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The Wholesale Electricity Spot Market (WESM) is set to launch in Mindanao on June 26, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which operates the spot market. IEMOP said...
The Energy Regulatory Commission (ERC) has approved the new price determination methodology (PDM) for the Wholesale Electricity Spot Market (WESM), which will help expedite the spot market’s opening in Mindanao. “The new...
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte...
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic, based on data from the Wholesale Electricity...
The operator of the Wholesale Electricity Spot Market (WESM) is currently doing research to develop detailed proposals for lower threshold implementation of the Retail Competition and Open Access (RCOA). The Independent Electricity...
The operations of the Wholesale Electricity Spot Market (WESM) in the Mindanao Grid will be delayed to the middle of next year, according to the Independent Electricity Market Operator of the Philippines...
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The Philippine Stock Exchange (PSE) can take over the operations of Wholesale Electricity Spot Market (WESM) if the market operator fails to do its job. This was according to the Department of...
An affiliate of Global Business Power (GBP) has been commended for its compliance to wholesale electricity spot market (WESM) rules. In a statement, GBP said its subsidiary Panay Energy Development Corp. (PEDC)...
