January 5, 2023

Spot market electricity prices rose in December on thin supply

By Alena Mae S. Flores –  January 4, 2023, 7:05 pm from manilastandard.net Electricity prices at the Wholesale Electricity Spot Market went up slightly in December because of thin supply despite the lower demand. Preliminary effective spot settlement price at […]
December 15, 2022

Spot market power rates increased this month

By Alena Mae S. Flores – December 14, 2022, 7:45 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Wednesday spot market prices went up to P9.12 per kilowatt-hour in the first few days of December, an […]
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 […]