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Manila, Philippines | Deloitte, in coordination with IEMOP, spearheaded the recently concluded workshop entitled “Variable Renewable Energy Integration and Capacity Market” which is an undertaking funded by the U.S. Department of State, Bureau of Energy Resources (ENR), in partnership with Deloitte Touche Tohmatsu Limited held last 11-12 July 2024 here in Metro Manila, Philippines. This workshop aimed to equip the Regulators, Market Operator, System Operator, and other power industry stakeholders with critical insights into capacity market mechanisms and strategies to ensure stable grid operations amidst the increasing integration of renewable energy systems. The two-day workshop also aimed to impart and discuss key lessons on energy transition through wind, solar photovoltaic (PV), and battery energy storage systems (BESS) technologies in other jurisdictions over recent years. Ultimately, the workshop is expected to develop a high-level road map to outline strategic approaches for achieving desired outcomes in VRE integration, capacity market implementation vis-à-vis demand response participation, and ancillary services markets. Sincerest gratitude to Ms. Amy Lau of the U.S. Department of State and to the entire Deloitte team, • Mr. Adrian Rouse, their Team lead; • Mr. John Garvey, Regulatory Specialist; • Mr. Bill LaVista, T&D Planning Specialist; and • Mr. Andrew Kimball, the Project Manager. Visit our website for more: https://www.iemop.ph/home-media/events/ #IEMOP #ElectricityMarket #WeRunMarkets #RenewableEnergy #CapacityMarket #SustainableFuture