Summary of Unpaid Energy Settlement Amounts

As of February 29, 2024

Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                  (281,218,574.04) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                  (415,367,605.18) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                      (3,655,524.28) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                    (75,116,340.12) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                         (361,288.97) Default
GREEN FUTURE INNOVATIONS, INC. (GFII_FIT) GFII_FIT Luzon                      (1,358,577.17) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                           (13,283.68) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                           (44,698.54) Default
NATURES RENEWABLE ENERGY DEVT. CORPORATION (NAREDCO) NAREDCO Luzon                             (2,666.17) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                    (22,094,087.85) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas                      (1,086,480.96) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                         (126,181.50) Default
         (800,445,308.46)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Polytrade Sales & Services, Inc. (San Jose) (PSSI05R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Polytrade Sales & Services, Inc. (San Jose), with designated short name PSSI05R, 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 Polytrade Sales & Services, Inc. (San Jose)‘s WESM membership to be effective on 27 March 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

29 February 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

Summary of Unpaid Energy Settlement Amounts
As of February 26, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                    (284,531,092.55) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                    (445,524,418.99) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC Visayas                                    (611.45) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao                            (903,957.26) Default
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG Luzon                                (2,057.05) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                         (3,655,524.28) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                      (95,039,712.03) Default
CAGAYAN BIOMASS ENERGY CORPORATION (CBEC_FIT) CBEC_FIT Luzon                                        (4.30) Default
CLEANGREEN ENERGY CORPORATION (CEC) CEC Luzon                                    (151.22) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                            (361,288.97) Default
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO) DANECO Mindanao                         (5,674,510.20) To be cleared on February 27, 2024
FORT PILAR ENERGY, INC. (FPEI) FPEI Mindanao                                (5,382.29) Default
GREEN FUTURE INNOVATIONS, INC. (GFII_FIT) GFII_FIT Luzon                         (2,370,073.90) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon                            (383,415.78) To be cleared on February 27, 2024
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                              (13,283.68) Default
ISABEL ANCILLARY SERVICES CO. LTD (IASCO) IASCO Visayas                            (410,811.44) To be cleared on February 27, 2024
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                              (44,698.54) Default
NATURES RENEWABLE ENERGY DEVT. CORPORATION (NAREDCO) NAREDCO Luzon                                (2,666.17) Default
NORTH NEGROS BIOPOWER, INC. (NNBP) NNBP Visayas                            (249,052.73) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                      (22,094,087.85) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI Luzon                                (1,469.05) Default
POWERSOURCE PHILIPPINES ENERGY INC. (PPEI) PPEI Mindanao                         (7,241,615.13) Default
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI Visayas                         (1,088,278.36) Default
SOUTH NEGROS BIOPOWER, INC, (SNBP) SNBP Visayas                            (180,032.09) Default
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT Visayas                                (4,148.07) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                            (126,181.50) Default
ZAMBOANGA DEL NORTE ELECTRIC COOPERATIVE, INC. (ZANECO) ZANECO Mindanao                      (40,727,907.85) To be cleared on February 27, 2024
     (910,636,432.73)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Novabala JV Corp. (NBJVC1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Novabala JV Corp. (NBJVC1R), with designated short name NBJVC1R, 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 Novabala JV Corp. (NBJVC1R) WESM membership to be effective on 14 March 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

22 February 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF REGISTRATION IN THE WHOLESALE ELECTRICITY SPOT MARKET – CLEAR PLAS PACKAGING CORP. (CPPC01R)

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 CLEAR PLAS PACKAGING CORP., with designated short name CPPC01R, 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 CLEAR PLAS PACKAGING CORP.’s WESM membership to be effective on 08 March 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

19 February 2024, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – CEBU PRIVATE POWER CORPORATION AS ANCILLARY SERVICE PROVIDER – CATEGORY

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 Cebu Private Power Corporation has notified IEMOP on 29 January 2024 that it shall cease its membership in the WESM as Ancillary Service Provider (ASP) – Category.

IEMOP has confirmed the cessation of the Cebu Private Power Corporation (CPPCASP) ’s WESM membership to be effective on 02 March 2024. This notice is being issued pursuant to WESM Rules clause 2.6.3.

14 February 2024, Pasig City, Philippines.

NOTICE OF CESSATION OF REGISTRATION IN THE CRB – Pilipinas Shell Petroleum Corporation (PILISPC)

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 Pilipinas Shell Petroleum Corporation with designated short name PILISPC, notified IEMOP through its supplier that it shall cease its membership in the WESM as Indirect Member – Directly Connected Contestable Customer.

