Wholesale Electricity Spot Market (WESM) – Page 32

August 1, 2023

Published by admin at August 1, 2023

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Meralco six-month core income up 47% to P19.2 billion

By Alena Mae S. Flores – July 31, 2023, 3:15 pm from manilastandard.net Power retailer Manila Electric Co. said Monday consolidated core net income in the first six months reached P19.2 billion, or 47 percent higher than P13.1 billion in […]

July 20, 2023

Published by admin at July 20, 2023

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Rainy season prompts dip in electricity spot prices

BY MYRNA M. VELASCO – Jul 19, 2023 04:25 PM from Manila Bulletin Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated […]

July 20, 2023

Published by admin at July 20, 2023

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Iloilo consumers experiencing downtrend in electricity rates

BY MYRNA M. VELASCO – Jul 19, 2023 02:24 PM from Manila Bulletin Consumers in Iloilo City have been experiencing relief in their pockets as electricity rates billed by their distribution utility MORE Electric and Power Corporation have been on […]

July 18, 2023

Published by admin at July 18, 2023

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ERC to spread court-ordered power rate hike over 3 years

By Alena Mae S. Flores – July 17, 2023, 8:30 pm from manilastandard.net The Energy Regulatory Commission said Monday it will spread the Supreme Court-ordered power rate increase amounting to P22.64 billion over a three year period. The Supreme Court […]