Wholesale Electricity Spot Market (WESM) – Page 41

March 6, 2023

Published by admin at March 6, 2023

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Malampaya shutdown to hike Meralco bills in March

By Myrna M. Velasco – March 5, 2023, 6:52 PM from Manila Bulletin Price shock for roughly 7.6 million customers of Manila Electric Company (Meralco) is anticipated in the March billing cycle, with forecasts of higher generation charge triggered by […]

March 1, 2023

Published by admin at March 1, 2023

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Aboitiz plant supplying Meralco at costlier rate of P8.5250/kWh

By Myrna M. Velasco – February 28, 2023, 5:21 PM from Manila Bulletin The GNPower Dinginin (GNPD) coal-fired power plant, which is a joint venture of Aboitiz Power and the Ayala group, is supplying 300-megawatt capacity to Manila Electric Company […]

March 1, 2023

Published by admin at March 1, 2023

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Semirara Mining posts all-time high income of P39.9-B in 2022

By Myrna M. Velasco – February 28, 2023, 4:39 PM from Manila Bulletin Owing to sky-high prices of coal in the global market last year, Consunji-led Semirara Mining and Power Corporation (SMPC) an posted all-time high net income of P39.9 […]

February 23, 2023

Published by admin at February 23, 2023

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WESM prices rise above P1.00/kWh during Malampaya shutdown

By Myrna M. Velasco – February 23, 2023, 6:58 AM from Manila Bulletin Settlement prices at the Wholesale Electricity Spot Market (WESM) climbed by roughly P1.36 per kilowatt hour (kWh) on average on the two-week duration of the Malampaya gas […]