Tuesday, November 18, 2025
Today's Print

Tag: WESM

Consumers avoided P40 billion in power costs due to renewable energy plants

Power consumers saved an aggregate net P40 billion in electricity costs between 2014 and 2020 because must-dispatch feed-in tariff (FIT) plants displaced expensive conventional...

Meralco warns of higher November power rates on weaker peso

Manila Electric Co. (Meralco), the Philippines’ largest power retailer, signaled that higher electricity rates are likely for November bills on rising pass-through charges, led...

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...

Weaker peso led to higher October power generation rates

Power retailer Manila Electric Co. (Meralco) on Monday announced an increase of P0.2331 per kilowatt-hour for October 2025 on the back of higher generation...

Power spot market rates to stay below P4 for per kWh

The Independent Electricity Market Operator of the Philippines (IEMOP), operator of the nation’s electricity spot market, expects average rates across the three grids to...

Nethercott joins Razon’s Primelectric

Richard Nethercott, the former president and chief executive of the Independent Electricity Market Operator of the Philippines (IEMOP), has joined billionaire Enrique Razon Jr.’s...

Power market reopens in quake-hit Bohol, Leyte

The Energy Regulatory Commission (ERC) has ordered the resumption of operations of the Wholesale Electricity Spot Market (WESM) in the Bohol and Leyte-Samar sub-grids...

San Miguel power affiliate cleared of outage violations

San Miguel Global Power Holdings Corp. (SMGP) said Wednesday its affiliate, South Premiere Power Corp. (SPPC), has been cleared of any violations related to...

Weak peso pushed up August power rates, says Meralco

Consumers of Manila Electric Co (Meralco) will see higher power rates in August, with an increase of P0.6268 per kilowatt-hour (kWh) due to higher...

Electricity spot prices increased in July—IEMOP

Average system-wide prices at the Wholesale Electricity Spot Market (WESM) rose slightly to P3.99 per kilowatt-hour (kWh) in July from P3.86 per kWh in...

Electricity spot market firm PEMC delisted as GOCC

The Governance Commission for Government-Owned or Controlled Corporations (GCG) has excluded the Philippine Electricity Market Corp. (PEMC) from the coverage of Republic Act No....

Electricity prices at spot market dropped in first half amid improved supply

Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped in the first half of 2025 on improved supply margins, growing renewable energy investments...

Unpaid WESM fees not passed on to consumers

The Independent Electricity Market Operator of the Philippines (IEMOP) assured the public that any unpaid fees at the Wholesale Electricity Spot Market (WESM) are...

PCCI flags WESM payment defaults

The Philippine Chamber of Commerce and Industry (PCCI) asked the Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP)...
- Advertisement -spot_img
- Advertisement -spot_img