June 13, 2022

ERC wants ‘single entity’ to oversee WESM

By Myrna M. Velasco – June 12, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) indicated that it prefers just having one entity to manage and oversee the Wholesale Electricity Spot Market (WESM) so the industry as […]
November 29, 2021

PEMC inks tie-up with UN body for ‘energy transition’ roadmap

By Myrna M. Velasco – November 26, 2021, 6:13 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), which is the governing entity of the Wholesale Electricity Spot Market (WESM), has inked a deal with the United Nations Office […]
July 2, 2021

ERC probe to zero in on ‘profit-takers’ during WESM price spikes

By Myrna M. Velasco – July 1, 2021, 4:02 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has stipulated that it will zero in investigations on generation companies (GenCos) that may have raked in “financial gains” from the series […]
February 2, 2021

Compliance committee formed to keep tighter watch on WESM

By Myrna M. Velasco – February 2, 2021, 6:00 AM from Manila Bulletin As summer months approach, the governing body of the Wholesale Electricity Spot Market (WESM) has formed a Compliance Committee to keep a tighter watch on strict compliance […]