July 16, 2021

PEMC tightens compliance monitoring in 5-minute WESM dispatch

By Myrna M. Velasco – July 16, 2021, 8:00 AM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), which is the governance body of the Wholesale Electricity Spot Market (WESM), has tightened its monitoring systems on the outcomes as […]
July 13, 2021

WESM eases prudential guarantee, dispatch requirements for Mindanao grid

By Myrna M. Velasco – July 12, 2021, 2:00 PM from Manila Bulletin The operator of the Wholesale Electricity Spot Market (WESM) is temporarily enforcing ‘relaxed rules’ – for at least three months, on the prudential requirement (PR) as well […]
July 12, 2021

IEMOP notes improved forecasting after EWDO rollout

By Angelica Y. Yang – July 9, 2021 | 6:31 pm from Business World THE Independent Market Operator of the Philippines (IEMOP) observed an improvement in its peak demand projections following the launch of its five-minute wholesale electricity spot market […]
July 10, 2021

Meralco rates up by P0.2353/kWh in July billing

By Myrna M. Velasco – July 9, 2021, 1:20 PM from Manila Bulletin The customers of Manila Electric Company (Meralco) will have to brace for higher electric bills this month, as the utility firm’s overall tariff had been up by […]