Wholesale Electricity Spot Market (WESM) – Page 20

May 22, 2024

Published by admin at May 22, 2024

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Prices at electricity spot market increased P1 per kWh in May

By Alena Mae S. Flores – May 21, 2024, 9:10 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared to P7.85 per […]

May 22, 2024

Published by admin at May 22, 2024

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Prime Infra subsidiary gets ERC license to sell electricity

By Manila Standard Business – May 21, 2024, 8:30 pm PrimeRES Energy Corp., a wholly-owned subsidiary of Prime Infrastructure Capital Inc. of businessman Enrique Razon Jr. received a retail electricity supplier (RES) license from the Energy Regulatory Commission (ERC). The […]

May 18, 2024

Published by admin at May 18, 2024

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Ancillary rates seen increasing P0.10 per kWh

By Alena Mae S. Flores – May 16, 2024, 8:00 pm from manilastandard.net Grid operator National Grid Corp. of the Philippines expects an average increase of more than P0.10 per kilowatt-hour (kWh) in the ancillary charges of consumers in the […]

May 16, 2024

Published by admin at May 16, 2024

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ERC partially lifts P1.7-b reserve market settlement

By Alena Mae S. Flores – May 15, 2024, 7:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) ordered the partial lifting of the suspension on settlement amounts in the Reserve Market to allow power generators to partially recover costs […]