Year: 2022

Summary of Unpaid Energy Settlement Amounts

                                                                                                                     As of September 27, 2022

Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. ABRECO Luzon      (295,170,733.32) Default
ABSOLUT DISTILLERS INC. ABSOLUTDI_FIT Luzon                   (43.64) Default
ALBAY ELECTRIC COOPERATIVE, INC. ALECO Luzon       (24,971,050.65) Default
AMLAN HYDROELECTRIC POWER CORPORATION AMLANHPC Visayas             (13,939.29) Default
ASIA PACIFIC ENERGY CORPORATION APEC Luzon            (833,093.49) Default
BAC-MAN GEOTHERMAL, INC. BGIRES Luzon                     (7.44) Default
BOHOL I ELECTRIC COOPERATIVE, INC. – JANOPOL MINI HYDRO POWER COPORATION JANOPOL Visayas                     (3.12) Default
BOSUNG SOLARTEC INC. BOSUNG Luzon                   (13.00) Default
CAGAYAN BIOMASS ENERGY CORPORATION CBEC_FIT Luzon            (373,151.12) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. CASURECO2 Luzon       (37,586,552.40) Default
CENTRAL AZUCARERA DE TARLAC CAT Luzon                   (14.29) Default
CENTRAL NEGROS POWER RELIABILITY, INC. CENPRI Visayas         (2,083,173.95) Default
CITICORE ENERGY SOLUTIONS, INC. CESIRES Luzon       (12,767,786.76) Default
CITICORE ENERGY SOLUTIONS, INC. CESIGES Luzon            (105,896.41) Default
CLARK ELECTRIC DISTRIBUTION CORPORATION LOCAL RES CEDCLRE Luzon             (27,336.96) Default
CLEANGREEN ENERGY CORPORATION CEC Luzon               (1,070.37) Default
COSMO SOLAR ENERGY, INC. CSEI Visayas            (367,652.84) Default
GREEN FUTURE INNOVATIONS, INC. GFII_FIT Luzon         (1,657,218.87) Default
HAWAIIAN-PHILIPPINE COMPANY HPCO Visayas               (2,174.19) Default
ISABELA BIOMASS ENERGY CORPORATION IBEC_FIT Luzon               (9,290.56) Default
LINDE PHILIPPINES INC. LINDE Luzon         (4,072,175.23) Default
MABUHAY ENERGY CORPORATION MECORES Luzon       (30,440,875.60) Default
MONTE SOLAR ENERGY, INC. MONTESOL_FIT Visayas            (109,942.91) Default
PANAY ELECTRIC COMPANY, INC. PECO Visayas       (22,093,977.01) Default
PEOPLE’S ENERGY SERVICES, INC. PESI Luzon             (23,962.99) Default
PHILIPPINE POWER AND DEVELOPMENT COMPANY (PPDC3) PPDC3 Luzon               (7,486.71) Default
PILIPINAS SHELL PETROLEUM CORPORATION PSPCGEN Luzon               (7,915.74) Default
REPUBLIC CEMENT & BUILDING MATERIALS, INC. RCBMI Luzon               (2,157.38) Default
SAN CARLOS BIOENERGY, INC. SCBI Visayas               (3,803.43) Default
Shell Energy Philippines Inc. SEPHGES Luzon             (21,294.12) Default
SMCGP PHILIPPINES ENERGY STORAGE CO. LTD. SPESCL Visayas       (19,133,603.35) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION SOLARPHIL_FIT Luzon            (259,197.72) Default
SOLAR PHILIPPINES TARLAC CORPORATION SOLARPHTC Luzon            (403,007.54) Default
SORSOGON II ELECTRIC COOPERATIVE, INC. SORECO2 Luzon            (553,795.50) Default
STA. CLARA POWER CORPORATION STACLARA Visayas               (3,278.88) Default, payment to be cleared 09.28.2022
SUNWEST WATER AND ELECTRIC COMPANY 2, INC. SUWECO2_FIT Visayas             (13,044.67) Default
UNIVERSAL ROBINA CORPORATION URC_FIT Luzon         (4,099,732.56) Default
UNIVERSITY OF THE PHILIPPINES LOS BAÑOS UPLB Luzon             (99,319.99) Default, payment to be cleared 09.28.2022
VISAYAN OIL MILLS, INC. VOMI Visayas             (98,639.45) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC WAHCRES Luzon            (126,220.64) Default
TOTAL  (457,543,634.09)

