April 17, 2019

IEMOP holds 1st MPU since becoming WESM operator

By Lenie Lectura – April 17, 2019 from Business Mirror Independent Electricity Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market, held its first-ever Market Participants Update (MPU) since assuming WESM operations from Philippine Electricity Market […]
April 17, 2019

Therma Visayas power plant in Cebu now operational

By Lenie Lectura – April 17, 2019 from Business Mirror THERMA Visayas Inc. (TVI), a subsidiary of AboitizPower, said on Tuesday its power plant in Cebu has started delivering energy. TVI’s first 170-megawatt baseload unit in Toledo City, Cebu, is […]
April 17, 2019

Meralco to seek bidding exemption on 2 emergency power supply deals

By Myrna M. Velasco – April 16, 2019, 10:00 PM from Manila Bulletin Power utility giant Manila Electric Company (Meralco) will seek exemption for competitive selection process (CSP) or bidding on targeted interim power supply agreements (IPSAs) with two plants […]
April 16, 2019

Oil-fired and hydropower plants are highest-priced bidders in WESM

By Myrna M. Velasco – April 15, 2019, 10:00 PM from Manila Bulletin The oil-fired and hydro power plants have been the “high price trendsetters” in the Wholesale Electricity Spot Market (WESM) during precarious supply situation in Luzon grid – […]