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Monday, December 23, 2024

IEMOP set to reduce open access threshold

The Independent Electricity Market Operator of the Philippines said Wednesday it started preparations for the lowering of threshold of retail competition and open access next year.

“IEMOP is currently performing studies to develop detailed proposals for lower threshold implementation,” IEMOP, operator of the Wholesale Electricity Spot Market, said in a statement.

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The Energy Regulatory Commission released last month a draft resolution prescribing the timeline for the implementation of RCOA which allows initially large power users to source their own electricity.

Under the draft resolution, the contestability threshold will be reduced to 500 kilowatts on Feb. 2 2021. This will be followed by reduction to 100 kW on Jan. 26, 2022 and at the household level on Jan. 26, 2023.

IEMOP said a 10-kW threshold was provided in the draft ERC resolution for household-level implementation.

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