March 27, 2023

IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]
March 22, 2023

P10-P15/kWh hike in WESM secondary cap proposed by GenCos

BY MYRNA M. VELASCO – Mar 21, 2023 2:12 PM from Manila Bulletin A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) – or […]
March 14, 2023

ERC starts review of secondary price cap at electricity spot market

By Alena Mae S. Flores – March 13, 2023, 9:00 pm from manilastandard.net The Energy Regulatory Commission said Monday it started the review of the secondary price cap imposed at the spot market, but conceded that its removal may have […]
March 17, 2022

ERC reviews WESM secondary cap suspension

By Myrna M. Velasco – March 16, 2022, 3:15 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is reviewing the proposed lifting of the P6.245 per kilowatt hour (kWh) secondary price cap (SCP) at the Wholesale Electricity Spot Market […]