Year: 2025

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – THERMA POWER – VISAYAS, INC. (TPVI)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Therma Power – Visayas, Inc. has notified IEMOP on 21 February 2025 that it shall cease its membership in the WESM as Direct WESM Member – (Generation Company Category) and as Ancillary Service Provider (ASP) – Category.

 

IEMOP has confirmed the cessation of the Therma Power – Visayas, Inc.’s WESM membership to be effective on 10 May 2025.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

15 April 2025, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

Summary of Unpaid Energy Settlement Amounts
As of March 31, 2025
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO LUZON                    (286,770,640.18)
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO LUZON                    (629,823,216.30)
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT MINDANAO                                     (46.40)
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI LUZON                        (7,954,989.69)
CAMARINES SUR III ELECTRIC COOPERATIVE, INC. (CASURECO3) CASURECO3 LUZON                        (6,602,619.66)
COSMO SOLAR ENERGY, INC. (CSEI) CSEI LUZON                           (361,202.70)
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (NORDECO) NORDECO MINDANAO                    (278,357,665.63)
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I VISAYAS                        (1,176,609.48)
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT MINDANAO                             (13,283.68)
IRAYA VENTURES, INC. (IVIUPPER) IVIUPPER VISAYAS                      (22,166,814.89)
KRATOS RES, INC. (KRATOSRES) KRATOSRES LUZON                      (90,090,050.55)
MCCI CORPORATION (MCCI) MCCI MINDANAO                           (819,283.10)
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI MINDANAO                             (44,698.54)
PANAY ELECTRIC COMPANY, INC. (PECO) PECO LUZON                      (22,094,087.85)
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI VISAYAS                        (8,811,951.19)
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI LUZON                      (79,479,372.60)
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES LUZON                           (126,181.50)
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 MINDANAO                      (91,771,621.68)
   (1,526,464,335.62)

