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,..
Tag Archives: Wholesale Electricity Spot Market
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..
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..
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a possible hike in power rates in December due to..
Effective settlement spot prices (ESSPs) in the wholesale electricity spot market (WESM) dropped to a six-year low in January with P1.90 per kilowatt-hour (kWh), the..
Department of Energy Secretary Alfonso Cusi is eyeing more investments in merchant power plants to spur competition in the electricity spot market. The energy secretary..
Electricity spot market prices dived into a five-year low in December, keeping the annual average lower in the last three years, data from the Philippine..
Mindanao might see an implemented electricity spot market in the region by June 2017, a Philippine Electricity Market Corp. (PEMC) official said. PEMC president Melinda..
Spot prices in the Wholesale Electricity Spot Market (WESM) continued to fall this month due to higher supply and lower demand because of cooler temperatures...
Further evaluation must be done before the spot market’s shift to an independent market operator (IMO), even as the law requires it, Senator Sherwin Gatchalian..
