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 […]
December 31, 2022

Mindanao electricity market to start operations on Jan. 26

By Alena Mae S. Flores – December 30, 2022, 7:00 pm from manilastandard.net The Department of Energy said Friday the Wholesale Electricity Spot Market in Mindanao will start commercial operations on Jan. 26, 2023. Energy Secretary Raphael Lotilla signed Department […]
December 30, 2022

SMC saves ALECO customers from power disconnection

By Myrna M. Velasco – December 29, 2022, 2:51 PM from Manila Bulletin The timely intervention of the energy investment unit of San Miguel Corporation (SMC) by providing an “emergency power supply” to Albay Electric Cooperative (ALECO) has prevented the […]