WESM restarts; bill spikes likely
The Energy Regulatory Commission (ERC) will resume nationwide Wholesale Electricity Spot Market (WESM) operations in May, restoring market-driven electricity…
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Latest Daily Tribune news and analysis on WESM negative pricing.
The Energy Regulatory Commission (ERC) will resume nationwide Wholesale Electricity Spot Market (WESM) operations in May, restoring market-driven electricity…
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March spot power prices in the Philippines surged 23% in the Wholesale Electricity Spot Market as tighter supply, higher demand, plant outages and transmission…
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The Energy Regulatory Commission pushes new pricing and settlement measures to stabilize the electricity market and manage volatility amid the WESM suspension.
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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…
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MORE Power said the lower rates were driven mainly by reduced electricity demand, which increased supply margins and pushed down prices at the Wholesale…
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Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped to a seven-month low in September 2025, driven by higher supply, lower demand, and…
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Electricity prices in the Wholesale Electricity Spot Market (WESM) rose to P3.99/kWh in July despite lower supply and demand, due to plant outages and limited…
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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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‘The price trend from April to May showed a decline, in contrast to the same period in 2024, where prices increased.’
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Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped by 11% in May to P4.01/kWh, driven by higher power supply outpacing demand,…
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The Independent Electricity Market Operator of the Philippines forecasts stable electricity prices at WESM in the coming months, supported by ample supply,…
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‘We are consistently keeping a close watch on how the electricity market is moving to make sure price signals remain reflective of actual system conditions…
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