September 16, 2022

WESM prices surged by P2 in first 10 days of September

By Alena Mae S. Flores – September 14, 2022, 8:00 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines reported an increase in the average prices at the Wholesale Electricity Spot Market by P2 per kilowatt-hour in the […]
June 13, 2022

ERC wants ‘single entity’ to oversee WESM

By Myrna M. Velasco – June 12, 2022, 8:30 PM from Manila Bulletin The Energy Regulatory Commission (ERC) indicated that it prefers just having one entity to manage and oversee the Wholesale Electricity Spot Market (WESM) so the industry as […]
April 30, 2022

WESM settlement prices down in April

By Myrna M. Velasco – April 29, 2022, 3:23 PM from Manila Bulletin With higher capacity availability from power plants, the settlement prices at the Wholesale Electricity Spot Market (WESM) had softened to P6.26 per kilowatt hour (kWh) this April […]
January 31, 2022

Power market operator sees no significant capacity coming online after June

By Marielle C. Lucenio – January 28, 2022 | 7:12 pm from Business World THE independent market operator that runs the spot market for electricity said no major power plants will become operational beyond June, when a unit of a […]