Wholesale Electricity Spot Market (WESM) – Page 54

August 19, 2022

Published by admin at August 19, 2022

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Legal issues hound IEMOP as WESM operator — PEMC

By Myrna M. Velasco – August 18, 2022, 3:48 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), the governance body of the Wholesale Electricity Spot Market (WESM), said legal questions still hound the claim of Independent Electricity Market […]

August 13, 2022

Published by admin at August 13, 2022

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WESM rates up for 2nd straight month in July

By Richmond Mercurio – August 12, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Low supply levels despite decreased demand drove average electricity spot market prices to their second consecutive month of increase in July. In a virtual […]

August 11, 2022

Published by admin at August 11, 2022

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IEMOP: Power spot prices rise despite tepid demand

BY LENIE LECTURA – AUGUST 10, 2022 from Business Mirror The average wholesale electricity spot market (WESM) prices last month rose by 4.82 percent to P8.92 per kilowatt hour (kWh) despite lower demand, the Independent Electricity Market Operator of the […]

August 9, 2022

Published by admin at August 9, 2022

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Meralco rate slightly down by P0.2087/kWh in August billing

By Myrna M. Velasco – August 8, 2022, 2:34 PM from Manila Bulletin Despite an earlier projection of a rate hike, several cost-offsetting measures ultimately pulled down the electricity tariff of Manila Electric Company (Meralco) by a marginal P0.2087 per […]