Wholesale Electricity Spot Market (WESM) – Page 39

April 5, 2023

Published by admin at April 5, 2023

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ERC imposes market share limit among generation firms

By Alena Mae S. Flores – April 3, 2023, 6:25 pm from manilastandard.net The Energy Regulatory Commission issued market share limit per grid and the national grid among generating companies. It said that under Republic Act No. 9136 or the […]

March 31, 2023

Published by admin at March 31, 2023

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IEMOP: Time to review, but not junk, the SPC on traded power

BY LENIE LECTURA – MARCH 27, 2023 from Business Mirror THE Independent Electricity Market Operator of the Philippines (IEMOP) agrees that the secondary price cap (SPC), a mechanism that puts a ceiling on traded power whenever prices shoot up in […]

March 22, 2023

Published by admin at March 22, 2023

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P10-P15/kWh hike in WESM secondary cap proposed by GenCos

BY MYRNA M. VELASCO – Mar 21, 2023 2:12 PM from Manila Bulletin A spike in the secondary price cap for the Wholesale Electricity Spot Market (WESM) to the tune of P10,000 to P15,000 per megawatt hour (MWh) – or […]

March 21, 2023

Published by admin at March 21, 2023

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Second phase of Green Energy Auction to offer 11,610 MW

By Alena Mae S. Flores – March 20, 2023, 7:05 pm from manilastandard.net The Department of Energy plans to offer 11,610 megawatts under the Green Energy Auction Program 2 covering the period 2024 to 2026. DOE Undersecretary Rowena Cristina Guevara […]