Pemc

Pemc company information, Employees & Contact Information

Explore related pages

Related company profiles:

WE ARE PEMC The Philippine Electricity Market Corporation (PEMC) is a non-stock, non-profit corporation incorporated in November 2003 upon the initiative of the Department of Energy (DOE) with representatives from the various sectors of the electric power industry. The PEMC served as the autonomous group market operator and governing body of the Philippine Wholesale Electricity Spot Market (WESM) in over ten (10) years. The WESM is a centralized venue for buyers and sellers to trade electricity as a commodity where its prices are determined based on actual use (demand) and availability (supply). It was created pursuant to Republic Act 9136, also known as the Electric Power Industry Reform Act (EPIRA) of 2001. The WESM began commercial operations in Luzon in June 2006 and in the Visayas in December 2010. OUR ROLE The EPIRA mandated the formation of an independent entity to which the market operator functions, assets, and liabilities will be transferred. With this, the Department of Energy (DOE), along with the electric power industry market participants, endorsed the transfer of the WESM operations from PEMC to the Independent Electricity Market Operator of the Philippines (IEMOP) on 26 September 2018. The PEMC remains as the governing body of the WESM primarily through the PEM Board of Directors and the WESM Governance Committees. PEMC’s role is to remain steadfast and proactive in its mission to ensure that there is POWER, EFFICIENCY, MARKET, and COMPETITION in the energy industry through the effective and efficient governance of the WESM.

Company Details

Employees
164
Founded
-
Address
Adb Avenue Corner Poveda Street, Ortigas Center, 18th Floor,robinsons Equitable Tower,philippines
Phone
+63 286318734
Email
pe****@****wesm.ph
Industry
Oil And Gas
NAICS
Oil and Gas Extraction
Website
wesm.ph
HQ
Pasig City , Philippines
Looking for a particular Pemc employee's phone or email?

Pemc Questions

News

Razon-led Primelectric names ex-IEMOP chief as new COO - BusinessWorld - BusinessWorld Online

Razon-led Primelectric names ex-IEMOP chief as new COO BusinessWorld - BusinessWorld Online

WESM prices fall 34% in September to 7-month low - Power Philippines

WESM prices fall 34% in September to 7-month low Power Philippines

WESM boosts Mindanao power reliability, draws new energy investments: DOE - SunStar Publishing Inc.

WESM boosts Mindanao power reliability, draws new energy investments: DOE SunStar Publishing Inc.

WESM rates ease in May on higher supply - Philstar.com

WESM rates ease in May on higher supply Philstar.com

WESM prices tipped to rise, but summer demand ‘tamer’ - Inquirer.net

WESM prices tipped to rise, but summer demand ‘tamer’ Inquirer.net

WESM prices surge in March amid forced outages ahead of summer - Manila Bulletin

WESM prices surge in March amid forced outages ahead of summer Manila Bulletin

April WESM rates decline on higher supply margin - BusinessWorld - BusinessWorld Online

April WESM rates decline on higher supply margin BusinessWorld - BusinessWorld Online

IEMOP Sees Stable WESM Power Prices Through 2025 - Daily Guardian

IEMOP Sees Stable WESM Power Prices Through 2025 Daily Guardian

WESM prices spike to highest in 7 months - Philstar.com

WESM prices spike to highest in 7 months Philstar.com

WESM rates down 26% in H1 on RE surge, grid expansion - Power Philippines

WESM rates down 26% in H1 on RE surge, grid expansion Power Philippines

More power supply, RE investments, transmission upgrades drive down H1 WESM prices - Manila Bulletin

More power supply, RE investments, transmission upgrades drive down H1 WESM prices Manila Bulletin

WESM Prices Hit Two-Year Low Amid High Supply Margins and Low Demand - Daily Guardian

WESM Prices Hit Two-Year Low Amid High Supply Margins and Low Demand Daily Guardian

Feb. WESM rates drop due to stable supply - BusinessWorld - BusinessWorld Online

Feb. WESM rates drop due to stable supply BusinessWorld - BusinessWorld Online

WESM rates lowest in over 2 years - Philstar.com

WESM rates lowest in over 2 years Philstar.com

IEMOP Optimistic for Stable WESM Prices in 2025 - Power Philippines

IEMOP Optimistic for Stable WESM Prices in 2025 Power Philippines

Power plant outages drive up WESM prices in July - Manila Bulletin

Power plant outages drive up WESM prices in July Manila Bulletin

IEMOP fines First Gen unit, Nickel Asia for WESM non-compliance - Power Philippines

IEMOP fines First Gen unit, Nickel Asia for WESM non-compliance Power Philippines

WESM prices surge in August due to unplanned plant outages - Manila Bulletin

WESM prices surge in August due to unplanned plant outages Manila Bulletin

WESM operator IEMOP not tax-exempt, rules CTA - Manila Bulletin

WESM operator IEMOP not tax-exempt, rules CTA Manila Bulletin

PH Power Rates Hit 3-Year Low in Q1 2025—ERC - Power Philippines

PH Power Rates Hit 3-Year Low in Q1 2025—ERC Power Philippines

ACE Contributed in the Dispute Settlement Leading Practice-Introduction to Energy Arbitration in the Philippines Webinar - ASEAN Centre for Energy

ACE Contributed in the Dispute Settlement Leading Practice-Introduction to Energy Arbitration in the Philippines Webinar ASEAN Centre for Energy

