). 


The ERC was supposed to start public hearings last Feb. 7 on the WESM price determination methodology (PDM).


                    [DatePublished] => 2006-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 266716
                    [Title] => Electricity spot market system completes final test
                    [Summary] => The Philippine Electricity Market Corp. (PEMC) reported that the factory acceptance test (FAT) for the Market Management System (MMS) of the Philippine Wholesale Electricity Spot Market (WESM) was completed at the Asea Brown Boveri (ABB) offices in Sta. Clara, California.  


PEMC president Lasse Holopainen said the $8.47-million MMS consists of the software and hardware needed to operate the WESM once trading begins.  


                    [DatePublished] => 2004-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 242996
                    [Title] => DOE, Transco award 2 contracts for wholesale electricity spot mart
                    [Summary] => The Department of Energy (DOE) and the National Transmission Corp. (Transco) formally awarded yesterday two vital contracts to jumpstart the implementation of the wholesale electricity spot market (WESM), the second power spot market established in the ASEAN. 


Marketplace Co.  Pty Ltd. (MCo) of New Zealand bagged the contract for the consultancy services for the project management while Finnish firm ABB Inc. was awarded the turnkey contract for the implementation of the Market Management System (MMS) of the WESM. 


                    [DatePublished] => 2004-03-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 233267
                    [Title] => Wholesale electricity spot market to proceed as planned in June ’04
                    [Summary] => The National Transmission Corp. (Transco) is confident that the trial operation of the Wholesale Electricity Spot Market (WESM) will commence on June 2004. 


Transco’s optimism was anchored on the recent approval of the financing for the WESM by Japan Bank for International Cooperation (JBIC). The loan agreement was signed in Japan during the recent state visit of President Arroyo in the said country. 


                    [DatePublished] => 2003-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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Market Management System

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                    [ArticleID] => 1797391
                    [Title] => PEMC allowed to collect P800 million from market players over 3 years
                    [Summary] => The Energy Regulatory Commission has allowed the Philippine Electricity Market Corp. to collect over P800 million from its trading participants over a three-year period.
                    [DatePublished] => 2018-03-17 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
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                    [ArticleID] => 838978
                    [Title] => WESM seeks to collect P900M from consumers
                    [Summary] => 
The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), is seeking regulatory approval to collect almost P900 million from market participants to pay off its debts.
                    [DatePublished] => 2012-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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                    [ArticleID] => 829831
                    [Title] => WESM eyes P800M in transaction fees next year
                    [Summary] => 
The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), wants to collect almost P800 million from transaction fees next year.
                    [DatePublished] => 2012-07-21 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1538806
                    [AuthorName] => Neil Jerome C. Morales
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 320944
                    [Title] => WESM operator recalls pricing application with ERC
                    [Summary] => Philippine Electricity Market Corp. (PEMC) has withdrawn its application with the Energy Regulatory Commission (ERC) for approval of the proposed procedures for the pricing and scheduling of electricity to be traded in the wholesale electricity spot market (WESM). 


The ERC was supposed to start public hearings last Feb. 7 on the WESM price determination methodology (PDM).


                    [DatePublished] => 2006-02-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 266716
                    [Title] => Electricity spot market system completes final test
                    [Summary] => The Philippine Electricity Market Corp. (PEMC) reported that the factory acceptance test (FAT) for the Market Management System (MMS) of the Philippine Wholesale Electricity Spot Market (WESM) was completed at the Asea Brown Boveri (ABB) offices in Sta. Clara, California.  


PEMC president Lasse Holopainen said the $8.47-million MMS consists of the software and hardware needed to operate the WESM once trading begins.  


                    [DatePublished] => 2004-11-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                    [ArticleID] => 242996
                    [Title] => DOE, Transco award 2 contracts for wholesale electricity spot mart
                    [Summary] => The Department of Energy (DOE) and the National Transmission Corp. (Transco) formally awarded yesterday two vital contracts to jumpstart the implementation of the wholesale electricity spot market (WESM), the second power spot market established in the ASEAN. 


Marketplace Co.  Pty Ltd. (MCo) of New Zealand bagged the contract for the consultancy services for the project management while Finnish firm ABB Inc. was awarded the turnkey contract for the implementation of the Market Management System (MMS) of the WESM. 


                    [DatePublished] => 2004-03-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 233267
                    [Title] => Wholesale electricity spot market to proceed as planned in June ’04
                    [Summary] => The National Transmission Corp. (Transco) is confident that the trial operation of the Wholesale Electricity Spot Market (WESM) will commence on June 2004. 


Transco’s optimism was anchored on the recent approval of the financing for the WESM by Japan Bank for International Cooperation (JBIC). The loan agreement was signed in Japan during the recent state visit of President Arroyo in the said country. 


                    [DatePublished] => 2003-12-29 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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abtest

PEMC allowed to collect P800 million from market players over 3 years

By Danessa Rivera | March 17, 2018 - 12:00am

The Energy Regulatory Commission has allowed the Philippine Electricity Market Corp. to collect over P800 million from its trading participants over a three-year period.

Business

WESM seeks to collect P900M from consumers

By Neil Jerome C. Morales | August 17, 2012 - 12:00am

The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), is seeking regulatory approval to collect almost P900 million from market participants to pay off...

Business

WESM eyes P800M in transaction fees next year

By Neil Jerome C. Morales | July 21, 2012 - 12:00am

The Philippine Electricity Market Corp. (PEMC), the administrator of the Wholesale Electricity Spot Market (WESM), wants to collect almost P800 million from transaction fees next year.

Business

WESM operator recalls pricing application with ERC

By Donnabelle L. Gatdula | February 10, 2006 - 12:00am

Philippine Electricity Market Corp. (PEMC) has withdrawn its application with the Energy Regulatory Commission (ERC) for approval of the proposed procedures for the pricing and scheduling of electricity to be traded...

Business

Electricity spot market system completes final test

By Donnabelle L. Gatdula | November 7, 2004 - 12:00am

The Philippine Electricity Market Corp. (PEMC) reported that the factory acceptance test (FAT) for the Market Management System (MMS) of the Philippine Wholesale Electricity Spot Market (WESM) was completed at the...

Business

DOE, Transco award 2 contracts for wholesale electricity spot mart

By Donnabelle L. Gatdula | March 18, 2004 - 12:00am

The Department of Energy (DOE) and the National Transmission Corp. (Transco) formally awarded yesterday two vital contracts to jumpstart the implementation of the wholesale electricity spot market (WESM), the second...

Business

Wholesale electricity spot market to proceed as planned in June ’04

By Donnabelle L. Gatdula | December 29, 2003 - 12:00am

The National Transmission Corp. (Transco) is confident that the trial operation of the Wholesale Electricity Spot Market (WESM) will commence on June 2004. Transco’s optimism was anchored on the recent approval...

Business