The Wholesale Electricity Spot Market’s (WESM) new trading mechanism will soon allow distribution utilities (DUs) and retail electricity buyers to opt for demand-side bidding at..
Tag Archives: WESM
The Manila Electric Company (MERALCO) has announced a Php0.0798 per kilowatt-hour (kWh) increase in its electric billing for June due to price spikes in the..
Customers of the Manila Electric Company (MERALCO) should expect higher electric bills this June as price surges in the Wholesale Electricity Spot Market (WESM) last..
The Energy Regulatory Commission (ERC) has openly tagged power generation companies (gencos) as the culprits behind last week’s Red Alerts in Luzon with plants went..
The National Grid Corporation of the Philippines (NGCP) expects Red Alerts to go on in the Luzon Grid until June 7. NGCP spokesperson Atty. Cynthia..
Average electricity prices at the Wholesale Electricity Spot Market (WESM) surged to almost Php8 per kilowatt-hour (kWh) this May due to increased demand as the..
The Department of Energy (DOE) has approved the new trading interval at the Wholesale Electricity Spot Market (WESM) of five minutes, shortened from the existing..
The Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around..
The Philippine Electricity Market Corporation (PEMC), regulator of the Wholesale Electricity Spot Market (WESM), seeks the Energy Regulatory Commission’s (ERC) approval of additional spot market..
Aboitiz Power Corporation has denied being involved in “economic sabotage” in the wake of the Department of Energy’s warning to generating companies on the possible..