NOTICE OF REVOCATION OF SUSPENSION

            The Independent Electricity Market Operator of the Philippines Inc. (IEMOP), in its capacity as the Market Operator of the Philippine Wholesale Electricity Spot Market (WESM) and Central Registration Body of the Retail Market, gives notice of the revocation of suspension of Steel Corporation of the Philippines (STEELCORP) effective 26 September 2022 on account of the reconnection of its facility to the national grid.  This notice is being published in accordance with the provisions of Section 4.5 of the WESM Manual on Registration, Suspension and De-Registration Criteria and Procedures.

 

 

             INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Fastech Electronique Inc. (FSTEC1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Fastech Electronique Inc. with designated short name (FSTEC1R), notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member.

IEMOP has confirmed the cessation of Fastech Electronique Inc.’s WESM membership to be effective on 30 September 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

         12 September 2022, Pasig City, Philippines.

         INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of August 31, 2022
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. ABRECO Luzon   (284,197,491.78) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. CASURECO2 Luzon     (20,610,802.94) Default
CENTRAL AZUCARERA DE TARLAC CAT Luzon                  (18.41) Default
CLEANGREEN ENERGY CORPORATION CEC Luzon                (949.36) Default
CENTRAL NEGROS POWER RELIABILITY, INC. CENPRI Visayas       (1,016,660.90) Default
COSMO SOLAR ENERGY, INC. CSEI Visayas         (367,511.60) Default
EEI ENERGY SOLUTIONS CORPORATION EEIRES Luzon       (3,872,591.66) Default
FIRST CABANATUAN RENEWABLE VENTURES INC. FCRV_FIT Luzon                    (0.06) Default
CITICORE SOLAR CEBU, INC. FTOLEDO Visayas             (1,148.27) Default
GREEN FUTURE INNOVATIONS, INC. GFII_FIT Luzon       (1,586,071.86) Default
ISABEL ANCILLARY SERVICES CO. LTD IASCO Visayas         (975,930.07) Default
ISABELA II ELECTRIC COOPERATIVE, INC. ISELCO2 Luzon          (231,014.30) Default
BOHOL I ELECTRIC COOPERATIVE, INC. – JANOPOL MINI HYDRO POWER COPORATION JANOPOL Visayas                   (2.93) Default
KRATOS RES, INC. KRATOSRES Luzon       (1,465,949.68) Default
LINDE PHILIPPINES INC. LINDE Luzon       (2,366,895.47) Default
NEXT GENERATION POWER TECHNOLOGY CORP. NEXTGEN Luzon                (511.46) Default
NEGROS ISLAND SOLAR POWER INC. NISPI Visayas                (898.50) Default
NEGROS ISLAND SOLAR POWER INC. NISPI2 Visayas                (933.09) Default
NORTHWIND POWER DEVELOPMENT CORPORATION NORTHWIND_FIT Luzon             (1,251.82) Default
CITICORE SOLAR TARLAC 2, INC. NVVOGTDAL Luzon                    (3.52) Default
NORTHWIND POWER DEVELOPMENT CORPORATION NWPDC_FIT Luzon                (761.35) Default
PANAY ELECTRIC COMPANY, INC. PECO Visayas     (21,434,794.33) Default
PEOPLE’S ENERGY SERVICES, INC. PESI Luzon            (47,903.40) Default
PHILIPPINE POWER AND DEVELOPMENT COMPANY (PPDC3) PPDC3 Luzon             (7,486.71) Default
PILIPINAS SHELL PETROLEUM CORPORATION PSPCGEN Luzon             (7,915.74) Default
SAN CARLOS BIOENERGY, INC. SCBI Visayas            (12,557.95) Default
Shell Energy Philippines Inc. SEPHGES Luzon             (7,326.20) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. SILAYSPI Visayas                (707.84) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION SOLARPHIL_FIT Luzon          (322,539.09) Default
SOLAR PHILIPPINES TARLAC CORPORATION SOLARPHTC Luzon          (290,417.91) Default
SORSOGON II ELECTRIC COOPERATIVE, INC. SORECO2 Luzon       (8,551,363.52) Default
SOLAR PHILIPPINES RETAIL ELECTRICITY INC. SPREIRES Luzon            (81,730.42) Default
GUIMARAS WIND CORPORATION TAREC_FIT Visayas             (3,329.12) Default
UNIVERSAL ROBINA CORPORATION URC_FIT Luzon            (27,900.85) Default
VISAYAN OIL MILLS, INC. VOMI Visayas            (40,251.85) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC WAHCRES Luzon          (126,182.54) Default
TOTAL  (347,659,806.50)

