Wholesale Electricity Spot Market (WESM) – Page 3

February 26, 2025

Published by admin at February 26, 2025

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Meralco to seek ERC nod for SMC power deal

By Sheldeen Joy Talavera – February 26, 2025 | 12:06 am from Business World PHILIPPINE STAR/MICHAEL VARCAS MANILA ELECTRIC Co. (Meralco) said it will seek approval from the Energy Regulatory Commission (ERC) for a 200-megawatt (MW) emergency power supply agreement […]

February 24, 2025

Published by admin at February 24, 2025

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ERC OKs 42 percent hike in FIT-All rates

By Brix Lelis – February 24, 2025 | 12:00am from The Philippine Star In a recent commission meeting, the ERC set a new rate of P0.1189 per kilowatt-hour, reflecting a 42-percent increase from the current P0.0838 per kWh FIT-All collection. […]

February 14, 2025

Published by admin at February 14, 2025

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Higher power spot market rates loom

By Brix Lelis – February 14, 2025 | 12:00am from The Philippine Star The Wholesale Electricity Spot Market (WESM), the centralized venue for electricity trading as a commodity, saw its average price drop to a two-year low of P2.96 per […]

February 14, 2025

Published by admin at February 14, 2025

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Generation charge fell 11% in 2024—ERC

By Alena Mae S. Flores – February 13, 2025, 7:35 pm from manilastandard.net The Energy Regulatory Commission (ERC) said Thursday the national average annual generation rate dropped 11.46 percent from to P6.64 per kWh in 2024 from P7.50 per kWh […]