Summary of Unpaid Energy Settlement Amounts

As of March 25, 2025
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO LUZON (286,973,576.17)
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO LUZON (696,222,791.16)
ALSONS POWER SUPPLY CORPORATION (ALSONSRES) ALSONSRES MINDANAO  (5,064,822.08) To be cleared on March 26, 2025
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC LUZON (40,273.90)
BIOTECH FARMS, INC. (BFI_FIT) BFI_FIT MINDANAO (46.40)
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG LUZON (7,350.70)
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI LUZON (7,954,989.69)
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 LUZON (51,039,105.58)
CAMARINES SUR III ELECTRIC COOPERATIVE, INC. (CASURECO3) CASURECO3 LUZON (12,051,748.30)
CLEANGREEN ENERGY CORPORATION (CEC) CEC LUZON (296.38)
COTABATO LIGHT & POWER COMPANY (CLPC) CLPC MINDANAO  (4,147.84)
COLASI MINI HYDRO ELECTRIC POWER PLANT CORPORATION (CMHEPPC) CMHEPPC VISAYAS (5,905.74)
CEBU PRIVATE POWER CORPORATION (CPPC) CPPC LUZON (2.18)
CRYSTAL SUGAR COMPANY, INC. (CSCI) CSCI MINDANAO  (42,929.29) To be cleared on March 26, 2025
COSMO SOLAR ENERGY, INC. (CSEI) CSEI LUZON (361,202.70)
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO) DANECO MINDANAO  (314,140,118.50)
DAVAO ORIENTAL ELECTRIC COOPERATIVE, INC. (DORECO) DORECO MINDANAO (165,391.61)
EURO HYDRO POWER (ASIA) HOLDINGS, INC. (EUROHYDRO) EUROHYDRO MINDANAO (17,421.54)
EURO HYDRO POWER (ASIA) HOLDINGS, INC. (EUROHYDRO_FIT) EUROHYDRO_FIT MINDANAO  (33,417.89)
FORT PILAR ENERGY, INC. (FPEI) FPEI MINDANAO (15,713.64) To be cleared on March 26, 2025
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I VISAYAS  (1,176,609.48)
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT MINDANAO  (13,283.68)
IRAYA VENTURES, INC. (IVIUPPER) IVIUPPER VISAYAS  (22,630,855.63)
JOY-NOSTALG SOLARIS INCORPORATED (JNSI) JNSI LUZON  (873.27)
KRATOS RES, INC. (KRATOSRES) KRATOSRES LUZON  (91,646,388.35)
LIBERTAD POWER AND ENERGY CORPORATION (LPEC) LPEC MINDANAO (194,975.17) To be cleared on March 26, 2025
MCCI CORPORATION (MCCI) MCCI MINDANAO  (819,283.10)
MABUHAY ENERGY CORPORATION  (MECORES) MECORES LUZON  (14,192,879.77)
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI MINDANAO  (44,698.54)
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN LUZON (106.35)
NORTHERN RENEWABLES GENERATION CORPORATION (NR_FIT) NR_FIT LUZON  (112.98)
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC VISAYAS  (379.55)
PANGASINAN III ELECTRIC COOPERATIVE, INC. (PANELCO3) PANELCO3 LUZON  (33,733,796.17)
PANAY ELECTRIC COMPANY, INC. (PECO) PECO LUZON (22,094,087.85)
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI LUZON   (75.17)
PAVI GREEN BATAAN RENEWABLE ENERGY INC. (PGBREI) PGBREI VISAYAS  (57,075.49)
REALSTEEL CORPORATION (REALSTEEL) REALSTEEL VISAYAS (11,590,231.31) To be cleared on March 26, 2025
SAMAR II ELECTRIC COOPERATIVE, INC. (SAMELCO2) SAMELCO2 LUZON  (5,709,320.84) To be cleared on March 26, 2025
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI VISAYAS  (8,813,190.53)
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI LUZON  (80,478,217.40)
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL_FIT) SOLARPHIL_FIT LUZON  (699,765.29)
SPARC-SOLAR POWERED AGRI-RURAL COMMUNITIES CORP. (SPARC_FIT) SPARC_FIT LUZON   (36,382.54) To be cleared on March 26, 2025
SPARC-SOLAR POWERED AGRI-RURAL COMMUNITIES CORPORATION (SPARC2) SPARC2 LUZON  (33,224.75) To be cleared on March 26, 2025
SPARC-SOLAR POWERED AGRI-RURAL COMMUNITIES CORPORATION (SPARC3) SPARC3 LUZON  (27,118.81) To be cleared on March 26, 2025
SOLAR TANAUAN CORPORATION (STC) STC VISAYAS  (106,369.37)
SUNWEST WATER AND ELECTRIC COMPANY 2, INC. (SUWECO2_FIT) SUWECO2_FIT LUZON  (43,566.11) To be cleared on March 26, 2025
TERASU ENERGY INC. (TERASU) TERASU LUZON  (11,970.27)
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT LUZON   (430,566.24)
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES LUZON  (126,181.50)
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 MINDANAO   (92,021,133.46)
 (1,760,873,970.26)

Notice of Deregistration of Bacolod Brewery

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 San Miguel Corporation (SMC) has notice to IEMOP that it shall deregister Bacolod Brewery facility from its portfolio. SMC remains to be registered WESM member as it has other WESM-registered facility.

IEMOP has confirmed the deregistration of the Bacolod Brewery facility to be effective on 26 March 2025. This notice is being issued pursuant to WESM Rules clause 2.6.3.

 

26 March 2025, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF REGISTRATION IN THE CENTRAL REGISTRATION BODY (CRB) – Just Textile Finishing Corporation (JTFC01R, JTFC02R and JTFC03R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Just Textile Finishing Corporation, with designated short names JTFC01R, JTFC02R and JTFC03R, notified IEMOP through its supplier that it shall cease its registration in the Central Registration Body (CRB) as Contestable Customer.

IEMOP has confirmed the cessation of Just Textile Finishing Corporation‘s facility in the Central Registration Body (CRB) to be effective on 12 April 2025.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

25 March 2025, Pasig City, Philippines.

 

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE RENEWABLE ENERGY MARKET (REM) – Central Negros Electric Cooperative, Inc (CENECO)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the RE Registrar of the Renewable Energy Market (REM), gives notice that Central Negros Electric Cooperative, Inc. with designated short name CENECO, notified IEMOP that it shall cease its membership in the REM as Mandated Participant – Electric Cooperative with Voluntary RE Facilities.

IEMOP has confirmed the cessation of Central Negros Electric Cooperative, Inc.’s REM membership to be effective on 21 March 2025.  This notice is being issued pursuant to REM Rules clause 1.2.1.2 (f).

