May spot power prices decline 11.2% vs April
Business World Philippines
|June 04, 2025
POWER prices on the Wholesale Electricity Spot Market (WESM) fell in May as supply growth outpaced that of demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said.
IEMOP reported that WESM rates system-wide declined 11.2% month on month in May to P4.01 per kilowatt-hour (kWh).
Between April 26 and May 25, the available supply increased 4.1% to 22,218 megawatts (MW). Demand rose 2.9% to 15,169 MW.
Diese Geschichte stammt aus der June 04, 2025-Ausgabe von Business World Philippines.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Business World Philippines
Business World Philippines
Rice farmers in the Philippines face more pressure as imports resume
FILIPINO RICE FARMER Elvira C. Fadriquelan knew the numbers would not work long before she sold her wet-season harvest in October.
3 mins
January 05, 2026
Business World Philippines
Trump's Venezuela attack will be judged by what happens next
POSSIBLY, just possibly, Donald Trump just scored a foreign-policy success that could define his legacy.
4 mins
January 05, 2026
Business World Philippines
A new year for Rajo Laurel
THE first month of the year is turning up roses for designer Rajo Laurel: he's set to represent the Philippines in Thailand in an artistic presentation on Jan. 30.
3 mins
January 05, 2026
Business World Philippines
Crude oil prices edge lower after biggest annual loss since 2020
Oil prices settled lower on Friday on the first trading day of 2026 after registering their biggest annual loss since 2020, as investors weighed oversupply concerns against geopolitical risks, including the war in Ukraine and Venezuela exports.
2 mins
January 05, 2026
Business World Philippines
BJM hands over THACO sleeper buses to Cagsawa Travel and Tours
BJ MERCANTILE, INC. (BJM), the official distributor of THACO commercial vehicles in the Philippines, has officially turned over the country's first two THACO sleeper buses to Cagsawa Travel and Tours, Inc., to set \"a new standard for stylish, comfortable, and convenient travel between Manila and the Bicol region.
1 mins
January 05, 2026
Business World Philippines
Chery Tiggo rEV excels in DoE-administered fuel-efficiency test
CHERY AUTO PHILIPPINES reported that the Chery Tiggo rEV (range extended electric vehicle) Luxury Edition (LE) recently recorded a \"best-in-class fuel efficiency rating of 84.28 km/Lge (kilometers per liter of gasoline equivalent) in a fuel economy run conducted by the Department of Energy (DoE) last September.
1 mins
January 05, 2026
Business World Philippines
A Birkin looks better on your arm than in a hedge fund
SOCIAL MEDIA algorithms know me better than I do.
3 mins
January 05, 2026
Business World Philippines
Mexico reports second screwworm case in two days
MEXICAN authorities reported a case of the New World screwworm parasite late on Thursday, the second case reported in two days as Mexico works to contain an outbreak that has kept the US-Mexico border closed to Mexican livestock.
1 min
January 05, 2026
Business World Philippines
Mang Inasal shows appreciation for all-time high 57 award wins in 2025
MANG INASAL caps 2025 thankful for the support of its customers and content creation partners who have enabled the Brand to garner 57 recognitions from local and international award-giving bodies.
1 min
January 05, 2026
Business World Philippines
BoI approves P1.56 trillion in investments in 2025
THE BOARD of Investments (BoI) said it has approved a total of P1.56 trillion in investments in 2025, registering the secondhighest level of investment approvals in the agency's 58-year history.
1 mins
January 05, 2026
Listen
Translate
Change font size