Wholesale Electricity Spot Market (WESM) – Page 70

October 6, 2021

Published by admin at October 6, 2021

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Higher fees for WESM even without prior ERC approval pushed

By Myrna M. Velasco – October 5, 2021, 3:25 PM from Manila Bulletin On fears that the Wholesale Electricity Spot Market (WESM) will be operating with financial deficit, its governance body Philippine Electricity Market Corporation (PEMC) is seeking higher market […]

October 4, 2021

Published by admin at October 4, 2021

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Malampaya gas restriction hiked Meralco rates by P0.69/kWh

By Myrna M. Velasco – October 3, 2021, 10:00 PM from Manila Bulletin The recurring gas restriction dilemma of the Malampaya field significantly accounted for the higher electric bills paid for by the customers of Manila Electric Co. (Meralco) this […]

September 30, 2021

Published by admin at September 30, 2021

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Customers affected by cable outage to get refund–PEMC

BY LENIE LECTURA – SEPTEMBER 29, 2021 from Business Mirror The Philippine Electricity Market Corp. (PEMC) will recommend to the Energy Regulatory Commission (ERC) a pricing scheme for the duration of the outage of the Cebu-Negros Submarine Cable, in its […]

September 27, 2021

Published by admin at September 27, 2021

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‘Power reserves market to launch in 2022’

BY LENIE LECTURA – SEPTEMBER 27, 2021 from Business Mirror Photo from www.iemop.ph THE target date for the trading of power reserves in the spot market would be moved to 2022, the Independent Electricity Market Operator of the Philippines (IEMOP) […]