March 20, 2021

Electricity prices rise at spot market

By Alena Mae S. Flores – March 19, 2021 at 07:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the Wholesale Electricity Spot Market, noted an increase in prices in March, averaging P4.23 per kilowatt-hour […]
March 1, 2021

Lower RCOA attracts new power customers

By Myrna M. Velasco – March 1, 2021, 7:00 AM from Manila Bulletin At least 13 new customers – mostly buildings and water pumping stations in Metro Manila that include Maynilad Water Services Inc. – have switched electricity suppliers following […]
December 17, 2020

‘Power spot-market rate to decline’

By Lorenz S. Marasigan – December 17, 2020 from Business Mirror The downward trend of electricity spot-market price will persist this month due to ample supply and cooler weather conditions coupled with the implementation of community quarantines in different parts […]
December 17, 2020

WESM sees power rates declining until January next year

By Alena Mae S. Flores – December 16, 2020 at 07:50 pm  from manilastandard.net Prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, are expected to continue their downtrend until January, executives said Wednesday. John Paul […]