June 14, 2024

ERC approves staggered payment for DU purchases at WESM

By Alena Mae S. Flores – June 13, 2024, 7:25 pm from manilastandard.net The Energy Regulatory Commission (ERC) on Thursday approved the staggered payment of Wholesale Electricity Spot Market (WESM) purchases by distribution utilities (DUs) for four months starting in […]
May 22, 2024

Prices at electricity spot market increased P1 per kWh in May

By Alena Mae S. Flores – May 21, 2024, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared to P7.85 per […]
May 13, 2024

Spot market power rates soared in April

By Manila Standard Business – May 12, 2024, 8:05 pm System-wide electricity spot market prices increased by P1.37 per kilowatt-hour to P6.90 per kWh in April from P5.53 per kWh in March following the imposition of red and yellow alerts […]
April 13, 2024

DOE assures public: ‘No power crisis amid El Niño’

By Patrick Miguel – April 11, 2024 | 12:00am from The Philippine Star This is evident based on recent reports on heat index, with areas within the country reaching to 46 degrees Celsius – considered as “danger level.” MANILA, Philippines […]