July 12, 2023

US firm enlists first ‘forward market’ customers from PH power industry

BY MYRNA M. VELASCO – Jul 11, 2023 01:58 PM from Manila Bulletin AT A GLANCE In a forward market, companies or relevant parties can hedge on the price of power capacity that will be set for future delivery to […]
March 21, 2023

DOE sees more days of tight power supply

By Alena Mae S. Flores – March 20, 2023, 7:40 pm from manilastandard.net The Department of Energy said Monday it expects more yellow alerts in the Luzon grid during the dry season because of the delay in the completion of […]
February 23, 2023

WESM prices rise above P1.00/kWh during Malampaya shutdown

By Myrna M. Velasco – February 23, 2023, 6:58 AM from Manila Bulletin Settlement prices at the Wholesale Electricity Spot Market (WESM) climbed by roughly P1.36 per kilowatt hour (kWh) on average on the two-week duration of the Malampaya gas […]
January 27, 2023

WESM-Mindanao starts operation

BY LENIE LECTURA – JANUARY 27, 2023 from Business Mirror The commercial operation of the Wholesale Electricity Spot Market (WESM) in Mindanao finally happened on Thursday, more than five years after it was launched. The Department of Energy (DOE) said […]