Year: 2024

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – BDO Unibank, Inc. (BDOUI5R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that BDO Unibank, Inc., with designated short name BDOUI5R, 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 BDO Unibank, Inc.‘s WESM membership to be effective on 20 June 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

03 June 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of May 27, 2024

Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                    (278,823,838.14) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                    (672,519,581.47) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC Visayas                              (16,941.63) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao                                (2,905.46) Default
BOHOL LIGHT COMPANY, INC. (BLCI) BLCI Visayas                      (47,787,138.86) Default
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG Luzon                                (3,496.41) Default
BOHECO I  SEVILLA MINI HYDRO CORP. (BSMHC) BSMHC Visayas                                    (421.67) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                         (5,781,070.80) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                    (265,398,667.69) Default
CAMARINES SUR III ELECTRIC COOPERATIVE, INC. (CASURECO3) CASURECO3 Luzon                      (14,360,832.08) Default
CAGAYAN BIOMASS ENERGY CORPORATION (CBEC_FIT) CBEC_FIT Luzon                                        (1.15) Default
COTABATO SUGAR CENTRAL COMPANY, INC. (CSCCI) CSCCI Mindanao                      (12,278,792.65) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                            (361,288.97) Default
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO DANECO Mindanao                            (176,020.66) Default
CITICORE SOLAR CEBU, INC. (FTOLEDO) FTOLEDO Visayas                                    (226.36) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon                            (744,142.53) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                              (13,283.68) Default
HYDROCORE CORP. (HCC) HCC Luzon                              (33,365.38) Default
HELIOS SOLAR ENERGY CORP. (HELIOS_FIT) HELIOS_FIT Visayas                                (6,145.21) Default
HAWAIIAN-PHILIPPINE COMPANY (HPCO) HPCO Visayas                                (1,188.34) Default
ISABEL ANCILLARY SERVICES CO. LTD (IASCO) IASCO Visayas                              (29,875.16) Default
MCCI CORPORATION (MCCI) MCCI Mindanao                            (263,485.88) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                              (44,698.54) Default
NORTH BUKIDNON POWER CORPORATION (NBPC) NBPC Mindanao                                    (297.53) To be cleared on May 28, 2024
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN Luzon                                      (44.51) Default
NORTHERN NEGROS ELECTRIC COOPERATIVE, INC. (NONECO) NONECO Visayas                    (136,403,974.22) Default
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC Luzon                                    (160.04) Default
CITICORE SOLAR TARLAC 1, INC. (NVVOGTARM) NVVOGTARM Luzon                                        (1.13) Default
CITICORE SOLAR TARLAC 2, INC. (NVVOGTDAL) NVVOGTDAL Luzon                                        (5.57) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                      (22,094,087.85) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI Luzon                              (25,799.89) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas                         (4,529,213.29) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI Visayas                                    (105.14) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon                                    (188.07) Default
SUNWEST WATER AND ELECTRIC COMPANY 2, INC. (SUWECO2_FIT) SUWECO2_FIT Visayas                            (121,559.85) Default
LABAYAT 1 HYDROPOWER CORPORATION (UPLAB1) UPLAB1 Luzon                      (11,813,948.79) Default
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT Visayas                              (26,365.01) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                            (126,181.50) Default
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 Mindanao                      (27,665,223.14) Default
  (1,501,454,564.25)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Baxter Healthcare Philippines, Inc. (BHCPI1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Baxter Healthcare Philippines, Inc., with designated short name BHCPI1R, 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 Baxter Healthcare Philippines, Inc.‘s WESM membership to be effective on 05 June 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

20 May 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of April 30, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon (280,290,244.25) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon  (507,019,524.23) Default
BEHMC Lower Labayat Hydropower Corp. (BEHMCLLHC) BEHMCLLHC Luzon  (4,057,515.84) to be cleared on May 03, 2024
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon (4,953,828.64) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon (105,917,804.54) Default
CLEANGREEN ENERGY CORPORATION (CEC) CEC Luzon  (2.19) to be cleared on May 02, 2024
COTABATO SUGAR CENTRAL COMPANY, INC. (CSCCI) CSCCI Mindanao   (12,278,792.65) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas  (361,288.97) Default
GIGASOL3, INC. (GIGASOL3) GIGASOL3 Luzon (0.12) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao  (13,283.68) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao (44,698.54) Default
NORTH NEGROS BIOPOWER, INC. (NNBP) NNBP Visayas (200,677.09) to be cleared on May 02, 2024
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas (22,094,087.85) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas (2,975,338.56) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon (920,798.85) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon (126,181.50) Default
      (941,254,067.50)

Summary of Unpaid Energy Settlement Amounts

 

