BusinessMirror

WESM Visayas return online after ERC order

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THe wholesale electricit­y Spot Market (wesm) in Visayas has resumed operations after the energy regulatory Commission (erc) lifted the suspension order it earlier imposed on the Philippine electricit­y Market Corp.–market operator (PEMC-MO).

“we have issued the ‘Notice of Market resumption’ to the Philippine electricit­y Market Corp.-market operator (PEMC-MO), and they were directed to advise the trading participan­ts and the National grid Corp.-visayas System operator (NGCP-VSO) of the said resumption,” erc Chairman and Ceo agnes VST devanadera said.

The operations of the wesm in the Visayas grid, excluding Bohol, took effect last January 17.

“we have been closely monitoring and assessing the Visayas grid condition and upon assessment of the informatio­n gathered from the constant coordinati­on with PEMCMO and with the NGCP-VSO, the Commission views that market operations in the Visayas grid, except Bohol are now ready to resume,” devanadera said.

It may be recalled that the erc suspended the operations of the wesm in the Visayas grid last december 16. The suspension was necessitat­ed by the power system disturbanc­e due to the impact of “Typhoon odette,” causing the breach of Section 1.B, article II of the erc resolution 12, Series of 2018, indicating over-generation.

Meanwhile, Section 1.B, article IV of the erc resolution provides that if there is improvemen­t in the loading level for 24 consecutiv­e hours, in relation to the conditions for market suspension, market operations can resume.

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