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Power spot market prices to remain low

Power spot market prices to remain low Danessa Rivera © The STAR/Walter Bollozos, file Power spot market prices to remain low MANILA, Philippines The Independent Electricity Market Operator of the Philippines (IEMOP) expects wholesale electricity spot market (WESM) prices to remain generally low this year despite an increase in demand. In a virtual briefing yesterday, IEMOP manager for pricing valuation and analysis John Paul Grayda said spot market prices are projected to reach as low as P2.20 per kilowatt-hour and as high as P3.70 per kwh this year. Grayda said these prices are near, if not similar, to the ESSP recorded last year when most of the country was placed under strict quarantine protocols due to the coronavirus (COVID-19) pandemic.

PRC: COVID-19 saliva test 99% accurate

Philippine Red Cross: COVID-19 saliva test 99% accurate Neil Jayson Servallos © The STAR/Walter Bollozos, file Philippine Red Cross: COVID-19 saliva test 99% accurate MANILA, Philippines The United States has recorded a 99-percent detection rate for saliva tests in one million subjects tested for the coronavirus disease 2019, the Philippine Red Cross (PRC) revealed yesterday. PRC biomolecular laboratories chief Paulyn Ubial said the Red Cross, which had submitted its own trial results for the saliva test, is still awaiting approval of the Department of Health (DOH)’s health technology panel for its use. “Saliva tests are cheaper and can be done much easier. In the University of Illinois, they have done one million saliva tests and 99 percent detection or concordance rate was recorded,” Ubial said in an interview aired over TelerRadyo.

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