January 24, 2020

Power price spikes, brownouts seen likely

By MYRNA M. VELASCO – January 23, 2020, 10:00 PM from Manila Bulletin In this year’s summer months, Filipino consumers are being warned this early that they will be assaulted anew with double whammy of electricity price spikes and power […]
January 14, 2020

New president named for WESM operating entity

By Myrna M. Velasco – January 13, 2020, 10:00 PM from Manila Bulletin The operating entity of the Wholesale Electricity Spot Market (WESM) has a new president in lawyer Richard Nethercott — already the third one to serve at the […]
January 5, 2020

Price cap to be prescribed on renewable energy certificates

By MYRNA M. VELASCO – January 4, 2020, 10:00 PM from Manila Bulletin A price cap has to be instituted in the renewable energy certificates (RECs) that shall then be sold via the RE Market (REM) trading layer of the […]
December 23, 2019

DOE sets new rules on prudential requirement for WESM traders

By MYRNA M. VELASCO – December 21, 2019, 10:00 PM from Manila Bulletin Via its proposed Circular, the Department of Energy (DOE) is amending the “prudential requirement” that a trading participant in the Wholesale Electricity Spot Market (WESM) must post […]