ERC lifts order suspending reserve market

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 55%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Defining the News

The Energy Regulatory Commission on Tuesday lifted a suspension on the billing and settlement of the price determination methodology in the Wholesale Electricity Spot Market .

The ERC, in a July 26 resolution, said it determined that the grounds for the suspension no longer exist after the Philippine Electricity Market Corp. and Independent Electricity Market Operator of the Philippines complied with the agency’s directives on the proposed amended PDM. The ERC imposed the suspension on March 26, affecting all reserve market capacities except those covered by the ancillary services purchase agreement and included in commission rulings. The agency cited pending compliance issues as the reason for the suspension.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 20. in BE

Belgique Dernières Nouvelles, Belgique Actualités