Electricity prices softened in November on higher supply
The Independent Electricity Market Operator of the Philippines said Wednesday average prices at the Wholesale Electricity Spot Market declined to ...
Read moreTag: Wholesale Electricity Spot Market
Mindanao electricity spot market set to start commercial operations this year
The Wholesale Electricity Spot Market in Mindanao is set to start commercial operations by the end of the year, an ...
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Global Business Power’s subsidiaries get awards
Two subsidiaries of Global Business Power Corp. received recognition for exemplary compliance with the Wholesale Electricity Spot Market rules. The ...
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WESM prices surged by P2 in first 10 days of September
The Independent Electricity Market Operator of the Philippines reported an increase in the average prices at the Wholesale Electricity Spot ...
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SC strikes down ERC regulation on power mart
The Supreme Court has nullified the order issued by the Energy Regulatory Commission (ERC) that regulated the prices in the ...
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Weak peso, higher WESM charges to raise Meralco rates this month
Consumers of Manila Electric Co. (Meralco) may have to brace for higher power rates in July due to the peso ...
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DOE urged to review 2 operators of WESM
Independent Electricity Market Operator of the Philippines Inc. urged the Department of Energy to assess the viability of having two ...
Read moreElectricity spot market prices slightly decreased in May on adequate supply
The average electricity prices at the Wholesale Electricity Spot Market declined slightly to P6.21 per kilowatt-hour in May from P6.26 ...
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Meralco sets rate hikes for next 3 months
The Manila Electric Co. (Meralco) on Monday disclosed that the overall rate for a typical household went up by P0.5363 ...
Read moreWESM set to resume operations in Visayas
The Energy Regulatory Commission ordered the Philippine Electricity Market Corp. to resume the operations of the Wholesale Electricity Spot Market ...
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