Outages, demand trigger 39% spike in May spot prices
Stronger electricity demand and widespread power plant outages drove wholesale electricity prices up by nearly 39 percent in May.
· 2 min read
Daily Tribune
Maria Bernadette Romero has spent over half a decade as a Business Journalist for the Daily Tribune, covering the Energy beat — from power plants to power lines — and keeping tabs on Transportation, Telecommunications, and the Capital Market. Before joining the publication, she worked as a Lifestyle contributor for an online magazine, a rookie reporter at the Philippine Star, and a Lifestyle writer at the Manila Bulletin. For invitations and story leads, drop her a line at mariabernadetteromero@gmail.com.
Stronger electricity demand and widespread power plant outages drove wholesale electricity prices up by nearly 39 percent in May.
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