July 6, 2020

Surge in demand props up electricity spot-market rate

By Lenie Lectura – July 6, 2020 from Business Mirror Electricity spot-market price for June went up to P3.25 per kilowatt-hour (kWh), from P2.19 per kWh in the previous month, data released by the Independent Electricity Market Operator of the […]
June 2, 2020

Demand from retail electricity users declines during lockdown

By Adam J. Ang – May 31, 2020 | 7:59 pm from Business World POWER consumption of retail customers at the Wholesale Electricity Spot Market (WESM) fell drastically as their businesses were shut during the quarantine period. The Independent Electricity […]
May 21, 2020

Some coal plants defer shipments due to low power demand

By Myrna M. Velasco – May 20, 2020, 10:00 PM from Manila Bulletin A number of coal plants in the country have been deferring schedules of their coal deliveries because of declining electricity demand, not exactly a case of logistical […]
May 5, 2020

Spot prices in electricity market down to P1.50/kwh

By Alena Mae S. Flores – May 04, 2020 at 09:30 pm from manilastandard.net Average prices at the electricity spot market dropped to as low as P1.50 per kilowatt-hour in April, the lowest recorded, due to low demand during the […]