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The Philippine Electricity Market Corporation (PEMC) signs an agreement with Filipino technology consulting company MISNet for a data distribution and analytics project.
PEMC is the governing arm of the Wholesale Electricity Spot Market (WESM). With this undertaking, PEMC seeks to enhance transparency and competitiveness in the electricity market for the Philippines.
WESM is a venue for trading electricity as a commodity. The establishment of WESM was mandated by the Department of Energy to ensure that generation is balanced with the ever-changing demand for electricity.
To help PEMC drive this effort for WESM, MISNet will design and deploy a central platform for data provision, market analysis, and reporting. MISNet brings into the project the domain expertise and knowledge in data management, warehousing, and analytics. Using MISNet’s data warehousing solution and powered by Tableau business intelligence, the resulting information, dashboards, and reports will be available for consumption by WESM members, in a format that is easy to access and understand.
Robinson Descanzo, Vice President for Corporate Planning and Communications of PEMC, says, “PEMC’s mission is to achieve the highest standard of self-governance and market operations in the competitive electricity market. This can be achieved through a fair and visible trading environment. We initiated this business development and external services project in hopes of ensuring a greater level of transparency to our customers, stakeholders, and the public.”
Alex Clarin, President of MISNet, says, “By providing the infrastructure, the expertise, and technology tools, we are honored to support PEMC’s mission that will benefit many Filipinos.”
MISNet is a Tableau reseller partner in the Philippines. With over 22 years of experience in IT, it is one of the pioneers in business intelligence in the country. For inquiries about Tableau and how you can start using it in your company, call 621-9202 and ask for Yanna or email firstname.lastname@example.org. Get a free 14-day full version trial of Tableau by clicking here.
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From its humble beginnings as a small software development house in 1992, MISNet has grown into a strategic provider of cutting-edge solutions in the Philippines and abroad. MISNet offers a wide portfolio of advanced software technologies and IT services, delivered by highly skilled technical and industry professionals. www.misnet.com.ph
Tableau Software is an American software company based in Seattle, Washington. The company wanted to revolutionize the way people look at their data. Tableau Software offers a range of business intelligence and analytics tools that can be used by anyone, at 10x the speed of traditional products. www.tableau.com
The Philippine Electricity Market Corporation (PEMC) was incorporated in November 2003 upon the initiative of the Department of Energy (DOE) with representatives from the various sectors of the electric power industry to be the governance arm of the Wholesale Electricity Spot Market (WESM). www.wesm.ph