WHEREAS, on 26 July 2018, the Department of Energy (DOE) has issued Department Circular No. DC2018-08-0021 entitled "Providing for the Amendments to Rule 29 Part (A) of the Implementing Rules and Regulations of Republic Act No. 9136";
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WHEREAS, Section 2 of Republic Act No.
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WHEREAS, Sections 30 and 37(f) of the Electric Power Industry Reform Act (EPIRA) provides that the DOE, jointly with the electric power industry participants, shall establish the Wholesale Electricity Spot Market (WESM) and formulate the detailed rules governing the operations thereof;
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WHEREAS, Section 2(a) of Republic Act No. 9136 or the "Electric Power Industry Reform Act of 2001" (EPIRA), declared the policy of the State to ensure and accelerate the total electrification of the country;
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