January 13, 2023

Mindanao electricity spot market to open Jan. 26

By Alena Mae S. Flores – January 12, 2023, 7:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the Wholesale Electricity Spot Market, said Thursday it is ensuring market participants’ readiness for the launch of […]
January 12, 2023

‘Expensive’ replacement power hikes Meralco rates

By Myrna M. Velasco – January 10, 2023, 2:03 PM from Manila Bulletin The comparatively expensive replacement power capacities secured from a power plant of the Aboitiz group and hefty purchases from the Wholesale Electricity Spot Market (WESM) had partly […]
January 5, 2023

Spot market electricity prices rose in December on thin supply

By Alena Mae S. Flores –  January 4, 2023, 7:05 pm from manilastandard.net Electricity prices at the Wholesale Electricity Spot Market went up slightly in December because of thin supply despite the lower demand. Preliminary effective spot settlement price at […]
December 31, 2022

Mindanao electricity market to start operations on Jan. 26

By Alena Mae S. Flores – December 30, 2022, 7:00 pm from manilastandard.net The Department of Energy said Friday the Wholesale Electricity Spot Market in Mindanao will start commercial operations on Jan. 26, 2023. Energy Secretary Raphael Lotilla signed Department […]