Wholesale Electricity Spot Market (WESM) – Page 13

September 12, 2024

Published by admin at September 12, 2024

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Meralco reports increased power rates in September

By Alena Mae S. Flores – September 11, 2024, 8:10 pm from manilastandard.net Consumers of Manila Electric Co. (Meralco) will experience higher rates of P0.1543 per kilowatt-hour in September 2024 on the back of increased transmission charges. Meralco spokesman Joe […]

September 5, 2024

Published by admin at September 5, 2024

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Ombudsman suspends ERC chairman Dimalanta

By Ed Paolo Salting – September 5, 2024 2:31 PM from The Manila Times MANILA, Philippines — The Office of the Ombudsman ordered on Thursday the six-month preventive suspension of Energy Regulatory Commission (ERC) Chairman and CEO Monalisa Dimalanta. The […]

September 4, 2024

Published by admin at September 4, 2024

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Power prices at spot market fell in August

By Alena Mae S. Flores – September 3, 2024, 8:00 pm from manilastandard.net Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per kWh in July […]

August 16, 2024

Published by admin at August 16, 2024

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CREC’s revenues up 13%, income flat in first semester

By Alena Mae S. Flores – August 15, 2024, 8:10 pm from manilastandard.net Citicore Renewable Energy Corp. (CREC) recorded a flat growth in its net income in the first six months of 2024 to P456.40 million, as revenues went up […]