Summary of Unpaid Energy Settlement Amounts

As of August 26, 2022

Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. ABRECO Luzon (284,211,993.00) Default
BOSUNG SOLARTEC INC. BOSUNG Luzon (44.06) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. CASURECO2 Luzon (45,555,756.40) Default
CENTRAL AZUCARERA DE TARLAC CAT Luzon (18.41) Default
CLEANGREEN ENERGY CORPORATION CEC Luzon (949.36) Default
CENTRAL NEGROS POWER RELIABILITY, INC. CENPRI Visayas (2,556,285.47) Default
COSMO SOLAR ENERGY, INC. CSEI Visayas (367,511.60) Default
EEI ENERGY SOLUTIONS CORPORATION EEIRES Luzon (3,872,591.66) Default
FIRST CABANATUAN RENEWABLE VENTURES INC. FCRV_FIT Luzon (74.07) Default
CITICORE SOLAR CEBU, INC. FTOLEDO Visayas (1,148.27) Default
GREEN FUTURE INNOVATIONS, INC. GFII_FIT Luzon (1,586,071.86) Default
ISABEL ANCILLARY SERVICES CO. LTD IASCO Visayas (975,930.07) Default
ISABELA LA SUERTE RICE MILL CORPORATION ILSRMC Luzon (28.63) Default
ILOCOS NORTE ELECTRIC COOPERATIVE, INC. INEC Luzon (136,256.40) Default
ISABELA II ELECTRIC COOPERATIVE, INC. ISELCO2 Luzon (231,014.30) Default
BOHOL I ELECTRIC COOPERATIVE, INC. – JANOPOL MINI HYDRO POWER COPORATION JANOPOL Visayas (2.93) Default
KRATOS RES, INC. KRATOSRES Luzon (1,465,949.68) Default
LINDE PHILIPPINES INC. LINDE Luzon (2,366,895.47) Default
NEXT GENERATION POWER TECHNOLOGY CORP. NEXTGEN Luzon (511.46) Default
NEGROS ISLAND SOLAR POWER INC. NISPI Visayas (898.50) Default
NEGROS ISLAND SOLAR POWER INC. NISPI2 Visayas (933.09) Default
NORTHWIND POWER DEVELOPMENT CORPORATION NORTHWIND_FIT Luzon (1,251.82) Default
CITICORE SOLAR TARLAC 2, INC. NVVOGTDAL Luzon (3.52) Default
NORTHWIND POWER DEVELOPMENT CORPORATION NWPDC_FIT Luzon (761.35) Default
Oriental Energy and Power Generation Corporation OEPGC Visayas (123,251.24) Default
PANAY ELECTRIC COMPANY, INC. PECO Visayas (21,434,794.33) Default
PEOPLE’S ENERGY SERVICES, INC. PESI Luzon (47,903.40) Default
PHILIPPINE POWER AND DEVELOPMENT COMPANY (PPDC3) PPDC3 Luzon (7,486.71) Default
PILIPINAS SHELL PETROLEUM CORPORATION PSPCGEN Luzon (7,915.74) Default
SAN CARLOS BIOENERGY, INC. SCBI Visayas (12,557.95) Default
Shell Energy Philippines Inc. SEPHGES Luzon (7,326.20) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. SILAYSPI Visayas (707.84) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION SOLARPHIL_FIT Luzon (322,539.09) Default
SOLAR PHILIPPINES TARLAC CORPORATION SOLARPHTC Luzon (808,174.15) Default
SORSOGON II ELECTRIC COOPERATIVE, INC. SORECO2 Luzon (8,551,363.52) Default
SOLAR PHILIPPINES RETAIL ELECTRICITY INC. SPREIRES Luzon (81,730.42) Default
SUNWEST WATER AND ELECTRIC COMPANY 2, INC. SUWECO2_FIT Visayas (75.96) Default
GUIMARAS WIND CORPORATION TAREC_FIT Visayas (3,329.12) Default
UNIVERSAL ROBINA CORPORATION URC_FIT Luzon (27,900.85) Default
VISAYAN OIL MILLS, INC. VOMI Visayas (40,251.85) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC WAHCRES Luzon (126,182.54) Default
TOTAL:  (374,936,372.29)

 

Summary of Unpaid Energy Settlement Amounts

                                                                                                                                         As of July 30, 2022

Market Participant Short Name Region Amount Remarks
Abra Electric Cooperative, Inc. ABRECO Luzon (273,099,826.68) Default
Asian Carbon Neural Power Corp ACNPC_FIT Luzon (0.87) Default, payment to be cleared 08.01.2022
Bohol I Electric Cooperative, Inc. – Janopol Mini Hydro Power Coporation JANOPOL Visayas (0.01) Default
Bosung Solartec Inc. BOSUNG Luzon (14.85) Default, payment to be cleared 08.09.2022
Camarines Sur II Electric Cooperative, Inc. CASURECO2 Luzon (881,353.73) Default, payment to be cleared 08.03.2022
Central Negros Power Reliability, Inc. CENPRI Visayas (1,131,346.71) Default
CLEANGREEN ENERGY CORPORATION CEC Luzon (1,098.83) Default, payment to be cleared 08.03.2022
Cosmo Solar Energy, Inc. CSEI Visayas (359,722.25) Default
Green Future Innovations, Inc. (GFII_FIT) GFII_FIT Luzon (2,142,067.43) Default
Hawaiian-Philippine Company HPCO Visayas (293,044.59) Default
Hypergreen Energy Corporation HGEC Luzon (1,102,606.98) Default
Linde Philippines Inc. LINDE Luzon (1,372,798.66) Default
Negros Oriental II Electric Cooperative NORECO2 Visayas (455.11) Default, payment to be cleared 08.02.2022
Oriental Energy and Power Generation Corporation OEPGC Visayas (93,740.20) Default, payment to be cleared 08.02.2022
Panay Electric Company, Inc. PECO Visayas (21,432,900.94) Default
People’s Energy Services, Inc. PESI Luzon (3.30) Default, payment to be cleared 08.01.2022
Philippine Power and Development Company PPDC3 Luzon (7,486.71) Default
Pilipinas Shell Petroleum Corporation PSPCGEN Luzon (7,915.74) Default
San Carlos Bioenergy, Inc. SCBI Visayas (11,420.69) Default
Shell Energy Philippines Inc. SEPHGES Luzon (4,431.71) Default
Solar Philippines Tarlac Corporation SOLARPHTC Luzon (130,157.99) Default
Universal Robina Corporation (URC_FIT) URC_FIT Luzon (3,384,463.10) Default
Waterfront Mactan Casino and Hotel, Inc WAHCRES Visayas (126,018.79) Default
TOTAL (305,582,875.87)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – One Union Square Holdings, Inc. (1UNSQ1R)

