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 […]
January 6, 2022

Higher WESM rates expected to push up January power bills

By Alena Mae S. Flores – January 5, 2022 from manilastandard.net Power rates at the Wholesale Electricity Spot Market increased by more than P1 per kilowatt-hour in December because of plant outages and the derating of natural gas stations. The […]
December 27, 2021

WESM system enhancements eyed

By Myrna M. Velasco – December 26, 2021, 9:30 PM from Manila Bulletin The country’s Wholesale Electricity Spot Market (WESM) will be undertaking enhancements on its new market management system (NMMS) so it can accommodate the registration of more participants […]