The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order to PEMC, WESM’s governing...
The commercial operations of the Wholesale Electricity Spot Market (WESM) in Mindanao has been postponed once again to coincide with the completion of the Mindanao-Visayas Interconnection Project (MVIP). In a report by...
The Energy Regulatory Commission (ERC) has ordered the resumption of trading in the Wholesale Electricity Spot Market (WESM) in the Visayas a month after its suspension due to the widespread damage Typhoon...
Households may face higher electrical bills in February as rates in the Wholesale Electricity Spot Market (WESM) spiked after last week’s Yellow Alerts in the Luzon Grid. Based on a Manila Bulletin...
The Development Bank of the Philippines (DBP) has recently announced a new loan program aimed at expanding support for utility-scale solar power developers, as well as support renewable energy (RE) investments in...
The Energy Regulatory Commission (ERC) has issued a directive to distribution utilities (DUs) and electric cooperatives (ECs) in provinces affected by Typhoon Odette to give leeway to consumers in paying their electric...
The Energy Regulatory Commission (ERC) suspended operations of the Wholesale Electricity Spot Market in the Visayas on Thursday night due to the onslaught of Typhoon Odette in the region. This resulted in...
The average price of electricity at the Wholesale Electricity Spot Market (WESM) for October rose more than double from September, according to the Independent Electricity Market Operator of the Philippines (IEMOP). As...
The Philippine Electricity Market Corporation (PEMC), the governing body of the Wholesale Electricity Spot Market (WESM), said it is devising a refund scheme on congestion charges collected from Visayas electricity customers. The...
The launch date for the trading of electricity from ancillary services (AS) or reserve power would be moved to 2022, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which...
