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.
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