 

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that One Union Square Holdings, Inc., with designated short name 1UNSQ1R, notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

IEMOP has confirmed the cessation of One Union Square Holdings, Inc.’s WESM membership to be effective on 25 August 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

10 August 2022, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – V & F Ice Plant & Cold Storage, Inc. (VFICE1R)

         The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine  Wholesale Electricity    Spot Market (WESM), gives notice that V & F Ice Plant & Cold Storage, Inc., with designated short name (VFICE1R), notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

         IEMOP has confirmed the cessation of V & F Ice Plant & Cold Storage, Inc.’s WESM membership to be effective on 25 August 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

          10 August 2022, Pasig City, Philippines.

               

Summary of Unpaid Energy Settlement Amounts

As of July 25, 2022

Market Participant Short Name Region Amount Remarks
Abra Electric Cooperative, Inc.  ABRECO Luzon      (273,382,578.17) Default
Panay Electric Company, Inc.  PECO Visayas       (21,432,900.94) Default
Waterfront Mactan Casino and Hotel, Inc  WAHCRES Visayas            (126,018.79) Default
Solar Philippines Retail Electricity Inc.  SPREIRES Luzon         (1,345,035.20) Default
Cosmo Solar Energy, Inc.  CSEI Visayas            (359,722.25) Default
Pilipinas Shell Petroleum Corporation  PSPCGEN Luzon               (7,915.74) Default
Hypergreen Energy Corporation  HGEC Luzon         (1,114,200.26) Default
MABUHAY ENERGY CORPORATION   MECORES Luzon       (73,422,197.17) Default
Universal Robina Corporation (URC_FIT) URC_FIT Luzon         (3,384,463.10) Default
Marcela Farms Incorporated  MFI Luzon                   (15.49) Default
San Carlos Bioenergy, Inc.  SCBI Visayas       (11,010,370.39) Default
Ecozone Power Management, Inc.  EPMIRES Luzon            (758,303.19) Default
Lima Enerzone Corporation LEZ Luzon       (12,497,599.59) Default
Philippine Power and Development Company  PPDC3 Luzon               (7,486.71) Default
Isabela La Suerte Rice Mill Corporation  ILSRMC Luzon                 (272.24) Default
Bosung Solartec Inc.  BOSUNG Luzon                   (14.85) Default
ISABEL ANCILLARY SERVICES CO. LTD  IASCO Visayas         (1,640,703.16) Default
Green Future Innovations, Inc. (GFII_FIT) GFII_FIT Luzon         (2,142,067.43) Default
Bohol Light Company, Inc. BLCI Visayas       (18,638,953.87) Default
Capiz Electric Cooperative, Inc. CAPELCO Visayas       (74,281,918.33) Default, payment to be cleared 07.26.2022
Central Azucarera de Tarlac  CAT Luzon                   (61.01) Default
Cebu III Electric Cooperative, Inc. CEBECO3 Visayas       (28,829,398.73) Default
Isabela II Electric Cooperative, Inc. ISELCO2 Luzon         (2,054,317.17) Default
Linde Philippines Inc.  LINDE Luzon         (1,372,798.66) Default
Northern Negros Electric Cooperative, Inc. NONECO Visayas       (21,352,282.88) Default, payment to be cleared 07.26.2022
Dagupan Electric Corporation DECORP Luzon       (34,275,105.61) Default, payment to be cleared 07.26.2022
First Toledo Solar Energy Corp. FTOLEDO Visayas       (14,472,342.75) Default
Next Generation Power Technology Corp. NEXTGEN Luzon         (2,306,926.57) Default, payment to be cleared 07.26.2022
