9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic, based on data from the Wholesale Electricity
The operator of the Wholesale Electricity Spot Market (WESM) is currently doing research to develop detailed proposals for lower threshold implementation of the Retail Competition and Open Access (RCOA). The Independent Electricity
The operations of the Wholesale Electricity Spot Market (WESM) in the Mindanao Grid will be delayed to the middle of next year, according to the Independent Electricity Market Operator of the Philippines
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a possible hike in power rates in December due to the Malampaya gas platform’s maintenance shutdown from
The Philippine Stock Exchange (PSE) can take over the operations of Wholesale Electricity Spot Market (WESM) if the market operator fails to do its job. This was according to the Department of
An affiliate of Global Business Power (GBP) has been commended for its compliance to wholesale electricity spot market (WESM) rules. In a statement, GBP said its subsidiary Panay Energy Development Corp. (PEDC)
State-run Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Operator of the Philippines (IEMOP) have sealed an Operating Agreement (OA) to finalize the transfer of operations for the Wholesale Electricity Spot
The Department of Energy will push through with the launch of Mindanao’s own Wholesale Electricity Spot Market (WESM) next month to assure reliable power supply. This is amid the declaration of Martial
The Department of Energy (DOE) is targeting a June launch for Mindanao’s Wholesale Electricity Spot Market (WESM), with over 1,000 megawatts (MW) of power set to enter the grid. “The establishment of the
Electricity spot market prices dived into a five-year low in December, keeping the annual average lower in the last three years, data from the Philippine Electricity Market Corp. (PEMC) said. PEMC said
