9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte
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
Effective settlement spot prices (ESSPs) in the wholesale electricity spot market (WESM) dropped to a six-year low in January with P1.90 per kilowatt-hour (kWh), the lowest since 2011, according to the Philippine
Department of Energy Secretary Alfonso Cusi is eyeing more investments in merchant power plants to spur competition in the electricity spot market. The energy secretary is encouraging investors, especially foreign, to establish
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
Mindanao might see an implemented electricity spot market in the region by June 2017, a Philippine Electricity Market Corp. (PEMC) official said. PEMC president Melinda Ocampo said they are only waiting for
Spot prices in the Wholesale Electricity Spot Market (WESM) continued to fall this month due to higher supply and lower demand because of cooler temperatures. “The decrease in spot prices is attributable
