Wholesale Electricity Spot Market (WESM) – Page 35

June 16, 2023

Published by admin at June 16, 2023

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Spot market prices decline in June

By Alena Mae S. Flores – June 15, 2023, 8:25 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines on Thursday reported a P1.73-per kilowatt-hour decline in spot market prices, driven by demand reduction and supply increase. IEMOP, […]

June 13, 2023

Published by admin at June 13, 2023

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MORE Electric customers in Iloilo enjoyed lower rates for sixth straight month

By Alena Mae S. Flores – June 12, 2023, 8:05 pm from manilastandard.net Consumers of MORE Electric and Power Corp. in Iloilo City enjoyed lower rates for the sixth straight month this year. The company said the residential rate for […]

June 10, 2023

Published by admin at June 10, 2023

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ERC imposes cap on rates in emergency power deals

By Lenie Lectura – June 9, 2023 from Business Mirror The Energy Regulatory Commission (ERC) has capped the power rates in emergency power supply agreements (EPSAs) entered into by distribution utilities (DUs) and power generation companies. EPSAs are forged on […]

May 29, 2023

Published by admin at May 29, 2023

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WESM’s single settlement starts in May billing

BY MYRNA M. VELASCO – May 28, 2023 10:27 PM from Manila Bulletin AT A GLANCE If underpinned by appropriate policies and strong regulatory frameworks, a single settlement system can simplify and improve processes in the electricity spot market. The […]