PEMC seeks to collect P241m in supplemental market fees

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The Philippine Electricity Market Corp. , the governance arm of the Wholesale Electricity Spot Market , plans to file an application with the Energy Regulatory Commission for approval of P241 million in supplemental market fees a four-year period.

It said PEMC’s share in the approved annual market fees of P200 million received in 2023 would not be sufficient to cover the costs required for expanding operations.

 

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