NOTICE OF INVITATION FOR PUBLIC CONSULTATION ON THE SECONDARY CAP SCHEME IN THE WHOLESALE ELECTRICITY SPOT MARKET (WESM)
Notice is hereby given that a Public Consultation on the Secondary Cap Scheme will be held on July 23, 2014, Wednesday, 9:00 a.m. at ERC Main Office Hearing Room at 15/F Pacific Center Building, San Miguel Avenue, Pasig City, to solicit comments and inputs on the following matters:
1.) Whether or not the secondary cap, which has been imposed as an interim mitigating measure, should be implemented permanently;
2.) Whether or not the threshold set under Resolution No. 08, Series of 2014 should be changed; and
3.) The circumstances or triggers that would warrant a change in the threshold.
All interested parties may submit their comments and inputs (in both hard and soft copies) at the ERC Main Office at 12/F Pacific Center Building, San Miguel Avenue, Pasig City, not later than July 10, 2014. Electronic copies may be sent to firstname.lastname@example.org. Parties who have filed their written comments on or before the prescribed period would be given priority during the above-scheduled public consultation