August 5, 2024

DOE seeks WESM guidelines on dispatch synchronization for co-optimized reserve market

BY MYRNA M. VELASCO – Aug 3, 2024 09:26 AM from Manila Bulletin AT A GLANCE In market co-optimization, the trading of capacity for both energy and ancillary services or reserves can be done together – instead of having them […]
July 4, 2024

ERC defers order for DUs to report generation rate

By Lenie Lectura – July 4, 2024 from Business Mirror THE Energy Regulatory Commission (ERC) has suspended an earlier directive to distribution utilities (DUs) to submit their generation rates every fifth day of the month. “Please be informed that the […]
July 4, 2024

June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]
June 25, 2024

Reserve market likely to reopen in July, says ERC

By Alena Mae S. Flores – June 24, 2024, 7:35 pm from manilastandard.net ERC Chairperson Monalisa Dimalanta The Energy Regulatory Commission (ERC) plans to resume the commercial operations of the reserve market in July 2024 as electricity prices are expected to […]