July 4, 2024
Published by admin at July 4, 2024
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June WESM prices softened 24% as rainy season starts

By Alena Mae S. Flores – July 3, 2024, 7:15 pm from manilastandard.net Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which brought cooler temperatures. […]
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July 1, 2024
Published by admin at July 1, 2024
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ERC proposes to cap reserve market price at P19 per kWh

By Alena Mae S. Flores – June 30, 2024, 7:10 pm from manilastandard.net The Energy Regulatory Commission (ERC) proposed an interim price cap of P19 per kilowatt-hour (kWh) for the reserve market, subject to consultations and additional data from power […]
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June 25, 2024
Published by admin at June 25, 2024
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Reserve market likely to reopen in July, says ERC

By Alena Mae S. Flores – June 24, 2024, 7:35 pm from manilastandard.net ERC Chairperson Monalisa Dimalanta The Energy Regulatory Commission (ERC) plans to resume the commercial operations of the reserve market in July 2024 as electricity prices are expected to […]
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June 24, 2024
Published by admin at June 24, 2024
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ERC looking into electric coops’ large exposure to spot market

By Manila Standard – June 23, 2024, 7:05 pm The Energy Regulatory Commission said it will act on the pending applications of distribution utilities (DUs) and electric cooperatives that have a huge exposure to the volatile Wholesale Electricity Spot Market […]
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