May 28, 2024

ERC suspended operations of Luzon power market Monday

By Alena Mae S. Flores – May 27, 2024, 2:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the temporary suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon grid effective 1:05 p.m. Monday amid insufficient generation […]
May 23, 2024

Alsons’ diesel plant warns of shutdown over fuel constraint

By Alena Mae S. Flores – May 22, 2024, 8:15 pm from manilastandard.net Western Mindanao Power Corp. (WMPC), a diesel facility in Zamboanga City owned by Alsons Consolidated Resources Inc., on Wednesday served notice that the plant may need to […]
May 22, 2024

Prices at electricity spot market increased P1 per kWh in May

By Alena Mae S. Flores – May 21, 2024, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared to P7.85 per […]
May 21, 2024

Power supply to improve with La Nina, says Gatchalian

By Alena Mae S. Flores – May 20, 2024, 7:55 pm from manilastandard.net Senator Sherwin Gatchalian expressed optimism the country’s power situation will improve with the onset of the rainy season and cooler temperature. “I am optimistic in terms of… […]