February 17, 2023

IEMOP eyes June launching of power reserve market

By Alena Mae S. Flores – February 16, 2023, 7:25 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the electricity spot market, said Thursday it expects to launch the reserve market by June. The reserve […]
February 14, 2023

ERC reviewing possible upward adjustment in WESM price cap

By Myrna M. Velasco – February 13, 2023, 3:22 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is reviewing the appeal of generation companies (GenCos) for possible upward adjustment in the secondary price cap (SPC) of the Wholesale Electricity […]
February 11, 2023

Meralco rates to go down very slightly this February

By Myrna M. Velasco – February 10, 2023, 2:34 PM from Manila Bulletin There will be very marginal reduction of P0.0106 per kilowatt hour (kWh) in the electric bills of Meralco customers this month mainly due to the downtrend in […]
February 8, 2023

WESM operator proposes more than P1b in market fees

By Alena Mae S. Flores – February 7, 2023, 7:30 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines and the Philippine Electricity Market Corp. asked the Energy Regulatory Commission to approve the proposed market fees of P1.016 […]