Wholesale Electricity Spot Market (WESM) – Page 27

December 27, 2023

Published by admin at December 27, 2023

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El Niño casts dark cloud over Philippines power situation

By Richmond Mercurio – December 27, 2023 | 12:00am from The Philippine Star A farmer walks over cracked soil on a dried up Nueva Ecija field in this file photo. Temperatures are expected to soar across large parts of the […]

December 26, 2023

Published by admin at December 26, 2023

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DOE postpones launch of power reserve market

By Alena Mae S. Flores – December 24, 2023, 9:00 pm from manilastandard.net The Department of Energy (DOE) pushed back the commercial operations of the reserve market from Dec. 26, 2023 pending the issuance of a certification from the Philippine […]

December 19, 2023

Published by admin at December 19, 2023

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ERC plans to raise secondary price cap in the electricity market to lure investors

By Alena Mae S. Flores – December 18, 2023, 9:20 pm from manilastandar.net The Energy Regulatory Commission (ERC) plans to raise the secondary price cap in the spot market to P9.8526 per kilowatt-hour from P6.245 per kWh. It said in […]

December 18, 2023

Published by admin at December 18, 2023

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Spot power prices fall in early Dec.

By Sheldeen Joy Talavera – December 14, 2023 | 8:23 pm from Business World THE average electricity spot market price dropped in early December, the Independent Electricity Market Operator of the Philippines (IEMOP) said, adding that the downtrend is expected […]