Published February 26, 2021, 1:49 PM
With cyclical temperature rise, the operator of the Wholesale Electricity Spot Market (WESM) is forecasting demand increases during the summer months, primarily around April to May this year.
Nevertheless, according to Engineer John Paul Grayda, manager for pricing validation and analysis of WESM’s Independent Electricity Market Operator of the Philippines (IEMOP), the upswing in demand would still be below pre-pandemic level, given the lingering quarantine protocols still enforced by the government.
For the month of April, demand is projected to climb to 11,821 megawatts, which would be higher by 1,788MW compared to last year’s demand of 10,033MW on the same month.