Power spot market prices ease
The average price in the wholesale electricity spot market eased in April due to lower demand and as power plants on outage resumed operations.
Source: philstar.com
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Power spot market prices increase as demand surges
Average electricity spot market prices rose in March as margins thinned with power demand breaching the pre-pandemic level, the Independent Electricity Market Operator of the Philippines said.
Source: philstar.com
Philippines' grid operator opens bids for reserve power providers
Angelica Y. Yang - Philstar. comJanuary 28, 2022 | 3:04pm MANILA, Philippines -- The National Grid Corp. of the Philippines (NGCP) is looking for interested ancillary service (AS) providers thatwill supply reserve power to the Luzon, Visayas and Mindanao grids, months ahead of the dry season. Ancillary services are needed to maintain the quality, reliability and security of
Source: energycentral.com
Electricity spot prices trending downwards for August
With cooler temperatures, higher availability of hydro plants and the relatively lower power demand, prices of electricity in the Wholesale Electricity Spot Market (WESM) has been trending downwards this month. In a presentation to the media, Engineer John Paul Grayda, manager for pricing ev
Source: mb.com.ph
WESM operator sees uptrend in electricity demand
The Independent Electricity Market Operator of the Philippines (IEMOP), which is the entity operating the Wholesale Electricity Spot Market (WESM), has been seeing uptrend in the country’s electricity demand. According to Robinson Descanzo, chief operating officer of IEMOP, the rise in power usa
Source: mb.com.ph