Regional supply crunch drives June power prices up
Electricity consumers could face higher power costs after wholesale electricity prices jumped in June as tighter regional supply and persistent power plant…
· 2 min read
Daily TribuneTopic
Electricity consumers could face higher power costs after wholesale electricity prices jumped in June as tighter regional supply and persistent power plant…
· 2 min read
Electricity consumers could face higher power costs after wholesale electricity prices jumped in June as tighter regional supply and persistent power plant…
· 2 min read
Market-driven electricity pricing is set to return as the Wholesale Electricity Spot Market (WESM) resumes nationwide operations starting in May, following…
· 3 min read
Market-driven electricity pricing is set to return as the Wholesale Electricity Spot Market (WESM) resumes operations nationwide starting in May for more…
· 2 min read
Electricity prices in the Wholesale Electricity Spot Market (WESM) spiked in March as thinning supply and rising demand squeezed the power system, raising the…
· 2 min read
The Energy Regulatory Commission (ERC) is pushing power producers to support its proposed settlement framework and the publication of its Draft Resolution on…
· 1 min read
The Energy Regulatory Commission (ERC) has suspended the Wholesale Electricity Spot Market (WESM), the country's power trading hub, to replace market-driven…
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The emergency powers that Congress would likely grant President Ferdinand Marcos Jr. can be employed to regulate the market.
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Changes in WESM prices directly affect the cost of electricity purchased by distribution utilities, which in turn influences power rates paid by households and…
· 2 min read
Wholesale Electricity Spot Market (WESM) prices rose in December as tighter supply conditions in the Visayas and Mindanao pushed prices higher, offsetting…
· 2 min read
MORE Power said the lower rates were driven mainly by reduced electricity demand, which increased supply margins and pushed down prices at the Wholesale…
· 1 min read
Power consumers may feel some relief in their December bills as electricity prices in the Wholesale Electricity Spot Market (WESM) eased in November.
· 1 min read
Electricity prices in the Wholesale Electricity Spot Market (WESM) climbed sharply in October as surging demand and unplanned power plant outages tightened…
· 2 min read
Electricity prices in the Wholesale Electricity Spot Market (WESM) fell to their lowest level in seven months in September as abundant supply and weaker demand…
· 2 min read
Spot market electricity prices rose in August as demand picked up and supply declined due to plant outages, according to the Independent Electricity Market…
· 1 min read
Electricity prices in the Wholesale Electricity Spot Market (WESM) increased in July despite lower supply and demand, according to the Independent Electricity…
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Outgoing Energy Regulatory Commission (ERC) chairperson and CEO Monalisa Dimalanta said electricity rates can still go down, with reforms already showing…
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‘IEMOP should implement a policy framework that ensures defaulters are held accountable and that compliant members are protected from bearing the cost of…
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