Philippine Electricity Market Corporation
CLIENTS
Exist helped the Philippine Electricity Market Corporation (PEMC), the operator of the Wholesale Electricity Spot Market (WESM), to implement the Central Registration and Settlement System (CRSS), an enterprise system that further enhances market processes such as registration, metering, billing, and settlement.
With CRSS, PEMC enables a timely supplier switching process of contestable customers under the retail competition regime possible while facilitating data exchange between the Market Operator and the trading participants.
Check out UNDP’s opening remarks at the Philippine Renewable Energy Market System (PREMS) launch to learn how this groundbreaking platform, developed in partnership with the Department of Energy (DOE), is set to revolutionize renewable energy trading and contribute to a sustainable energy future for the Philippines.
Exist also help Philippine Electricity Market Corporation (PEMC) create the Phil Renewable Energy Market System (PREMS), the enterprise platform that manages all market processes for the newly organized Philippine renewable energy market.