We should know by now that price of electricity in the spot market is not dictated with the commercial aspects alone but also, with the technical aspects of the system, specifically, the constraint in transmission system.
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Articles/Posts filed in 'Electricity Market'
While preparing for Christmas season, don’t forget to watch and monitor your electricity consumption because you might be shocked with your electric bill early next year.
In the past few weeks, the Philippine electric power industry has, once again, became a hot topic in news and media, now, the focus was on the Power Sector Assets and Liabilities Management Corporation (PSALM) and the National Power Corporation (Napocor or NPC) alleged manipulation of the cost of electricity in the Wholesale Electricity Spot […]
Nearly one and a half weeks after the implementation of WESM in the Philippines, we predicted, base from the available data and statements of energy officials, that Napocor will surely loss from power sales in the new power industry set-up.
The reduction of electricity prices in the Wholesale Electricity Spot Market (WESM) looks like a good news in a first glance, but if you are going to look forward in the future, this could be a source of the recurring bad news.
Excluding the Fixed Registration Fee of Php 50,000 per participant, all generators/sellers participating in the Philippine Wholesale Spot Electricity Market (WESM) will have to contribute for the payment of the Market Transaction Fees in the amount Php 433,624,276.00.
The Energy Regulatory Commission’s (ERC’s) approval of the application of GNPower Ltd. Co. for a retail electricity supplier’s license which was awarded on July 19, 2006 was marked as “another step forward” towards the full deregulation of Philippine power industry by introducing competition at the retail level.
Last week, we had a conversation with the building architect and building administrator of one of the towering buildings in Makati City. The main topic of the conversation was the current technologies in the solar energy conversion to electricity but the course of the discussion shifted on the power industry and the effect of the […]