12 March 2025, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

NOTICE OF CESSATION OF MEMBERSHIP IN THE WHOLESALE ELECTRICITY SPOT MARKET – Calveston International Inc. (CLVST1R)

The Independent Electricity Market Operator of the Philippines (IEMOP), as the market operator of the Philippine Wholesale Electricity Spot Market (WESM), gives notice that Calveston International Inc., with designated short name CLVST1R, 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 Calveston International Inc.‘s WESM membership to be effective on 27 March 2025.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

10 March 2025, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES

Summary of Unpaid Energy Settlement Amounts

As of February 28, 2025
Market Participant Short Name Region Amount
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO LUZON (284,018,750.15)
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO LUZON (655,633,488.36)
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI LUZON (7,954,989.69)
CAMARINES SUR III ELECTRIC COOPERATIVE, INC. (CASURECO3) CASURECO3 LUZON (2,709,447.52)
COSMO SOLAR ENERGY, INC. (CSEI) CSEI VISAYAS (361,202.70)
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO) DANECO MINDANAO (280,705,662.95)
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT MINDANAO (13,283.68)
KRATOS RES, INC. (KRATOSRES) KRATOSRES LUZON (74,476,135.29)
MCCI CORPORATION (MCCI) MCCI MINDANAO (815,166.61)
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI MINDANAO (44,698.54)
PANAY ELECTRIC COMPANY, INC. (PECO) PECO VISAYAS (22,094,087.85)
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI VISAYAS (8,603,105.35)
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES VISAYAS (126,181.50)
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 MINDANAO  (84,215,514.51)
(1,421,771,714.70)

