March 26, 2020

WESM remains in operation

By Myrna M. Velasco – March 25, 2020, 10:00 PM from Manila Bulletin Despite ‘state of calamity’ declaration by the Office of the President, the Energy Regulatory Commission (ERC) has announced that it will not be suspending the operations of […]
March 23, 2020

WESM continues trading amid Luzon lockdown

By Adam J. Ang – March 22, 2020 | 6:57 pm from Business World PIXABAY / JOHANNES PLENIO THE Wholesale Electricity Spot Market (WESM) is still operating during the enhanced community quarantine in Luzon. The Energy Regulatory Commission (ERC) said Saturday […]
February 26, 2020

Cusi awaits PEMC comments before deciding Iemop’s fate

By Lenie Lectura -February 26, 2020 from Business Mirror ENERGY Secretary Alfonso Cusi is close to making a decision on the issue involving the allegedly illegal creation of Independent Electricity Market Operator of the Philippines (Iemop). He said last week that […]
February 18, 2020

WESM Mindanao still faces major challenges

By MYRNA M. VELASCO – Updated February 17, 2020, 1:13 PM from Manila Bulletin The establishment of the Wholesale Electricity Spot Market (WESM) in Mindanao is still enmeshed with challenges, primarily the swelling indebtedness of some electric cooperatives (ECs) and […]