July 8, 2020

Mindanao’s WESM to start in December

By Alena Mae S. Flores – July 07, 2020 at 08:20 pm from manilastandard.net The commercial operation of the Wholesale Electricity Spot Market in Mindanao is expected to start in December, an official of Independent Electricity Market Operator of the […]
July 6, 2020

Surge in demand props up electricity spot-market rate

By Lenie Lectura – July 6, 2020 from Business Mirror Electricity spot-market price for June went up to P3.25 per kilowatt-hour (kWh), from P2.19 per kWh in the previous month, data released by the Independent Electricity Market Operator of the […]
June 29, 2020

DOE to draft auction terms for power reserves procurement

By Myrna M. Velasco – June 27, 2020, 10:00 PM from Manila Bulletin The Department of Energy (DOE) has created a technical working group (TWG) that shall guide it in the formulation of auction terms under the competitive selection process […]
June 26, 2020

SC affirms ERC authority on ‘substitute pricing’ for WESM

By Myrna M. Velasco – June 25, 2020, 10:00 PM from Manila Bulletin The Supreme Court has upheld the authority of the Energy Regulatory Commission (ERC) on its move to enforce “substitute pricing” for the Wholesale Electricity Spot Market (WESM) […]