The Energy Regulatory Commission (ERC) is reviewing the appeal of generation companies (GenCos) for possible upward adjustment in the secondary price cap (SPC) of the Wholesale Electricity Spot Market (WESM) as existing rate could no longer support warranted return on investments (ROIs) if they will
Independent power producers (IPPs) in the country are asking for a permanent zero tariff on all types of coal imports from non-ASEAN countries to diversify sources of coal outside of Indonesia and ensure energy security in the country.
In a presentation during the public hearing conducted by t
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ELECTRICITY demand in Luzon is expected to peak at 12,300 megawatts (MW) in May, according to the Independent Electricity Market Operator of the Philippines (IEMOP). “Peak demand is projected to happen in May, around 12,300MW. We just entered the summer months. I think our projection will increase for April. With…
The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month s level, IEMOP reported.