IEMOP has confirmed the cessation of Pilipinas Shell Petroleum Corporation’ WESM membership to be effective on 26 February 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

08 February 2024, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.

Summary of Unpaid Energy Settlement Amounts

As of January 31, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                    (284,610,991.43) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                    (428,335,687.36) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao                      (20,566,494.11) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                         (2,984,070.57) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                      (89,368,288.01) Default
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                            (361,288.97) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon                            (516,522.74) Paid on February 02, 2024
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                              (13,283.68) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                              (44,698.54) Default
NATURES RENEWABLE ENERGY DEVT. CORPORATION (NAREDCO) NAREDCO Luzon                            (685,998.62) Default
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC Luzon                                    (651.93) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                      (22,094,087.85) Default
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon                                    (852.25) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                            (126,181.50) Default
     (849,709,097.56)

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – CEBU PRIVATE POWER CORPORATION

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Cebu Private Power Corporation (CPPC) has notified IEMOP on 19 October 2023 that it shall cease its membership in the WESM as Direct WESM Member (Generation Company Category).

IEMOP has confirmed the cessation of the Cebu Private Power Corporation (CPPC) ’s WESM membership to be effective on 30 January 2024.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

28 January 2024, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.

Summary of Unpaid Energy Settlement Amounts

As of January 25, 2024
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO Luzon                    (286,968,133.20) Default
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO Luzon                    (430,163,198.65) Default
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC Visayas                                    (810.50) Default
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT Mindanao                      (20,980,024.05) Default
BOHOL LIGHT COMPANY, INC. (BLCI) BLCI Visayas                         (1,279,200.98) to be cleared on January 26, 2024
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG Luzon                                (2,384.13) Default
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI Luzon                         (3,675,836.89) Default
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 Luzon                    (136,013,801.24) Default
CLEANGREEN ENERGY CORPORATION (CEC) CEC Luzon                                    (321.80) Default
CITICORE RENEWABLE ENERGY CORPORATION (CSCLARK_FIT) CSCLARK_FIT Luzon                              (94,445.51) to be cleared on January 26, 2024
COSMO SOLAR ENERGY, INC. (CSEI) CSEI Visayas                            (361,288.97) Default
DAVAO ORIENTAL ELECTRIC COOPERATIVE, INC. (DORECO) DORECO Mindanao                         (8,593,670.20) to be cleared on January 26, 2024
FDC RETAIL ELECTRICITY SALES CORPORATION (FDCRESC) FDCRESC Luzon                      (49,585,673.82) to be cleared on January 26, 2024
FIRST FARMERS HOLDING CORPORATION (FFHC_FIT) FFHC_FIT Visayas                                (4,664.38) Default
FIRST BUKIDNON ELECTRIC COOPERATIVE, INC. (FIBECO) FIBECO Mindanao                      (13,993,752.77) to be cleared on January 26, 2024
FIRST SOLAR ENERGY CORP. (FSOLEQ_FIT) FSOLEQ_FIT Visayas                                    (351.92) Default
CITICORE SOLAR CEBU, INC. (FTOLEDO) FTOLEDO Visayas                                    (637.52) Default
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT_FIT) GIFT_FIT Luzon                            (363,513.53) to be cleared on January 26, 2024
GREEN INNOVATIONS FOR TOMORROW CORPORATION (GIFT2_FIT) GIFT2_FIT Luzon                            (142,511.79) to be cleared on January 26, 2024
GN POWER LTD. CO. (GNPLCRES) GNPLCRES Luzon                      (20,668,444.18) Default
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I Luzon                            (516,522.74) Default
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT Mindanao                              (13,283.68) Default
HELIOS SOLAR ENERGY CORP. (HELIOS_FIT) HELIOS_FIT Visayas                                (1,371.27) Default
ILOCOS NORTE ELECTRIC COOPERATIVE, INC. (INEC) INEC Luzon                      (18,445,930.57) Default
MIRAE ASIA ENERGY CORPORATION (MAEC_FIT) MAEC_FIT Luzon                                    (261.08) Default
MCCI CORPORATION (MCCI) MCCI Mindanao                                (5,060.99) Default
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI Mindanao                              (44,698.54) Default
NATURES RENEWABLE ENERGY DEVT. CORPORATION (NAREDCO) NAREDCO Luzon                            (685,998.62) Default
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN Luzon                                    (197.46) Default
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC Luzon                                    (651.93) Default
PANAY ELECTRIC COMPANY, INC. (PECO) PECO Visayas                      (22,094,087.85) Default
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI Luzon                                (6,453.31) Default
POWERSOURCE PHILIPPINES ENERGY INC. (PPEI) PPEI Mindanao                                      (66.73) Default
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI Visayas                                    (288.67) Default
SOLARACE1 ENERGY CORP. (SOLARACE1) SOLARACE1 Luzon                            (755,171.67) Default
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL_FIT) SOLARPHIL_FIT Luzon                            (354,165.92) to be cleared on January 26, 2024
SOLAR PHILIPPINES TARLAC CORPORATION (SOLARPHTC) SOLARPHTC Luzon                            (375,094.81) to be cleared on January 26, 2024
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT Visayas                            (350,865.59) Default
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES Luzon                            (126,181.50) Default
WESTERN MINDANAO POWER CORPORATION (WMPC) WMPC Mindanao                            (310,528.31) to be cleared on January 26, 2024
ZAMBALES II ELECTRIC COOPERATIVE, INC. (ZAMECO2) ZAMECO2 Luzon                      (25,915,665.31) to be cleared on January 26, 2024
  (1,042,895,212.58)