WESM rates fall in June as decline in demand outweighs supply drop - BusinessWorld - BusinessWorld Online

WESM rates fall in June as decline in demand outweighs supply drop BusinessWorld - BusinessWorld Online

Unified WESM to boost Luzon energy buffer - Inquirer.net

Unified WESM to boost Luzon energy buffer Inquirer.net

Plant outages push WESM prices higher - Philstar.com

Plant outages push WESM prices higher Philstar.com

WESM governance body elects new board, officers - Manila Bulletin

WESM governance body elects new board, officers Manila Bulletin

Electricity spot prices rise in early April as hot weather spurs demand - BusinessWorld - BusinessWorld Online

Electricity spot prices rise in early April as hot weather spurs demand BusinessWorld - BusinessWorld Online

Meralco: Batangas plant delay not linked to WESM price surge - BusinessWorld - BusinessWorld Online

Meralco: Batangas plant delay not linked to WESM price surge BusinessWorld - BusinessWorld Online

Increased power supply drives down WESM prices in February - Manila Bulletin

Increased power supply drives down WESM prices in February Manila Bulletin

Lower demand, increased supply drive down electricity prices in January - Manila Bulletin

Lower demand, increased supply drive down electricity prices in January Manila Bulletin

ERC sets lower WESM fee for 2025–2027 - Daily Guardian

ERC sets lower WESM fee for 2025–2027 Daily Guardian

IEMOP seeks ₱1.1 billion for WESM market management system upgrade - Manila Bulletin

IEMOP seeks ₱1.1 billion for WESM market management system upgrade Manila Bulletin

WESM rates down for 4th straight month - Philstar.com

WESM rates down for 4th straight month Philstar.com

Green Tiger Markets PH Electricity May Update - Power Philippines

Green Tiger Markets PH Electricity May Update Power Philippines

Market for AS power enters pilot operations - BusinessWorld - BusinessWorld Online

Market for AS power enters pilot operations BusinessWorld - BusinessWorld Online

Retail Aggregation Program Expands, Bringing Electricity Choice Closer to Consumers - Power Philippines

Retail Aggregation Program Expands, Bringing Electricity Choice Closer to Consumers Power Philippines

WESM average prices for all 3 grids negative in April - BusinessMirror

WESM average prices for all 3 grids negative in April BusinessMirror

Delinquent WESM players jack up bills - Daily Tribune

Delinquent WESM players jack up bills Daily Tribune

ERC sets regulatory review on price cap for WESM, RE certificates - Manila Bulletin

ERC sets regulatory review on price cap for WESM, RE certificates Manila Bulletin

IEMOP: Market prices surge due to power outages - Power Philippines

IEMOP: Market prices surge due to power outages Power Philippines

ERC to review possible increase in WESM Secondary price cap - Power Philippines

ERC to review possible increase in WESM Secondary price cap Power Philippines

Electricity spot market eyed in Mindoro - Philippine News Agency

Electricity spot market eyed in Mindoro Philippine News Agency

AboitizPower bets on new projects to drive earnings amid WESM slowdown - Manila Bulletin

AboitizPower bets on new projects to drive earnings amid WESM slowdown Manila Bulletin

Higher WESM price hikes power rates in Bacolod, southern Negros - Philippine News Agency

Higher WESM price hikes power rates in Bacolod, southern Negros Philippine News Agency

WESM Mindanao finally commences operations - Power Philippines

WESM Mindanao finally commences operations Power Philippines

Meralco power rate hits P12/kWh in November - Philippine News Agency

Meralco power rate hits P12/kWh in November Philippine News Agency

October power generation charges may rise due to weak peso - Philstar.com

October power generation charges may rise due to weak peso Philstar.com

Power rates P0.66/kWh - SunStar Publishing Inc.

Power rates P0.66/kWh SunStar Publishing Inc.

ERC temporarily suspends WESM to stop power rates surge amid El Niño - Manila Bulletin

ERC temporarily suspends WESM to stop power rates surge amid El Niño Manila Bulletin

ERC reviewing suspension of WESM secondary price cap - Power Philippines

ERC reviewing suspension of WESM secondary price cap Power Philippines

Power plant outages across regions drive up WESM prices in July, IEMOP reports - Power Philippines

Power plant outages across regions drive up WESM prices in July, IEMOP reports Power Philippines

How does WESM work and affect electric bills? - Rappler

How does WESM work and affect electric bills? Rappler

First Gen’s Avion plant now selling power to WESM - Power Philippines

First Gen’s Avion plant now selling power to WESM Power Philippines

WESM price drop brings relief to Negros; NOCECO sees sharpest decline - Brigada News

WESM price drop brings relief to Negros; NOCECO sees sharpest decline Brigada News

WESM Jan electricity prices drop 14.3% on-month as demand wanes - Malaya Business Insight

WESM Jan electricity prices drop 14.3% on-month as demand wanes Malaya Business Insight

Conjugal power play: Melvin Matibag, wife could be liable for graft in WESM takeover by P7,000-worth company – Nograles - politiko.com.ph

Conjugal power play: Melvin Matibag, wife could be liable for graft in WESM takeover by P7,000-worth company – Nograles politiko.com.ph

Free Chrome Extension

Find emails, phones & company data instantly

Find verified emails from LinkedIn profiles
Get direct phone numbers & mobile contacts
Access company data & employee information
Works directly on LinkedIn - no copy/paste needed
Get Chrome Extension - Free

Aero Online

Your AI prospecting assistant