December 15, 2023

WESM prices seen going down in December amid low demand

By Alena Mae S. Flores – December 14, 2023, 7:15 pm from manilastandard.net The average system-wide prices at the Wholesale Electricity Spot Market (WESM) will likely stay at P3.90 per kilowatt-hour (kWh) for the December billing month, an official said […]
July 20, 2023

Rainy season prompts dip in electricity spot prices

BY MYRNA M. VELASCO – Jul 19, 2023 04:25 PM from Manila Bulletin Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated […]
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 […]