Wholesale Electricity Spot Market (WESM) – Page 118

August 10, 2019

Published by admin at August 10, 2019

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WESM operator directed to refund P1.77 B by ERC

By Myrna M. Velasco – August 9, 2019, 10:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) has been directed to refund P1.774 billion to its trading participants; due to “miscalculation” in the net settlement […]

August 8, 2019

Published by admin at August 8, 2019

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WESM operations eyed to be shifted to PSE again

By Myrna M. Velasco – August 7, 2019, 10:00 PM from Manila Bulletin With targets to remerge the governing entity and the operating unit of the Wholesale Electricity Spot Market (WESM), proposals are being resuscitated that the operations of the […]

August 7, 2019

Published by admin at August 7, 2019

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Meralco rates dip on 4th month; lower spot market prices cited

By Lenie Lectura – August 7, 2019 from Business Mirror FOR the fourth consecutive month, power rates of the Manila Electric Co. (Meralco) for August went down to P9.5674 per kilowatt-hour (kWh), mainly due to lower spot market prices […]

July 30, 2019

Published by admin at July 30, 2019

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Meralco’s core income rose 14% in first semester

By Alena Mae S. Flores – July 29, 2019 at 07:35 pm from manilastandard.net Power retailer Manila Electric Co. said Monday core net income increased 14 percent in the first half to P12.3 billion from P10.85 billion a year ago […]