Versuchen GOLD - Frei
WESM prices spike to highest in 7 months
The Philippine Star
|April 04, 2025
After hitting a two-year low last month, power rates in the Wholesale Electricity Spot Market (WESM) nearly doubled in March, driven by lower supply and higher demand due to hotter weather.
Latest data from the Independent Electricity Market Operator of the Philippines (IEMOP) showed that WESM rates soared by 95.5 percent to P5.34 per kilowatt-hour in March from P2.73 per kWh in February.
The March rate marks the highest in the past seven months or since August 2024's P5.94.
For the Feb. 26-March 25 period, overall supply slipped by 4.4 percent to 19,611 megawatts from 20,512 MW previously as several power plants went into forced outage and operated at derated capacities.
System-wide demand, on the other hand, was higher by 5.9 percent to 13,670 MW from 12,904 MW on a monthly basis.
Diese Geschichte stammt aus der April 04, 2025-Ausgabe von The Philippine Star.
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 The Philippine Star
The Philippine Star
Imee: BBM on drugs; Palace hits 'desperation'
Malacañang yesterday branded as a \"desperate move\" Sen. Imee Marcos' claim that her brother, President Marcos, and his wife Liza are using illegal drugs, dismissing it as an attempt to malign the First Couple.
1 mins
November 18, 2025
The Philippine Star
Now everyone wants to be a state witness
Before this whole flood corruption mess unraveled, grapevine talk on who the key players and masterminds were.
3 mins
November 18, 2025
The Philippine Star
'The Man Who Refused to Fade Away'
That line \"The man who refused to fade away\" wasn't coined by me but by writer Franchesca Tuazon, a member of the Gen Z demographic, when she was writing the obit for former Senate President Juan Ponce Enrile. He passed away last Nov. 13 at the age of 101.
3 mins
November 18, 2025
The Philippine Star
Bea Alonzo now freely shuttles between Madrid and Manila
After investing in a property in Madrid, Spain back in 2022, Bea Alonzo can now easily shuttle between Madrid and Manila. In 2023, she brought her family to Spain and Andorra, where they spent a white Christmas for the first time.
3 mins
November 18, 2025
The Philippine Star
SM’s NU expanding 4 campuses
The SM Group’s National University (NU) is expanding four of its existing campuses to meet the growing demand for quality education and accommodate more students.
1 min
November 18, 2025
The Philippine Star
Remittances rise 3.7% in September
Cash remittances grew by 3.7 percent in September, its fastest pace in five months, as overseas hiring remained steady, Middle East deployments continued to normalize and households began preparing for school and holiday expenses.
1 mins
November 18, 2025
The Philippine Star
Vehicle sales stall in October
The Philippine automotive industry registered flat sales in October from the same month a year ago as demand for passenger cars declined.
1 mins
November 18, 2025
The Philippine Star
ICI takes Co videos with grain of salt
Can resigned lawmaker Zaldy Co's allegations on social media about P100 billion worth of budget insertions be admissible as evidence in the ongoing flood control corruption probe?
1 min
November 18, 2025
The Philippine Star
Bersamin, DBM chief resign
Recto named ES; Go next DOF chief
5 mins
November 18, 2025
The Philippine Star
DOF: 2025 GDP growth to fall way below target
The country’s economy is now projected to settle at a growth rate of as low as 4.7 percent this year, according to the Department of Finance (DOF), a figure that falls short of the government's official target range of 5.5 to 6.5 percent, and signals a weaker-than-expected economic performance.
1 mins
November 18, 2025
Listen
Translate
Change font size