Customers of Manila Electric Company (MERALCO) can expect a significant reduction in June electricity rates, reversing the previously announced increase. This change comes as the..
Tag Archives: Wholesale Electricity Spot Market
The Energy Regulatory Commission (ERC) approved a staggered payment plan for the Wholesale Electricity Spot Market (WESM) purchases over the next four months, beginning in..
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..
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 Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity spot prices rose at the beginning of April due to a surge in..
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..