The National Association of Electricity Consumers for Reforms says that before Maharlika funds are invested in the National Grid Corporation of the Philippines, the power firm should first solve problems affecting the industry
The average electricity spot market prices in Luzon as of October 28 rose to P6.74 per kilowatt hour (kWh) from the previous month’s average of P4.87 per kWh, as plant shutdowns reduced power supply. “As of October 28, the average price for the billing month of October 2023 is P6.74 kWh. We would like to
The realization of a one Philippine grid is expected to happen this year with the completion of the P52 billion Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines.
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.