Silay Solar Power, Inc. SILAYSPI Visayas         (1,178,398.26) Default, payment to be cleared 07.26.2022
Citicore Energy Solutions, Inc. CESIRES Luzon         (6,846,673.12) Default, payment to be cleared 07.26.2022
Bohol I Electric Cooperative, Inc. – Janopol Mini Hydro Power Coporation  JANOPOL Visayas                     (1.62) Default
Northwind Power Development Corporation (NORTHWIND_FIT) NORTHWIND_FIT Luzon            (457,915.12) Default
Northwind Power Development Corporation (NWPDC_FIT) NWPDC_FIT Luzon            (297,205.35) Default
Hawaiian-Philippine Company  HPCO Visayas            (293,044.59) Default
Sunwest Water and Electric Company 2, Inc. (SUWECO2_FIT) SUWECO2_FIT Visayas                   (55.48) Default
Amlan Hydroelectric Power Corporation AMLANHPC Visayas             (10,219.84) Default
People’s Energy Services, Inc.  PESI Luzon               (5,873.80) Default
SEM-CALACA RES CORPORATION SCRCRES Luzon            (548,478.29) Default, payment to be cleared 07.26.2022
Negros Oriental II Electric Cooperative NORECO2 Visayas                 (455.11) Default
Solar Philippines Tarlac Corporation  SOLARPHTC Luzon         (1,041,487.29) Default
Goodfound Cement Corporation GCC Luzon             (19,352.72) Default
Maibarara Geothermal, Inc. MGI Luzon         (8,799,376.33) Default, payment to be cleared 07.27.2022
NV Vogt Philippines Solar Energy Three Inc. NVVOGTARM Luzon            (142,960.13) Default, payment to be cleared 07.26.2022
NV Vogt Philippines Solar Energy Four Inc. NVVOGTDAL Luzon            (148,472.15) Default, payment to be cleared 07.26.2022
Greencore Power Solutions 3, Inc.  GPS3I Luzon            (202,591.99) Default, payment to be cleared 07.27.2022
Green Core Geothermal, Inc. GCGIRES Luzon             (16,575.58) Default
Oriental Energy and Power Generation Corporation OEPGC Visayas             (93,740.20) Default
PetroSolar Corporation (PETROSOLR_FIT) PETROSOLR_FIT Luzon            (313,340.10) Default
PETROSOLAR CORPORATION PETSOL Luzon             (78,030.96) Default
Shell Energy Philippines Inc. SEPHGES Luzon               (4,431.71) Default
Asian Carbon Neural Power Corp ACNPC_FIT Luzon               (2,322.22) Default, payment to be cleared 07.26.2022
Sta. Clara Power Corporation STACLARA Luzon               (4,539.70) Default
Bulacan Solar Energy Corp. BULACNSE_FIT Luzon                 (345.19) Default, payment to be cleared 07.26.2022
Central Negros Power Reliability, Inc.  CENPRI Visayas         (1,131,346.71) Default
Enfinity Philippines Renewable Resources Inc. (ENFINITY_FIT) ENFINITY_FIT Luzon                 (676.80) Default, payment to be cleared 07.26.2022
MAJAYJAY HYDROPOWER COMPANY, INC. (MHCI_FIT) MHCI_FIT Luzon               (3,548.92) Default
Camarines Sur II Electric Cooperative, Inc. CASURECO2 Luzon       (75,810,281.59) Default
CLEANGREEN ENERGY CORPORATION  CEC Luzon               (1,098.83) Default
TOTAL   (697,668,809.95)

 

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Serendra, Inc. (SRND01R)

      The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Serendra, Inc., with designated short name (SRND01R), notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Contestable Customer.

     IEMOP has confirmed the cessation of Serendra, Inc.’s WESM membership to be effective on 03 August 2022.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

18 July 2022, Pasig City, Philippines.