Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
162
self-reported 51–200 band
Founded
2003
23 years
Legal entities
None matched
Office countries
1
1 address
Funding rounds
None on record
Company type
Nonprofit
self-reported
Description
WE ARE PEMC
The Philippine Electricity Market Corporation (PEMC) is a non-stock, non-profit corporation incorporated in November 2003 upon the initiative of the Department of Energy (DOE) with representatives from the various sectors of the electric power industry. The PEMC served as the autonomous group market operator and governing body of the Philippine Wholesale Electricity Spot Market (WESM) in over ten (10) years.
The WESM is a centralized venue for buyers and sellers to trade electricity as a commodity where its prices are determined based on actual use (demand) and availability (supply). It was created pursuant to Republic Act 9136, also known as the Electric Power Industry Reform Act (EPIRA) of 2001. The WESM began commercial operations in Luzon in June 2006 and in the Visayas in December 2010.
OUR ROLE
The EPIRA mandated the formation of an independent entity to which the market operator functions, assets, and liabilities will be transferred. With this, the Department of Energy (DOE), along with the electric power industry market participants, endorsed the transfer of the WESM operations from PEMC to the Independent Electricity Market Operator of the Philippines (IEMOP) on 26 September 2018.
The PEMC remains as the governing body of the WESM primarily through the PEM Board of Directors and the WESM Governance Committees.
PEMC’s role is to remain steadfast and proactive in its mission to ensure that there is POWER, EFFICIENCY, MARKET, and COMPETITION in the energy industry through the effective and efficient governance of the WESM.
Locations
Country footprint
Show as table · Offices in 1 country
| Countries | 1 |
|---|---|
| Primary country | PH |
All codes: PH
Addresses
- PHADB Avenue corner Poveda Street, Ortigas Center; 18th Floor, Robinsons Equitable Tower; Pasig City , Philippines 1600Primary
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
Names and titles are intentionally absent from this page. The source relation carries no consent record across the privacy regimes this directory spans, so it is never requested and never stored. Search engines see exactly what you see here.
Counts only. No names are stored here, and none are served.
FAQ
How many people work at PEMC?
The record holds 162 counted staff profiles at January 2026, inside the self-reported 51–200 band.
Where does PEMC have offices?
One address on record, Philippines only. Primary: ADB Avenue corner Poveda Street, Ortigas Center, 18th Floor, Robinsons Equitable Tower, Pasig City, Philippines 1600.
Has PEMC raised funding?
None linked to this brand.
Which companies are listed alongside PEMC?
Seven peer profiles on record: First Gen Corporation and ACEN Careers.