The Independent Electricity Market Operator of the Philippines (IEMOP) is currently studying and establishing several market-driven strategies to advocate developments in the power sector. Market developments, such as the continuous lowering of threshold for the Retail Competition and Open Access (RCOA), Green Energy Auction (GEA), Green Energy Option Program (GEOP), Reserves Market, Forwards Market, among other initiatives are all on track to make the country’s sole electricity market more dynamic, competitive, and transparent. The ultimate objective of these initiatives is to ensure a reliable, stable, and economical supply of power to support nation-building.
Philippines
The-philippines
Department-circular
Department-of-energy
Green-energy-auction
Or-ancillary-services
National-grid-corporation-of-the-philippines
Green-energy-option-program
Independent-electricity-market-operator
Retail-competition
Open-access