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Power demand contraction and natural gas cronyism

USPLASH
Based on average power demand in the Luzon-Visayas grids for January and February, the Philippines’ first quarter 2021 GDP seems to point to a -5% contraction with a -6.7% power demand contraction in January and a -4.8% contraction in February.
Data from the Independent Electricity Market Operator of the Philippines (IEMOP) further shows that electricity prices at the Wholesale Electricity Spot Market, the customer effective spot settlement price (ESSP) and load-weighted average price (LWAP) remain low in January and February, reflecting low demand relative to supply
(see Table 1).
The indefinite lockdown policy of the government, turning exactly one year this coming March 15, remains the single biggest source of business uncertainties and economic contraction. ....

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Meralco opens 2021 with power rate hike

Meralco opens 2021 with power rate hike
By TED CORDERO, GMA News
Published January 8, 2021 11:56am
Updated January 8, 2021 9:24pm
Customers of the Manila Electric Company (Meralco) will welcome the first month of 2021 with higher electricity rates.
On Friday, the power distribution utility announced that after a series of power rate reductions in 2020 totaling P1.39 per kilowatt-hour (kWh), power rates for a typical household will increase by P0.2744 per kWh to P8.7497 per kWh this January from P8.4753 per kWh in December 2020.
The power rate increment is equivalent to an increase of around P55 in the total bill of residential customers consuming 200 kWh this month. ....

National Grid Corp , Energy Regulatory , Customers Of The Manila Electric Company Meralco , Manila Electric Company , Energy Regulatory Commission Approved , Wholesale Electricity Spot Market , Feed In Tariff Allowance , Universal Charge Environmental , National Grid , Universal Charges , Power Rate Hike , தேசிய கட்டம் கார்ப் , ஆற்றல் ஒழுங்குமுறை , மணிலா மின்சார நிறுவனம் , ஆற்றல் ஒழுங்குமுறை தரகு அங்கீகரிக்கப்பட்டது , மொத்த மின்சாரம் ஸ்பாட் சந்தை , தீவனம் இல் சுங்கவரி கொடுப்பனவு , உலகளாவிய கட்டணம் சுற்றுச்சூழல் , தேசிய கட்டம் , உலகளாவிய கட்டணங்கள் , பவர் ரேட் உயர்வு ,

Meralco rates up in January

Power distributor Meralco is starting the year with an upward rate adjustment of ₱0.2744 per kWh, meaning a typical household consuming 200 kWh monthly will be charged around ₱55 more in their electric bill. ....

Metro Manila , Philippines General , Manila Electric Company , Power Supply Agreement , Independent Power Producer , Feed In Tariff Allowance , மெட்ரோ மணிலா , பிலிப்பைன்ஸ் ஜநரல் , மணிலா மின்சார நிறுவனம் , சுயாதீனமான பவர் ப்ரொட்யூஸர் , தீவனம் இல் சுங்கவரி கொடுப்பனவு ,