Saturday, May 2, 2026
Today's Print

Tag: electricity spot market

ERC sets market fee for electricity spot market operators

The Energy Regulatory Commission (ERC) has approved a total market fee of P0.0071 per kilowatt-hour (kWh), or equivalent to P3.3 billion, for the Independent...

New solar plant in Nueva Ecija goes live, combines energy, crop production

Rizal Green Energy Corp. (RGEC) is set to start commercial operations of its 19.6-megawatt (MW) San Jose Solar Power Plant (SJSPP) in Nueva Ecija...

ERC plans to raise secondary price cap in the electricity market to lure investors

The Energy Regulatory Commission (ERC) plans to raise the secondary price cap in the spot market to P9.8526 per kilowatt-hour from P6.245 per kWh. It...

IEMOP eyes June launching of power reserve market

The Independent Electricity Market Operator of the Philippines, which runs the electricity spot market, said Thursday it expects to launch the reserve market by...

Transmission link between Visayas and Mindanao grids to be completed by March

The Mindanao-Visayas Interconnection Project is expected to be completed by end of March this year, the Independent Electricity Market Operator of the Philippines, the...

Power rates likely to increase after SMC ended supply deal

Manila Elecric Co. said Wednesday consumers may face higher electricity prices next month after it was forced to get supply from the electricity spot...

NEA asks 11 electric co-ops to join launch of Mindanao spot market

The National Electrification Administration asked Mindanao electric cooperatives to complete their requirements to participate in the launch of the region’s electricity spot market next...

April power rate set to increase P0.087 per kWH, says Meralco

Manila Electric Co. said Wednesday power rates will increase by P0.0872 per kilowatt-hour to P8.4067 per kWh in April from P8.3195 per kWh in...

Average prices at electricity spot market rose in June

Prices at the electricity spot market rose in June to an average of P3.25 per kilowatt-hour from P2.19 per kWh in May on higher...

ERC control over WESM pricing upheld

The Supreme Court has upheld the authority of the Energy Regulatory Commission to implement price controls for the Wholesale Electricity Spot Market, the country’s...

Spot prices in electricity market down to P1.50/kwh

Average prices at the electricity spot market dropped to as low as P1.50 per kilowatt-hour in April, the lowest recorded, due to low demand...
- Advertisement -spot_img
- Advertisement -spot_img