Summary of Unpaid Energy Settlement Amounts

Summary of Unpaid Energy Settlement Amounts
As of February 25, 2025
Market Participant Short Name Region Amount Remarks
ABRA ELECTRIC COOPERATIVE, INC. (ABRECO) ABRECO LUZON                    (284,728,376.30)
ALBAY ELECTRIC COOPERATIVE, INC. (ALECO) ALECO LUZON                    (665,067,616.30)
AMLAN HYDROELECTRIC POWER CORPORATION (AMLANHPC) AMLANHPC VISAYAS                              (42,302.37)
BOSUNG SOLARTEC INC. (BOSUNG) BOSUNG LUZON                              (21,134.49)
CENTRAL AZUCARERA DON PEDRO, INC. (CADPI) CADPI LUZON                         (7,954,989.69)
CAMARINES SUR II ELECTRIC COOPERATIVE, INC. (CASURECO2) CASURECO2 LUZON                            (314,024.94)
CAMARINES SUR III ELECTRIC COOPERATIVE, INC. (CASURECO3) CASURECO3 LUZON                         (9,167,777.20)
CLEANGREEN ENERGY CORPORATION (CEC) CEC LUZON                                    (576.29)
COLASI MINI HYDRO ELECTRIC POWER PLANT CORPORATION (CMHEPPC) CMHEPPC LUZON                              (51,466.93)
COSMO SOLAR ENERGY, INC. (CSEI) CSEI VISAYAS                            (361,202.70)
NORTHERN DAVAO ELECTRIC COOPERATIVE, INC. (DANECO) DANECO MINDANAO                    (282,070,592.74)
DAGOHOY GREEN ENERGY CORPORATION (DGEC) DGEC VISAYAS                            (403,225.04)
DAVAO ORIENTAL ELECTRIC COOPERATIVE, INC. (DORECO) DORECO MINDANAO                            (224,968.79)
FCF MINERALS CORPORATION (FCFMC) FCFMC LUZON                            (392,867.81)
FORT PILAR ENERGY, INC. (FPEI) FPEI MINDANAO                                (3,668.93) to be cleared on February 26, 2025
CITICORE SOLAR CEBU, INC. (FTOLEDO) FTOLEDO VISAYAS                      (10,778,686.56)
GREENCORE POWER SOLUTIONS 3, INC. (GPS3I) GPS3I LUZON                         (1,869,388.23)
GREEN EARTH ENERSOURCE CORPORATION  (GREENEEC_FIT) GREENEEC_FIT MINDANAO                              (13,283.68)
HYPERGREEN ENERGY CORPORATION (HGEC) HGEC LUZON                                    (612.62)
KRATOS RES, INC. (KRATOSRES) KRATOSRES LUZON                    (112,153,714.13)
LINDE PHILIPPINES INC. (LINDE) LINDE LUZON                            (151,724.41)
LIBERTAD POWER AND ENERGY CORPORATION (LPEC) LPEC MINDANAO                         (1,848,441.00) to be cleared on February 26, 2025
MCCI CORPORATION (MCCI) MCCI MINDANAO                            (818,635.32)
MABUHAY ENERGY CORPORATION  (MECORES) MECORES LUZON                         (7,602,817.26)
MENZI AGRICULTURAL CORPORATION (MENZI) MENZI MINDANAO                              (44,698.54)
MINDANAO ENERGY SYSTEMS, INC. (MINERGY) MINERGY MINDANAO                                (2,051.89) to be cleared on February 26, 2025
MISAMIS OCCIDENTAL II ELECTRIC COOPERATIVE, INC. (MOELCI2) MOELCI2 MINDANAO                      (16,494,497.18) to be cleared on February 26, 2025
CITICORE SOLAR BATAAN, INC. (NEXTGEN) NEXTGEN LUZON                         (3,789,141.72)
NUEVO SOLAR ENERGY CORP. (NSEC) NSEC LUZON                                (1,503.63)
ORIENTAL ENERGY AND POWER GENERATION CORPORATION (OEPGC) OEPGC VISAYAS                            (629,664.68)
PANGASINAN III ELECTRIC COOPERATIVE, INC. (PANELCO3) PANELCO3 LUZON                      (21,196,714.42)
PANAY ELECTRIC COMPANY, INC. (PECO) PECO VISAYAS                      (22,094,087.85)
PEOPLE’S ENERGY SERVICES, INC. (PESI) PESI LUZON                                    (298.64)
REALSTEEL CORPORATION (REALSTEEL) REALSTEEL LUZON                      (12,673,564.88) to be cleared on February 26, 2025
SAN CARLOS BIOENERGY, INC. (SCBI) SCBI VISAYAS                         (8,608,773.32)
SAN CARLOS BIOPOWER, INC. (SCBIOPOWR) SCBIOPOWR VISAYAS                            (348,313.25)
SHIZEN, INC. (SHIZEN) SHIZEN LUZON                            (658,508.55)
CITICORE SOLAR NEGROS OCCIDENTAL, INC. (SILAYSPI) SILAYSPI VISAYAS                      (84,445,148.02)
SAN JOSE GREEN ENERGY CORPORATION (SJGEC) SJGEC LUZON                            (314,208.13)
SOLAR PHILIPPINES CALATAGAN CORPORATION (SOLARPHIL_FIT) SOLARPHIL_FIT LUZON                         (1,358,075.04)
STA. CLARA POWER CORPORATION (STACLARA) STACLARA LUZON                              (33,877.00) to be cleared on February 26, 2025
STA. CLARA POWER CORPORATION (STACLARA2_FIT) STACLARA2_FIT VISAYAS                                (2,665.99) to be cleared on February 26, 2025
TERASU ENERGY INC. (TERASU) TERASU LUZON                              (65,357.52) to be cleared on February 26, 2025
UNIVERSAL ROBINA CORPORATION (URC_FIT) URC_FIT VISAYAS                            (564,008.25)
WATERFRONT MACTAN CASINO AND HOTEL, INC (WAHCRES) WAHCRES VISAYAS                            (126,181.50)
ZAMBOANGA DEL SUR II ELECTRIC COOPERATIVE, INC. (ZAMSUREC2) ZAMSUREC2 MINDANAO                      (89,328,125.15)
  (1,648,821,558.88)

NOTICE OF CESSATION OF REGISTRATION IN THE WHOLESALE ELECTRICITY SPOT MARKET – Mets Logistics, Inc. (METSL4R)

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 Mets Logistics, Inc., with designated short name METSL4R, 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 Mets Logistics, Inc.’s WESM membership to be effective on 09 March 2025.  This notice is being issued pursuant to WESM Rules clause 2.6.3.

14 February 2025, Pasig City, Philippines.

INDEPENDENT ELECTRICITY MARKET OPERATOR OF THE PHILIPPINES INC.