Tag: Wholesale Electricity Spot Market (WESM)
WESM Jan electricity prices drop 14.3% on-month as demand wanes
The average price of electricity on the Wholesale Electricity Spot Market (WESM) for January dropped 14.3 percent from December across the country, preliminary figures from the Independent Electricity...
Meralco rates to fall P0.2189/kWh this Jan
Electricity rates in Metro Manila for January will drop by P0.2189 per kilowatt hour (kWh) as a result of lower generation charges after a two-month...
GDP growth to push 2025 power demand 5% higher
An expanding economy will likely push the demand for power by 5 percent this year, considering that the total value of goods and services...
WESM rates down in Dec
Initial average price of electricity in the Wholesale Electricity Spot Market (WESM) decreased for December in the entire country, according to the Independent Electricity Market Operator...
