ERC
Case No. 2003-356 Application
for the Approval of the Price Determination Methodology
(PDM) For the WESM
The Department of Energy through the Philippine Electricity
Market Corporation (PEMC) submitted on 01 December 2004
the revised PDM in compliance with the Order of the Commission
dated 15 March 2004. As approved during the 14 December
2004 Commission Meeting, the PDM shall be posted on the
ERC website to solicit comments from the industry participants.
Procedures for Public Consultation:
• All comments and questions shall be sent in the following order of priority:
1. E-mail at spotmarket@erc.gov.ph attention to Oliver O. Cruz and/or Judith L. Mangosing; and
2. Mail addressed to Director Edgar F. Samonte, Attention: Atty. Debora Anastacia T. Layugan, Market Operations Service, Energy Regulatory Commission, 12/F, Pacific Center Bldg., San Miguel Avenue, Pasig City (in soft and hard copies).
• Any party who submits its valid comments or questions shall be considered a Party of Record. All comments or questions will simultaneously be sent via electronic mail to PEMC and shall correspondingly be published on the Commission website upon receipt.
• All Parties of Record are requested to submit their valid comments or questions as early as possible in order for (1) PEMC to have adequate time in providing its reply to all the submitted comments; and (2) the Commission to have sufficient time to reply, if necessary, to said comments and to consolidate all the submitted comments.
• Any written comments and questions provided shall be considered read and need not be reiterated during the Public Consultation except for clarificatory purposes.
• The date of the Public Consultation shall be announced on a later date.
Price Determination Methodology for Philippine WESM
December 20, 2004