The Department of Energy (DOE) said there is a big probability that electricity rates could increase when the Malampaya gas field temporarily shuts down in..
Tag Archives: Wholesale Electricity Spot Market
The Energy Regulatory Commission (ERC) will be making changes to the imposition of the price mitigating measure in the Wholesale Electricity Spot Market (WESM) to..
The Wholesale Electricity Spot Market (WESM) in Luzon and Visayas has shifted from the one-hour interval to the five-minute trading yesterday, while the Mindanao Grid..
Average electricity prices in the Wholesale Electricity Spot Market (WESM) began going down in June due to more stable supply and lower power demand, according..
The Philippine Electricity Market Corporation (PEMC), which governs the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty. Oscar Ala retired from..
The Department of Energy (DOE) has admitted that the Luzon Grid does not have the enough capacity to meet the peak electricity demand, especially with..
Sen. Risa Hontiveros urged the Energy Regulatory Commission (ERC) to investigate the Manila Electric Company’s (MERALCO) power rate hike for June, saying it “defies logic”..
The Wholesale Electricity Spot Market’s (WESM) new trading mechanism will soon allow distribution utilities (DUs) and retail electricity buyers to opt for demand-side bidding at..
The Manila Electric Company (MERALCO) has announced a Php0.0798 per kilowatt-hour (kWh) increase in its electric billing for June due to price spikes in the..
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..