Topic

Wholesale Electricity Spot Market (WESM)

Latest Daily Tribune news and analysis on Wholesale Electricity Spot Market (WESM).

  2. ERC Chairperson and CEO Atty. Francis Saturnino C. Juan said, ‘We want to ensure orderly market operations and mitigate undue price volatility during the market suspension,’ adding that, ‘through close coordination with power producers, we are putting in place appropriate pricing and settlement mechanisms to support a stable and transparent electricity market.’

    ERC presses power industry to back WESM fix

    The Energy Regulatory Commission pushes new pricing and settlement measures to stabilize the electricity market and manage volatility amid the WESM suspension.

    1 MIN READ

  4. (FILE PHOTO)

    Steady WESM prices seen amid ample supply

    The Independent Electricity Market Operator of the Philippines forecasts stable electricity prices at WESM in the coming months, supported by ample supply,…

    1 MIN READ

  5. CREC profit climbs 11 percent in 2024

    CREC profit climbs 11 percent in 2024

    Citicore Renewable Energy Corp. (CREC) reported an 11% rise in net income to P1 billion in 2024, driven by a 42% surge in electricity sales and expanding…

    1 MIN READ

  6. Manila Electric Co. (Meralco)

    October rate slash breaks 3-month hikes

    Meralco has announced a 36-centavo per kilowatt-hour (kWh) reduction in overall electricity rates this month. The improved supply situation in the Luzon grid…

    1 MIN READ