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..
Tag Archives: WESM
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..
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..
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..
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..
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..
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..
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour..
Energy Sec. Alfonso Cusi has asked Shell Philippines Exploration B.V. (SPEX), the current operator of the Malampaya gas field, to explain the gas restrictions to..
The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22...