February 5, 2025
Published by admin at February 5, 2025
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WESM Jan electricity prices drop 14.3% on-month as demand wanes

By Jed Macapagal – February 5, 2025 from Malaya Business Insight The average price of electricity on the Wholesale Electricity Spot Market (WESM) for January dropped 14.3 percent from December across the country, preliminary figures from the Independent Electricity Market Operator of the Philippines […]
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July 31, 2024
Published by admin at July 31, 2024
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ERC lifts reserve market’s settlement suspension

BY MYRNA M. VELASCO – Jul 30, 2024 05:23 PM from Manila Bulletin AT A GLANCE With the lifting of the settlement suspension, the uncollected amounts during the enforcement of that rule will already be recouped and passed on to […]
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June 22, 2024
Published by admin at June 22, 2024
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WESM governance body elects new board, officers

BY MYRNA M. VELASCO – Jun 22, 2024 08:52 AM from Manila Bulletin AT A GLANCE Part of PEMC’s major accomplishment has been concretizing the operationalization of the Renewable Energy Market (REM), a market mechanism that will institutionalize the trading […]
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April 17, 2023
Published by admin at April 17, 2023
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RE Market transfer to IEMOP readied

BY MYRNA M. VELASCO – Apr 16, 2023 6:18 PM from Manila Bulletin AT A GLANCE The RE Market will serve as a venue for paper trading of RE certificates This will be an added market for RE capacities being […]
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