Wholesale Electricity Spot Market (WESM) – Page 78

June 25, 2021

Published by admin at June 25, 2021

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PEMC asked to stop electricity adjustment rates

By Alena Mae S. Flores – June 24, 2021 at 07:35 pm from manilastandard.net The Energy Regulatory Commission ordered Philippine Electricity Market Corp. Thursday to defer the collection of the so-called Net Settlement Surplus adjustments of about P0.20 per kilowatt-hour […]

June 24, 2021

Published by admin at June 24, 2021

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Drop in power demand cuts spot market prices–IEMOP

BY LENIE LECTURA – JUNE 23, 2021 from Business Mirror The average Wholesale Electricity Spot Market (WESM) price dropped to P6.53 per kilowatt hour (kWh) from June 1 to 20 as demand for electricity eased compared to last month. “For […]

June 21, 2021

Published by admin at June 21, 2021

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Power generation firms have capacity for AS deals–PIPPA

BY LENIE LECTURA – JUNE 21, 2021 from Business Mirror SEVEN power generation companies (gencos) have offered a total of 1,349 megawatts (MW) of their capacity to be utilized as reserves for the power-hungry Luzon grid, the Philippine Independent Power […]

June 21, 2021

Published by admin at June 21, 2021

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PEMC slates election of new President

By Myrna M. Velasco – June 18, 2021, 4:08 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), which serves as a governance body of the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty Oscar […]