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Meralco to tap more WESM power following delays in CSP approval
Business World Philippines
|July 11, 2025
POWER distributor Manila Electric Co. (Meralco) expects to resort to the Wholesale Electricity Spot Market (WESM) due to delays in obtaining approval to seal some power contracts via competitive selection.
“We can confirm that the DoE (Department of Energy) has not yet issued any certificate of compliance for any CSP (competitive selection process) scheduled for 2025,” Meralco Vice-President and Head of Utility Economics Lawrence S. Fernandez said on Thursday in reply to a query on the status of the company’s power procurement plans.
Meralco needs certifications for its three proposed CSPs involving 200 megawatts (MW) of renewable energy baseload power, 600-MW baseload, and 450-MW mid-merit.
The three CSPs form part of the power distributor’s 2025 power supply procurement plan to obtain over 2,100 MW between 2026 and 2028, which has already been approved by the DoE.
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