September 24, 2019

WESM sets out plan for derivatives market

By Myrna M. Velasco – Updated September 23, 2019, 11:14 AM from Manila Bulletin To reinforce interplay of financial transactions in the country’s electricity spot market, the integration of derivatives market and financial transmission rights (FTR) is now being advanced […]
April 26, 2019

WESM prices spike by P1.523/kwh after brownouts

By Myrna M. Velasco – April 25, 2019, 10:00 PM from Manila Bulletin After recurrence of rotating brownouts this month, consumers will have to suffer in their next billing roughly P1.523 per kilowatt hour (kwh) surge in rates due to […]
April 8, 2019

DOE to name ‘profiteering GenCos’ in WESM

By Myrna M. Velasco – April 7, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) said it will release the list of power generation companies (GenCos) that may have gained financially in price spikes at the Wholesale […]
March 9, 2019

Power spot prices soar after yellow alerts

As much as P11.53/kwh By Myrna M. Velasco – March 8, 2019, 10:00 PM from Manila Bulletin   As weather temperature rises, so as the electric bills of Filipino consumers given the series of yellow alerts straining the country’s main […]