Reserves market starts commercial operations

THE Independent Electricity Market Operator of the Philippines Inc. (IEMOP) and the Department of Energy (DoE) commenced the full commercial operations of the energy reserve market on Friday.

The two entities said that all power generation companies with generating capacity/units that are capable of providing ancillary services (AS) may now offer and sell it even without an Ancillary Service Procurement Agreement with the National Grid Corp. of the Philippines (NGCP).

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