July 14, 2020

WESM operator ordered to refund ‘over-collections’

By Elisor Recide – July 13, 2020, 10:00 PM from Manila Bulletin The Energy Regulatory Commission (ERC) has ordered the operator of the Wholesale Electricity Spot Market (WESM) to refund over-collections in market transaction fees (MTFs) that accrued during the […]
July 10, 2020

Can Meralco Sell More Power than It is Buying? Meralco’s Conflicting Declarations (Part 2)

Part 2 David Celestra Tan, MSK 10 July 2020 Meralco’s energy sales according to their Annual Report 2019 Meralco’s purchases of power that it passes on to its customers as the generation charge are reported monthly to the consumers and […]
July 10, 2020

SEC amenable to WESM derivatives market

By Myrna M. Velasco – July 9, 2020, 10:00 PM from Manila Bulletin With physical deliveries The Securities and Exchange Commission (SEC) has reportedly given its go-signal on the establishment of a “derivatives market” in the Wholesale Electricity Spot Market […]
July 8, 2020

Meralco rates to go up this July billing

By Myrna M. Velasco – July 7, 2020, 10:00 PM from Manila Bulletin With steady increase in demand last month following wider re-opening of the economy, the electricity rates to be billed by Manila Electric Company (Meralco) will be slightly […]