As of April 25, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon     (281,561,163.41) Default
ABSOLUT DISTILLERS INC. (ABSOLUTDI_FIT) ABSOLUTDI_FIT Luzon (45.82) Default
AC ENERGY AND INFRASTRUCTURE CORPORATION (ACERES) ACERES Luzon (6,159.23) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon (540,332,310.26) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC Visayas (44,867.35) Default
ASIA PACIFIC ENERGY CORPORATION (APEC) APEC Luzon (3,290.75) Default
BEHMC Lower Labayat Hydropower Corp. (BEHMCLLHC) BEHMCLLHC Luzon (5,661,521.28) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao (254.21) Default
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG Luzon (601.39) Default
BATAAN 2020 POWER VENTURES INC. (BTN2020_FIT) BTN2020_FIT Luzon (26.23) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon (4,953,828.64) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon  (132,057,995.11) Default
CLEANGREEN ENERGY CORPORATION (CEC) CEC Luzon (5.61) Default
COTABATO SUGAR CENTRAL COMPANY, INC. (CSCCI) CSCCI Mindanao  (12,279,855.93) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas  (361,288.97) Default
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO) DANECO Mindanao  (1,714,130.86) Default
FIRST BUKIDNON ELECTRIC COOPERATIVE, INC. (FIBECO) FIBECO Mindanao    (16,595,571.23) To be cleared on April 26, 2024
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT2_FIT) GIFT2_FIT Luzon (96.60) Default
GIGASOL3, INC. (GIGASOL3) GIGASOL3 Luzon (218.53) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon  (192,661.57) To be cleared on April 26, 2024
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao (13,283.68) Default
HAWAIIAN-PHILIPPINE COMPANY (HPCO) HPCO Visayas (2,410.48) Default
INGRID POWER HOLDINGS, INC. (IPHI1) IPHI1 Luzon (10.76) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao  (44,698.54) Default
MINERGY POWER CORPORATION (MINPOWCOR) MINPOWCOR Mindanao (4.04) Default
MISAMIS OCCIDENTAL II ELECTRIC COOPERATIVE, INC. (MOELCI2) MOELCI2 Mindanao (684.85) Default
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN Luzon (115.87) Default
NEGROS ISLAND SOLAR POWER INC. (NISPI) NISPI Visayas (55.44) Default
NEGROS ISLAND SOLAR POWER INC. (NISPI2) NISPI2 Visayas (98.89) Default
NORTH NEGROS BIOPOWER, INC. (NNBP) NNBP Visayas  (501,965.09) Default
NORTHERN NEGROS ELECTRIC COOPERATIVE, INC. (NONECO) NONECO Visayas  (6,586,743.90) Default
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC Luzon (418.09) Default
PANGASINAN III ELECTRIC COOPERATIVE, INC. (PANELCO3) PANELCO3 Luzon (51,893,830.27) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas  (22,094,087.85) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI Luzon  (6,401.63) Default
REPUBLIC CEMENT & BUILDING MATERIALS, INC. (RCBMI) RCBMI Luzon (420.42) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas  (2,975,338.56) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI Visayas (6.69) Default
SOUTH NEGROS BIOPOWER, INC, (SNBP) SNBP Visayas   (764,092.76) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon  (920,798.85) Default
STA. CLARA POWER CORPORATION (STACLARA) STACLARA Visayas (32,441.55) Default
TAFT HYDROENERGY CORPORATION (TAFTHEC) TAFTHEC Visayas  (184,712.81) Default
LABAYAT 1 HYDROPOWER CORPORATION (UPLAB1) UPLAB1 Luzon  (47,271.92) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon  (126,181.50) Default
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 Mindanao  (38,578,807.94) To be cleared on April 26, 2024
ZAMBOANGA DEL NORTE ELECTRIC COOPERATIVE, INC. (ZANECO) ZANECO Mindanao  (38,855,824.87) To be cleared on April 26, 2024
  (1,159,396,600.23)

NOTICE OF CESSATION OF REGISTRATION IN THE WHOLESALE ELECTRICITY SPOT MARKET – EMS Land Services Inc. (EMSLS2R)

The Independent Electricity Market Operator of the Philippines Inc. (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that EMS Land Services Inc., with designated short name EMSLS2R, notified IEMOP through its supplier that it shall cease its registration in the WESM as Indirect Member – Contestable Customer.

