WESM electricity prices increased in early May
iThe Independent Electricity Market Operator of the Philippines monitored a more than P1-per-kilowatt hour increase in electricity prices at the ...
Read moreTag: Wholesale Electricity Spot Market
Higher power demand lifts spot market prices
The Independent Electricity Market Operator of the Philippines said Tuesday electricity demand increased in April amid higher temperature, resulting in ...
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‘Upward pressure’ on Meralco bills with fuel hikes
Consumers are facing higher fuel and power rates as oil companies implement a pump price hike of as much as ...
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First Gen’s reported 5% increase in recurring income to P265m in 2022
First Gen Corp., the Lopez Group‘s clean and renewable energy provider, said Friday its recurring net income went up 5 ...
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ERC starts review of secondary price cap at electricity spot market
The Energy Regulatory Commission said Monday it started the review of the secondary price cap imposed at the spot market, ...
Read moreWESM operator proposes more than P1b in market fees
The Independent Electricity Market Operator of the Philippines and the Philippine Electricity Market Corp. asked the Energy Regulatory Commission to ...
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WESM launch
President Marcos Jr. leads the launch of the Wholesale Electricity Spot Market (WESM) in Mindanao meant to stabilize the supply ...
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Power rates likely higher in February—Meralco
Power retailer Manila Electric Co. said Friday electricity rates may be higher in February following the lapse of a distribution-related ...
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Electricity spot market in Mindanao starts operations
The Wholesale Electricity Spot Market in Mindanao started commercial operations on Thursday, according to the Department of Energy. It said ...
Read moreMeralco to procure supply from spot market as 300-MW GNPower deal ended
Power retailer Manila Electric Co. said Wednesday it would start procuring supply from the Wholesale Electricity Spot Market after its ...
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Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.