Gov’t prepares to launch reserve market on Dec. 26

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 55%

Business News News

Business Business Latest News,Business Business Headlines

The Department of Energy plans to start the full commercial operations of the reserve market on Dec. 26, 2023. The

The Department of Energy plans to start the full commercial operations of the reserve market on Dec. 26, 2023.

It said in a draft circular the Independent Electricity Market Operator of the Philippines would prepare the commercial operations of the reserve market. IEMOP operates the Wholesale Electricity Spot Market , the trading floor of electricity. It said IEMOP should conduct live parallel operations involving end-to-end testing among the system operator and registered ancillary service providers using a non-production system.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines