March 13, 2025

Surge in power demand spurs NGCP plea to stakeholders

By Lenie Lectura – March 12, 2025 from Business Mirror THE National Grid Corporation of the Philippines (NGCP) strongly appealed to power industry stakeholders to strictly monitor and ensure the availability of power in the coming months, following a surge […]
February 14, 2025

Higher power spot market rates loom

By Brix Lelis – February 14, 2025 | 12:00am from The Philippine Star The Wholesale Electricity Spot Market (WESM), the centralized venue for electricity trading as a commodity, saw its average price drop to a two-year low of P2.96 per […]
February 5, 2025

WESM Jan electricity prices drop 14.3% on-month as demand wanes

By Jed Macapagal – February 5, 2025 from Malaya Business Insight The average price of electricity on the Wholesale Electricity Spot Market (WESM) for January dropped 14.3 percent from December across the country, preliminary figures from the Independent Electricity Market Operator of the Philippines […]
January 17, 2025

Electricity grid rate tipped to rise in February

By Lisbet K. Esmael – 02:28 AM January 16, 2025 from inquirer.net / Philippine Daily Inquirer Transmission rates may increase next month as electricity superhighway National Grid Corp. of the Philippines (NGCP) will start collecting money spent for standby power […]