Customers of the Manila Electric Company (MERALCO) should expect higher electric bills this June as price surges in the Wholesale Electricity Spot Market (WESM) last..
Tag Archives: Wholesale Electricity Spot Market
The Energy Regulatory Commission (ERC) has openly tagged power generation companies (gencos) as the culprits behind last week’s Red Alerts in Luzon with plants went..
The National Grid Corporation of the Philippines (NGCP) expects Red Alerts to go on in the Luzon Grid until June 7. NGCP spokesperson Atty. Cynthia..
Average electricity prices at the Wholesale Electricity Spot Market (WESM) surged to almost Php8 per kilowatt-hour (kWh) this May due to increased demand as the..
The Department of Energy (DOE) has approved the new trading interval at the Wholesale Electricity Spot Market (WESM) of five minutes, shortened from the existing..
The Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around..
The Philippine Electricity Market Corporation (PEMC), regulator of the Wholesale Electricity Spot Market (WESM), seeks the Energy Regulatory Commission’s (ERC) approval of additional spot market..
Aboitiz Power Corporation has denied being involved in “economic sabotage” in the wake of the Department of Energy’s warning to generating companies on the possible..
The peak demand in Luzon and Visayas is expected to breach 12,000 megawatts (MW) in the next three month, according to the Independent Electricity Market..
The average price in the Wholesale Electricity Spot Market (WESM) hit Php4.23 per kilowatt hour (kWh) this month, nearly twice the previous month’s, as both..