Wednesday, May 13, 2026
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Tag: WESM

WESM compliance

Jobin-SQM Inc. (JSI), a subsidiary of Emerging Power Inc. (EPI), the renewable energy arm of Nickel Asia Corp. (NAC), is ranked second of 58...

Power rates at spot market seen remaining stable in fourth quarter

Average electricity prices at the Wholesale Electricity Spot Market are expected to remain stable at around P4 per kilowatt-hour for the remaining months of...

Power rates likely lower in October

Consumers of Manila Electric Co. (Meralco) may expect lower rates in October 2024, after three months of consecutive increases as prices at the electricity...

Spot market prices decline 34% amid cooler temperatures

The average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined by 34 percent to P3.88 per kilowatt-hour in September from P5.94 in...

Power prices at spot market fell in August

Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per...

Power rates likely lower in August — Meralco

Power generation charges likely decreased this month on lower demand and better supply, power retailer Manila Electric Co. said Thursday. “While we have yet to...

ERC lifts order suspending reserve market

The Energy Regulatory Commission (ERC) on Tuesday lifted a suspension on the billing and settlement of the price determination methodology (PDM) in the Wholesale...

June WESM prices softened 24% as rainy season starts

Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which...

Reserve market likely to reopen in July, says ERC

The Energy Regulatory Commission (ERC) plans to resume the commercial operations of the reserve market in July 2024 as electricity prices are expected to...

Increased power rate of P12/kWh starts this month

Consumers of Manila Electric Co. (Meralco) would have to brace for higher rates by P0.6436 per kilowatt hour in their June bills due higher...

ERC approves staggered payment for DU purchases at WESM

The Energy Regulatory Commission (ERC) on Thursday approved the staggered payment of Wholesale Electricity Spot Market (WESM) purchases by distribution utilities (DUs) for four...

High generation cost triggers power rate hike in W. Visayas, coops say

ILOILO CITY – Electric cooperatives in Western Visayas have attributed the increased electricity rate as reflected in their May 2024 billing to the “significant...

ERC suspended operations of Luzon power market Monday

The Energy Regulatory Commission (ERC) ordered the temporary suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon grid effective 1:05 p.m. Monday...

ERC halts WESM operations after NGCP issues red alerts

The Energy Regulatory Commission (ERC) suspended the operations of the Wholesale Electricity Spot Market (WESM) starting at trading intervals 1:05 PM in the Luzon...
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