PEMC honors market participant compliance in the WCO Summit 2022

The Philippine Electricity Market Corporation (PEMC) recently hosted the annual Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2022, which was a blend of virtual learning and inperson gathering.

This year’s WCO Summit highlights the need to “build a resilient and sustainable culture of proactive compliance in the post-pandemic era,” said PEMC Chief Governance Officer Elvin Hayes E. Nidea in his opening remarks during the two (2)-day event with the theme “Proactive Compliance in the Post-Pandemic Landscape.”

Much like the online events held for the past two (2) years, this year’s WCO Summit included a mix of compliance-related videos and live presentations on the details of the recently launched WCO Certification Program, the implementation of the new Penalty Manual and the administration of the enforcement and compliance process under the Enhanced WESM Design and Operations (EWDO) regime.

The conference also included feature presentations on the 97-MW Avion open-cycle natural gas-fired peaking plant owned by First Gen’s Prime Meridian Powergen Corporation, as well as the WESM Compliance Programs of several generator and load market participants.

“Compliance is not only the concern of PEMC as the WESM’s governance arm, but also all regulating agencies for the power industry, including the ERC, and even all concerned sectors in the economy,” stated Chairperson Monalisa Dimalanta of the Energy Regulatory Commission (ERC) in her keynote address.

Since the launch of the WCO Summit in 2019, exemplary performance in compliance have been awarded to generator market participants.

“Our market participants have our full support towards building and attaining a culture of compliance and we hope that we will continue engaging more participants towards this end,” said PEM Board Chairman Noel V. Aboboto.

The WCO Summit 2022 Awards recognized generator market participants’ commitment to fulfilling their obligations in offering their maximum available capacity and their compliance to their real-time schedule instructions. This covered the period January to June 2022 and is based on WESM generator classification (biomass, coal-fired, geothermal, hydroelectric, natural gas, and oil-based).

COMPLIANCE WITH THE MUST OFFER RULE, THE RULE ON NOMINATION OF PROJECTED OUTPUTS, AND THE REAL-TIME DISPATCH SCHEDULE  

WESM Generator Classification	Rank	Company Name	Facility Name
Biomass	1st	Pangea Green Energy Philippines, Inc.	PGEP Biogas Plant
	2nd	Grass Gold Renewable Energy Corporation	12 MW Biomass Power Plant
	3rd	Cagayan Biomass Energy Corporation	15.00 MW Biomass Power Plant
Coal	1st	Cebu Energy Development Corporation	CEDC Coal-Fired Thermal Power Plant
	2nd	Therma Luzon, Inc.	Pagbilao Coal-Fired Power Plant
	3rd	KEPCO SPC Power Corporation	KSPC Coal Fired Thermal Power Plant
Geothermal	1st	Green Core Geothermal, Inc.	Tongonan Geothermal Power Plant
	2nd	Energy Development Corporation	Nasulo Geothermal Power Plant
	3rd	AP Renewables Inc.	Tiwi Geothermal Power Plant
Hydro	1st	SN Aboitiz Power – Benguet, Inc.	Binga Hydroelectric Power Plant
	2nd	SN Aboitiz Power – Benguet, Inc.	Ambuklao Hydroelectric Power Plant
	3rd	Angat Hydropower Corporation	Angat Hydroelectric Power Plant
Natural Gas	1st	First Gas Power Corporation	Sta. Rita Combined-Cycle Power Plant
	2nd	First NatGas Power Corp.	San Gabriel Combined-Cycle Power Plant
	3rd	FGP Corporation	San Lorenzo Combined-Cycle Power Plant
Oil-Based	1st	Ingrid Power Holdings, Inc.	Pililia Diesel Power Plant
	2nd	SPC Island Power Corporation	Panay Diesel Power Plant 1
	3rd	Panay Power Corporation	Nabas Diesel Power Plant

 

NON-SCHEDULED GENERATORS

Rank	Company Name	Facility Name
1st	Amlan Hydroelectric Power Corporation	Amlan Hydroelectric Power Plant
2nd	SN Aboitiz Power – Magat, Inc.	Maris Canal Hydroelectric Power Plant
3rd	Asian Carbon Neutral Power Corp.	ACNPC Tarlac Biomass Plant

 

For the second year, PEMC recognized the Metering Services Providers (MSP) on their performance based on service delivery performance measures: Daily Meter Data Delivery, Timeliness and Percentage Resolution to the Daily Meter Trouble Report, Integrity of Meter Data, Timeliness of Monthly Meter Data Delivery, and Timeliness and Percentage Resolution to the Monthly Meter Trouble Report.

The following MSPs were recognized for gaining passing annual average overall performance ratings for the period 26 June 2021 to 25 June 2022.  

 

Metering Services Provider	Award
Nueva Ecija I Electric Cooperative, Inc.	Top MSP Performer, with Distinction
Cabanatuan Electric Corporation	Top MSP Performer, with Distinction
Leyte V Electric Cooperative, Inc.	Top MSP Performer, with Distinction
Balamban Enerzone Corporation	Top MSP Performer, with Distinction
Batangas I Electric Cooperative, Inc.	Top MSP Performer, with Distinction
Manila Electric Company	Top MSP Performer
Cagayan 1 Electric Cooperative, Inc. MSP	Top MSP Performer
Iloilo II Electric Cooperative, Inc.	Top MSP Performer
Pampanga III Electric Cooperative, Inc.	Top MSP Performer
National Grid Corporation of the Philippines	Top MSP Performer
Pampanga I Electric Cooperative, Inc.	Special recognition
Tarlac Electric, Inc.	Special recognition
Nueva Ecija II Area 1 Electric Cooperative, Inc.	Special recognition
Pangasinan III Electric Cooperative, Inc.	Special recognition
Negros Oriental II Electric Cooperative, Inc.	Special recognition
Mactan Electric Company, Inc.	Special recognition
Mactan Enerzone Corporation	Special recognition
Batangas II Electric Cooperative, Inc.	Special recognition
Pampanga II Electric Cooperative, Inc.	Special recognition
Aklan Electric Cooperative, Inc.	Special recognition
Clark Electric Distribution Corporation	Special recognition
Peninsula Electric Cooperative, Inc.	Special recognition
Tarlac II Electric Cooperative, Inc.	Special recognition

 

The Top MSP Performer, with Distinction award was given to MSPs that have consistently garnered passing ratings in all performance categories for all billing months during the covered period. Meanwhile, the Top MSP Performer award was given to MSPs that may have had a failing rating for some performance categories, but still garnered an overall passing rating for all billing months during the covered period.

Special recognition was given to MSPs that may have had a failing overall rating for some billing months, but still have a passing annual average overall rating during the covered period.

“This annual conference is not only a celebration of excellence in compliance, but also an opportunity for WESM participants to be inspired in developing their respective compliance programs,” said Nidea.