Wholesale Electricity Spot Market (WESM) – Page 36

May 12, 2023

Published by admin at May 12, 2023

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Meralco rates up by P0.1761 per kWh in May billing

BY MYRNA M. VELASCO – May 11, 2023 03:00 PM from Manila Bulletin AT A GLANCE Higher charges from the spot market and power supply agreements (PSAs) propelled rate increase for Meralco in May billing. On top of the double […]

May 10, 2023

Published by admin at May 10, 2023

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Spikes in WESM prices to hike Meralco rates this May

BY MYRNA M. VELASCO – May 9, 2023 02:10 PM from Manila Bulletin AT A GLANCE The stretch of the summer months will torture consumers not just with rate hikes, but also tightrope walk on power supply that could descend […]

May 4, 2023

Published by admin at May 4, 2023

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Semirara profit in Q1 drops as coal prices, exports fall

BY LENIE LECTURA – MAY 4, 2023 from Business Mirror Consunji-led Semirara Mining and Power Corp. (SMPC) suffered a 40-percent year-on-year decline in net income in the first quarter. From the record P15 billion it posted in the first quarter […]

May 2, 2023

Published by admin at May 2, 2023

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MGreen plant to start operations soon

BY LENIE LECTURA – MAY 2, 2023 from Business Mirror The 75-megawatt (MW) solar power project of MGen Renewable Energy Inc. (MGreen), the renewable energy arm of Meralco PowerGen Corp. (MGen), is scheduled for commercial operations within the month. MGreen’s […]