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Published July 7, 2021, 1:47 PM
An official of the Department of Energy (DOE), who reportedly resigned recently from his post, is well anticipated by power industry players as the next president of the Philippine Electricity Market Corporation (PEMC), which is the governance body of the Wholesale Electricity Spot Market (WESM).
That expectation, according to highly placed industry sources, was intensified after the July 1 nomination of former DOE Assistant Secretary Leonido J. Pulido III as independent director of the PEM Board.
The election of the next president will be from the roll of elected directors into the board of PEMC – and the voting is tentatively targeted by July 12 this year.