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..
Tag Archives: WESM
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..
The Department of Energy (DOE) announced that the power reserve spot market looks to commence commercial operations on December 26 this year. In a report..
The Philippines can expect a decrease in power prices for the next few months amid the ease of global coal prices and the declining rates..
Green Tiger Markets, the country’s first forward market for electricity, completed its first trade on its hedging platform for the Philippine Electricity market. The company..
The Manila Electric Company (MERALCO) has announced a decrease in electricity rates this July of Php 0.7213 per kilowatt-hour (kWh), bringing the total cost for..
Alsons Consolidated Resources (ACR), intends to allocate a minimum of P6 billion over the next three years as it prepares for expansion in the renewable..
The Manila Electric Company (MERALCO) has recently announced a rate adjustment for June, with an increase of Php 0.4183 per kWh in the electricity rate...
The Manila Electric Company (MERALCO) recently announced Php 0.1761 per kilowatt-hour increase in electricity rates for the month of May to Php 11.4929 per kWh. ..
First Gen Corporation, announced growth in revenue during the first quarter of 2023, reaching Php 36.0 billion amid an increase in volume of electricity sales. ..