 

IEMOP has confirmed the cessation of EMS Land Services Inc.’s WESM membership to be effective on 12 May 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

17 April 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.

Summary of Unpaid Energy Settlement Amounts

Summary of Unpaid Energy Settlement Amounts
As of March 27, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                    (278,775,106.49) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                    (420,629,281.16) Default
AMIHAN RENEWABLE ENERGY CORP. (AREC) AREC LUZON                              (43,809.00) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                        (4,245,464.62) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                      (69,298,927.98) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                            (361,288.97) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon                              (94,351.63) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                              (13,283.68) Default
HYPERGREEN ENERGY CORPORATION (HGEC) HGEC Luzon                            (211,308.25) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                              (44,698.54) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                      (22,094,087.85) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas                        (1,829,676.80) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon                            (382,007.04) Default
VICTORIAS MILLING COMPANY, INC. (VMC) VMC Visayas                              (16,490.55) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                            (126,181.50) Default
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 Mindanao                      (20,835,398.78) to be cleared on April 01, 2024
                   (819,001,362.84)

Summary of Unpaid Energy Settlement Amounts

As of March 25, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon (281,635,513.48) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon    (420,653,685.63) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC Visayas  (179,771.93) Default
ASIA PACIFIC ENERGY CORPORATION (APEC) APEC Luzon (2,240.43) Default
AMIHAN RENEWABLE ENERGY CORP. (AREC) AREC LUZON (43,809.00) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao (49.37) Default
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG Luzon  (114.22) Default
BOHECO I  SEVILLA MINI HYDRO CORP. (BSMHC) BSMHC Visayas (3,751.32) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon  (4,246,461.32) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon  (82,242,304.87) Default
CLEANGREEN ENERGY CORPORATION (CEC) CEC Luzon (17.95) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas (361,288.97) Default
FIRST SOLAR ENERGY CORP. (FSOLEQ_FIT) FSOLEQ_FIT Visayas  (330.53) Default
CITICORE SOLAR CEBU, INC. (FTOLEDO) FTOLEDO Visayas                                    (551.50) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT_FIT) GIFT_FIT Luzon (19.03) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT2_FIT) GIFT2_FIT Luzon (106.45) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon (94,351.63) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao (13,283.68) Default
HELIOS SOLAR ENERGY CORP. (HELIOS_FIT) HELIOS_FIT Visayas (1,321.88) Default
HYPERGREEN ENERGY CORPORATION (HGEC) HGEC Luzon (216,496.71) Default
HAWAIIAN-PHILIPPINE COMPANY (HPCO) HPCO Visayas (16,652.08) Default
ISABEL ANCILLARY SERVICES CO. LTD (IASCO) IASCO Visayas  (106,785.47) Default
KRATOS RES, INC. (KRATOSRES) KRATOSRES Luzon  (31,389,729.35) To be cleared on March 26, 2024
MIRAE ASIA ENERGY CORPORATION (MAEC_FIT) MAEC_FIT Luzon (270.19) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao (44,698.54) Default
NEW TECH PULP, INC. (NEWTECH) NEWTECH Mindanao  (3,406,660.79) Default
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN Luzon  (237.93) Default
NORTHERN RENEWABLES GENERATION CORPORATION (NR_FIT) NR_FIT Luzon (964.81) Default
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC Luzon  (844.65) Default
PANGASINAN III ELECTRIC COOPERATIVE, INC. (PANELCO3) PANELCO3 Luzon  (43,703,151.46) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas  (22,094,087.85) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI Luzon (1,260.75) Default
PETROWIND ENERGY INC. (PWEI_FIT) PWEI_FIT Visayas (364.35) Default
REALSTEEL CORPORATION (REALSTEEL) REALSTEEL LUZON   (2,928,919.09) To be cleared on March 26, 2024
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas   (1,829,676.80) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI Visayas (286.06) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL_FIT) SOLARPHIL_FIT Luzon (422.36) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon  (382,007.04) Default
STA. CLARA POWER CORPORATION (STACLARA2_FIT) STACLARA2_FIT Visayas (17.25) Default
UNITED PULP AND PAPER CO., INC. (UPPCGEN) UPPCGEN Luzon  (14,812,041.10) To be cleared on March 26, 2024
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT Visayas (3,837.31) Default
VICTORIAS MILLING COMPANY, INC. (VMC) VMC Visayas (16,490.55) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon  (126,181.50) Default
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 Mindanao  (25,791,926.52) Default
ZAMBOANGA DEL NORTE ELECTRIC COOPERATIVE, INC. (ZANECO) ZANECO Mindanao  (16,388,820.44) To be cleared on March 26, 2024
    (952,741,804.14)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Unilever Philippines, Inc. (ULPI01R and ULPI02R)

            The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that the two (2) facilities of Unilever Philippines, Inc . with designated short names ULPI01R and ULPI02R 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 two (2) facilities of Unilever Philippines, Inc.’s WESM membership to be effective on 10 April 2024.  This notice is being issued pursuant to  WESM Rules clause 2.6.3.

 

         13 March 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Rizal Commercial Banking Corporation (RZCBC1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Rizal Commercial Banking Corporation, with designated short name RZCBC1R, 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 Rizal Commercial Banking Corporation‘s WESM membership to be effective on 03 April 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

07 March 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES