The Independent Electricity Market Operator of the Philippines (IEMOP) is a non-stock, non-profit corporation established in May 2018 to assume the market operator functions of the Philippine Electricity Market Corporation (PEMC) for the Wholesale Electricity Spot Market (WESM). It is headed by a professional Board of Directors whose members are independent of government and of the market participants.Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) requires that WESM market operations be transferred to an independent entity that is separate from its governing body, which is the PEMC Board of Directors.
The Independent Electricity Market Operator of the Philippines (IEMOP) is a non-stock, non-profit corporation established in May 2018 to assume the market operator functions of the Philippine Electricity Market Corporation (PEMC) for the Wholesale Electricity Spot Market (WESM). It is headed by a professional Board of Directors whose members are independent of government and of the market participants.Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) requires that WESM market operations be transferred to an independent entity that is separate from its governing body, which is the PEMC Board of Directors.
The Independent Electricity Market Operator of the Philippines (IEMOP) is a non-stock, non-profit corporation established in May 2018 to assume the market operator functions of the Philippine Electricity Market Corporation (PEMC) for the Wholesale Electricity Spot Market (WESM). It is headed by a professional Board of Directors whose members are independent of government and of the market participants.Republic Act No. 9136, otherwise known as the Electric Power Industry Reform Act (EPIRA) requires that WESM market operations be transferred to an independent entity that is separate from its governing body, which is the PEMC Board of Directors.