December 25, 2021

Power spot prices in December inching up

By Myrna M. Velasco – December 24, 2021, 4:03 PM from Manila Bulletin Filipino consumers may be greeted with bad news in the New Year as spot prices of electricity have been inching higher this month, December, due to continued […]
December 22, 2021

Average power spot market price climbs by 22%–IEMOP

BY LENIE LECTURA – DECEMBER 22, 2021 from Business Mirror The average spot price of electricity on the Wholesale Electricity Spot Market (WESM) as of December 18 went up to P6.32 per kilowatt hour (kWh) from November’s P5.17 per kWh. […]
December 20, 2021

WESM suspended due to power oversupply during typhoon

By Marielle C. Lucenio - December 17, 2021 | 7:31 pm from Business World The Energy Regulatory Commission (ERC) suspended the Wholesale Electricity Spot Market (WESM) late Thursday after oversupply conditions on the grid during typhoon Odette (Intenational name: Rai). The […]
December 10, 2021

Meralco: Dec rates to rise on higher generation cost

BY BUSINESSMIRROR – DECEMBER 6, 2021 Electricity rates this month could go up due to higher generation charge, the Manila Electric Co. (Meralco) said over the weekend. Power firms that supply Meralco’s requirement have yet to send their final billings […]