The Energy Regulatory Commission (ERC) has ordered the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon region due to insufficient generation capacity..
Tag Archives: WESM
The Energy Regulatory Commission (ERC) is issuing an order partially lifting the suspension on settlement amounts in the Reserve Market of the Wholesale Electricity Spot..
The Manila Electric Company (MERALCO) will implement an increase of Php 0.4621 per kilowatt hour (kWh) in the May electricity rate, after a considerable decrease..
The Energy Regulatory Commission (ERC) has suspended the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas after a series of Red Alerts were issued..
Data from the Independent Electricity Market Operator of the Philippines (IEMOP) said electricity tariffs surged last week during the execution of the Red and Yellow..
The Department of Energy (DOE) is seeking the opinions of stakeholders on its plan to implement a Causer Pays Mechanism (CPM). In a report by..
PetroWind Energy Inc. (PWEI) has acquired approvals for the activation of its 13.2-megawatt (MW) Phase-2 of its Nabas wind power project in Aklan. PWEI, formed..
The Independent Electricity Market Operator of the Philippines (IEMOP) warns the public that electricity prices are likely to surge from the beginning of summer until..
Generation companies (GenCos) have advocated for the elimination of the Php 6.245 per kilowatt hour (kWH) secondary price cap in the Wholesale Electricity Spot Market..
The Energy Regulatory Commission (ERC) reported a decrease in the average cost of electricity traded at the spot market in 2023, ending two consecutive years..
