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 ...
Read moreTag: Wholesale Electricity Spot Market
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 ...
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Electricity 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 ...
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WESM 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 ...
Read moreHigher WESM rates expected to push up January power bills
Power rates at the Wholesale Electricity Spot Market increased by more than P1 per kilowatt-hour in December because of plant ...
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Resumption of Malampaya gas operation leads to lower average price at electricity spot market
The average electricity price at the Wholesale Electricity Spot Market declined this month to P5.20 per kilowatt-hour from P6.51 per ...
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DOE readies circular on Mindanao WESM
The Department of Energy is preparing a circular that will declare the commercial operation of the Wholesale Electricity Spot Market ...
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ERC asks electricity market operator to explain ‘extreme’ price hike in Iloilo
The Energy Regulatory Commission asked Philippine Electricity Market Corp. to respond to the queries of MORE Electric and Power Corp. ...
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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.