Wholesale Electricity Spot Market (WESM) – Page 57

July 12, 2022

Published by admin at July 12, 2022

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Meralco, San Miguel units want to adjust PSA prices

BY LENIE LECTURA – JULY 11, 2022 from Business Mirror The staggering increase in fuel prices prompted two power units of San Miguel Corp. (SMC) and the Manila Electric Co. (Meralco) to seek regulatory approval for a temporary price adjustment […]

July 4, 2022

Published by admin at July 4, 2022

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Weak peso, higher WESM charges to raise Meralco rates this month

By Alena Mae S. Flores – July 3, 2022, 7:00 pm from manilastandard.net Consumers of Manila Electric Co. (Meralco) may have to brace for higher power rates in July due to the peso depreciation and higher charges at the Wholesale […]

June 22, 2022

Published by admin at June 22, 2022

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ERC caps market fees of WESM

BY LENIE LECTURA – JUNE 21, 2022 from Business Mirror The Energy Regulatory Commission (ERC) has capped the cost of administering and operating the wholesale electricity spot market (WESM) at a total of P897.93 million for the years 2019 and […]

June 15, 2022

Published by admin at June 15, 2022

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WESM operator seeks review of IEMOP

By Myrna M. Velasco – June 14, 2022, 5:47 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) is asking the Department of Energy (DOE) to review the circular which created the Independent Electricity Market Operator […]