Wholesale Electricity Spot Market (WESM) – Page 74

July 27, 2021

Published by admin at July 27, 2021

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MORE Power, PSALM forge electricity supply agreement

BY LENIE LECTURA – JULY 26, 2021 from Business Mirror Razon-led MORE Electric and Power Corp. (MORE) has signed a power supply deal with state-owned Power Sector Assets and Liabilities Management Corp. (PSALM). “We have a bilateral contract with PSALM. […]

July 23, 2021

Published by admin at July 23, 2021

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Meralco remains the biggest player in power retailing segment – DOE report

By Myrna M. Velasco – July 22, 2021, 1:59 PM from Manila Bulletin The power retailing segment of the restructured electricity sector still crowned power giant Manila Electric Company (Meralco) as the biggest player with 37-percent market share, according to […]

July 23, 2021

Published by admin at July 23, 2021

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ERC urged to impose penalties on rate hike-causing GenCos

By Myrna M. Velasco – July 22, 2021, 1:57 PM from Manila Bulletin The Energy Regulatory Commission (ERC) is prodded to impose penalties against the generation companies (GenCos) that have caused unwarranted rate hikes during the power supply-strained summer months. […]

July 20, 2021

Published by admin at July 20, 2021

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Co-ops: Supply issues caused higher power prices

By Angelica Y. Yang – July 18, 2021 | 7:59 pm from Business World THE PHILIPPINE Rural Electric Cooperatives Association, Inc. (Philreca) said that electricity rates rose in June due to supply issues and not the failure of electric […]