Tuesday, May 19, 2026
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Tag: WESM

WESM prices began to soften in June

The Independent Electricity Market Operator of the Philippines said Wednesday the average electricity prices in the Wholesale Electricity Spot Market began to go down...

WESM spot prices increased in May

The average electricity prices at the Wholesale Electricity Spot Market, the trading floor of electricity, surged in May to nearly P8 per kilowatt-hour on...

Power rates likely to increase in May with completion of pass-through charges refund – Meralco

Power consumers may experience higher power rates in May with the completion of the refund of pass-through charges, coupled with the increase in Wholesale...

WESM sees power rates declining until January next year

Prices at the Wholesale Electricity Spot Market, the country’s trading floor of electricity, are expected to continue their downtrend until January, executives said Wednesday. John...

AC Energy wins awards in WCO Summit 2020

Ayala Corp.’s power generation arm AC Energy Inc. won several awards for exemplary compliance at the recently concluded Wholesale Electricity Spot Market Compliance Officers...

Meralco rates likely lower in December on sluggish demand

Power rates in the franchise area of Manila Electric Co. may decrease in December because of lower demand caused by the typhoons last month,...

Power spot market price spike anomaly?

"As consumers, we must be vigilant against all forms of market abuse."   An unexpected surge of electricity prices brought about by high charges in the...

MECQ reduces peak power demand by 700 megawatts

The Independent Electricity Market Operator of the Philippines said Tuesday peak demand at the Wholesale Electricity Spot Market declined by around 700 megawatts in...

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...

Electricity prices at the spot market drop almost 40%

The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine...

Meralco, other distributors extend power bill collection by a month

The Energy Regulatory Commission ordered distribution utilities in Luzon to extend by a month the collection of customer bills falling due on March 15...

Lawmaker opposes calls for PSE to take over WESM operations

A member of the House energy committee rejected calls for the Philippine Stock Exchange to take over the operations of the Wholesale Electricity Spot...

House to ask ERC officials over IEMOP’s fee collections

The House of Representatives will summon officials of the Energy Regulatory Commission to shed light on the ability of Independent Electricity Market Operator of...

Solons question independence of IEMOP as a spot market operator

Congressmen raised concern over the autonomy of Independent Electricity Market Operator of the Philippines as the operator of the Wholesale Electricity Spot Market, which...
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