January 3, 2022

Psalm-Meralco accord seen to boost consumers savings

BY LENIE LECTURA – JANUARY 3, 2022 from Business Mirror THE “Contract for the Supply of Electric Energy,” or CSEE, between the Manila Electric Co. (Meralco) and the Power Sector Assets and Liabilities Management Corp. (Psalm) will result in savings […]
December 27, 2021

WESM system enhancements eyed

By Myrna M. Velasco – December 26, 2021, 9:30 PM from Manila Bulletin The country’s Wholesale Electricity Spot Market (WESM) will be undertaking enhancements on its new market management system (NMMS) so it can accommodate the registration of more participants […]
December 25, 2021

Power spot prices in December inching up

By Myrna M. Velasco – December 24, 2021, 4:03 PM from Manila Bulletin Filipino consumers may be greeted with bad news in the New Year as spot prices of electricity have been inching higher this month, December, due to continued […]
December 22, 2021

Average power spot market price climbs by 22%–IEMOP

BY LENIE LECTURA – DECEMBER 22, 2021 from Business Mirror The average spot price of electricity on the Wholesale Electricity Spot Market (WESM) as of December 18 went up to P6.32 per kilowatt hour (kWh) from November’s P5.17 per kWh. […]