State-run Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Operator of the Philippines (IEMOP) have sealed an Operating Agreement (OA) to finalize the transfer..
Tag Archives: WESM
The Department of Energy will push through with the launch of Mindanao’s own Wholesale Electricity Spot Market (WESM) next month to assure reliable power supply...
The Department of Energy (DOE) is targeting a June launch for Mindanao’s Wholesale Electricity Spot Market (WESM), with over 1,000 megawatts (MW) of power set to..
Electricity spot market prices dived into a five-year low in December, keeping the annual average lower in the last three years, data from the Philippine..
First Gen Corporation announced that the 97 megawatts (MW) of power generated by its Avion natural gas-fired power plant can now be offered and traded on the..
The Wholesale Electricity Spot Market (WESM) recorded a 29 percent increase in the generating capacities of plants in the Visayas grid, which could mean stiffer..
To succeed in establishing a Wholesale Electricity Spot Market (WESM) in Mindanao, the government has to review the shortcomings of the discontinued interim spot market..