April 13, 2019
Published by admin at April 13, 2019
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WESM operator readies Mindanao electricity market

By Manila Standard – April 12, 2019 at 08:30 pm Independent Electricity Market Operator of the Philippines, operator of the Wholesale Electricity Spot Market, is laying the groundwork for the eventual operations of the Mindanao electricity spot market this year. […]
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April 8, 2019
Published by admin at April 8, 2019
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DOE to name ‘profiteering GenCos’ in WESM

By Myrna M. Velasco – April 7, 2019, 10:00 PM from Manila Bulletin The Department of Energy (DOE) said it will release the list of power generation companies (GenCos) that may have gained financially in price spikes at the Wholesale […]
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April 4, 2019
Published by admin at April 4, 2019
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DOE creates task force to assess WESM performance

By Lenie Lectura – April 4, 2019 from Business Mirror THE Department of Energy (DOE) has created a task force to assess the performance of the Wholesale Electricity Spot Market (WESM) under the governance of an independent market operator (IMO). […]
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March 22, 2019
Published by admin at March 22, 2019
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First Gen’s recurring net income up 51% to US$243 M in 2018

By Myrna M. Velasco – March 21, 2019, 10:00 PM from Manila Bulletin With brisk sales from its gas-fired power assets, First Gen Corporation logged record-high increase of 51 percent on its recurring net income (RNI) to US$243 million last […]
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