January 11, 2018

Meralco power rates to decline this month

By Alena Mae S. Flores – January 10, 2018 at 07:02 pm from manilastandard.net Power rates in the franchise area of Manila Electric Co. will drop P0.5260 per kilowatt-hour in January, translating into a P105 reduction in the monthly bill […]
January 10, 2018

Cusi to step out as PEMC chair

By Myrna M. Velasco – January 9, 2018, 10:00 PM from Manila Bulletin The well-anticipated ingress of the Independent Market Operator (IMO) of the Wholesale Electricity Spot Market (WESM) targeted as early as February this year will also prompt the eventual […]
January 5, 2018

Mindanao power spot market delayed to Q4

By Alena Mae S. Flores – January 04, 2018 at 07:00 pm from manilastandard.net Commercial operations of the Wholesale Electricity Spot Market in Mindanao may be pushed back to October, the Energy Department said. Energy Undersecretary Felix William Fuentebella said some technicalities […]
December 29, 2017

WESM’s plans for derivatives market skids on legal hurdle

By Myrna M. Velasco – December 28, 2017, 10:00 PM from Manila Bulletin The plan of the Wholesale Electricity Spot Market (WESM) to introduce “derivatives market” into its array of services is skidding into a legal hurdle that considers such market […]