April 17, 2019

IEMOP holds 1st MPU since becoming WESM operator

By Lenie Lectura – April 17, 2019 from Business Mirror Independent Electricity Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market, held its first-ever Market Participants Update (MPU) since assuming WESM operations from Philippine Electricity Market […]
April 17, 2019

Therma Visayas power plant in Cebu now operational

By Lenie Lectura – April 17, 2019 from Business Mirror THERMA Visayas Inc. (TVI), a subsidiary of AboitizPower, said on Tuesday its power plant in Cebu has started delivering energy. TVI’s first 170-megawatt baseload unit in Toledo City, Cebu, is […]
April 16, 2019

Oil-fired and hydropower plants are highest-priced bidders in WESM

By Myrna M. Velasco – April 15, 2019, 10:00 PM from Manila Bulletin The oil-fired and hydro power plants have been the “high price trendsetters” in the Wholesale Electricity Spot Market (WESM) during precarious supply situation in Luzon grid – […]
April 15, 2019

Yellow and Red Power Alert, Things to Ponder, The Outdated and Onerous Genco Contracts, and Permanent Solutions (Part 1)

part 1 of 2 David Celestra Tan, MSK 11 April 2019 Everyone is again scrambling on what to do in the face of the power shortage alerts. It is yellow, it is red, WESM prices spike, and the always inevitable […]