July 4, 2020

ERC orders refund of market fees

By Jordeene B. Lagare – July 4, 2020 from The Manila Times THE Energy Regulatory Commission (ERC) has ordered the refund of market fees that were overcollected from Luzon and Visayas trading participants at the Wholesale Electricity Spot Market (WESM), […]
May 30, 2020

Higher spot market prices expected

By Jordeene B. Lagare – May 29, 2020 from The Manila Times Spot market prices for electricity are seen to increase on the assumption that quarantine restrictions in parts of Luzon and the Visayas would be eased further in June, […]
May 29, 2020

Power rate likely to rise starting June

By Alena Mae S. Flores – May 28, 2020 at 09:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines assured the public of sufficient power supply to meet the expected increase in demand in June as government […]
May 8, 2020

Delays in coal deliveries to trigger power rate spikes

By Myrna M. Velasco – Updated May 8, 2020, 8:23 AM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) has sounded off that “restriction of supply” from coal plants may drive up electricity prices in the […]