^
+ Follow WESM Tag
Array
(
    [results] => Array
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                (
                    [ArticleID] => 2433299
                    [Title] => WESM prices spike to highest in 7 months
                    [Summary] => 

After hitting a two-year low last month, power rates in the Wholesale Electricity Spot Market  nearly doubled in March, driven by lower supply and higher demand due to hotter weather.

[DatePublished] => 2025-04-04 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/04/03/wesm_2025-04-03_19-50-54936_thumbnail.jpg ) [1] => Array ( [ArticleID] => 2426151 [Title] => WESM rates lowest in over 2 years [Summary] => The average price of power in the Wholesale Electricity Spot Market declined for the third straight month in February, the lowest since January 2023. [DatePublished] => 2025-03-06 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/03/05/wesm_2025-03-05_18-52-19781_thumbnail.jpg ) [2] => Array ( [ArticleID] => 2421307 [Title] => Higher power spot market rates loom [Summary] => Electricity rates in the country’s power spot market are likely to rise in the coming months due to higher demand driven by the summer heat and election campaign rallies. [DatePublished] => 2025-02-14 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/02/13/s_2025-02-13_18-42-35507_thumbnail.jpg ) [3] => Array ( [ArticleID] => 2391590 [Title] => NGCP: Transmission rates down for October billing [Summary] => Power consumers should expect lower overall transmission charges in their electricity bills this month, according to the National Grid Corp. of the Philippines. [DatePublished] => 2024-10-11 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2024/10/10/ngcp_2024-10-10_18-54-22502_thumbnail.jpg ) [4] => Array ( [ArticleID] => 2351959 [Title] => ERC suspends WESM operation on red alerts [Summary] => The Energy Regulatory Commission has suspended the Wholesale Electricity Spot Market due to a series of red alerts in the Luzon and Visayas grids since April 16. [DatePublished] => 2024-05-02 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808097 [AuthorName] => Patrick Miguel [SectionName] => Headlines [SectionUrl] => headlines [URL] => https://media.philstar.com/photos/2024/05/01/erc_2024-05-01_23-55-27443_thumbnail.jpg ) [5] => Array ( [ArticleID] => 2281446 [Title] => Balayrunon sa VECO mius-os [Summary] => Makatagamtan og g P0.61/kWh nga pagkunhod sa bayranan sa kuryente ang mga konsumidor sa Visayan Electric sa buwan sa Hulyo hangtod Agosto tungod sa pagkunhod sa presyo sa coal sa world market ug sa presyo sa kuryente sa Wholesale Electricity Spot Market. [DatePublished] => 2023-07-16 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1807809 [AuthorName] => Gie-Ann Tapic [SectionName] => Banat Balita [SectionUrl] => balita [URL] => ) [6] => Array ( [ArticleID] => 2280780 [Title] => Spot market fines First Gen subsidiary [Summary] => The PEM board governs the wholesale electricity spot market, where electricity could be traded as a commodity. [DatePublished] => 2023-07-13 10:32:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20171014/first-gen.jpg ) [7] => Array ( [ArticleID] => 2274141 [Title] => Power spot market prices likely lower this month – IEMOP [Summary] => Average electricity spot market prices for Luzon and Visayas are likely to go down this month due to lower demand and higher supply. [DatePublished] => 2023-06-16 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1805259 [AuthorName] => Richmond Mercurio [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2023/06/15/11111111_2023-06-15_19-40-18894_thumbnail.jpg ) [8] => Array ( [ArticleID] => 2244459 [Title] => One Philippines power grid happening soon [Summary] => The realization of a one Philippine grid is expected to happen this year with the  completion of the P52 billion Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines. [DatePublished] => 2023-02-13 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1805259 [AuthorName] => Richmond Mercurio [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 2243087 [Title] => ‘WESM in Mindanao to lower power cost’ [Summary] => The integration of the Mindanao grid into the Wholesale Electricity Spot Market will help lower power rates and bolster investments and economic activity in the region, President Marcos said yesterday. [DatePublished] => 2023-02-07 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1804761 [AuthorName] => Helen Flores [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
WESM
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 2433299
                    [Title] => WESM prices spike to highest in 7 months
                    [Summary] => 

After hitting a two-year low last month, power rates in the Wholesale Electricity Spot Market  nearly doubled in March, driven by lower supply and higher demand due to hotter weather.

[DatePublished] => 2025-04-04 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/04/03/wesm_2025-04-03_19-50-54936_thumbnail.jpg ) [1] => Array ( [ArticleID] => 2426151 [Title] => WESM rates lowest in over 2 years [Summary] => The average price of power in the Wholesale Electricity Spot Market declined for the third straight month in February, the lowest since January 2023. [DatePublished] => 2025-03-06 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/03/05/wesm_2025-03-05_18-52-19781_thumbnail.jpg ) [2] => Array ( [ArticleID] => 2421307 [Title] => Higher power spot market rates loom [Summary] => Electricity rates in the country’s power spot market are likely to rise in the coming months due to higher demand driven by the summer heat and election campaign rallies. [DatePublished] => 2025-02-14 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2025/02/13/s_2025-02-13_18-42-35507_thumbnail.jpg ) [3] => Array ( [ArticleID] => 2391590 [Title] => NGCP: Transmission rates down for October billing [Summary] => Power consumers should expect lower overall transmission charges in their electricity bills this month, according to the National Grid Corp. of the Philippines. [DatePublished] => 2024-10-11 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808224 [AuthorName] => Brix Lelis [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2024/10/10/ngcp_2024-10-10_18-54-22502_thumbnail.jpg ) [4] => Array ( [ArticleID] => 2351959 [Title] => ERC suspends WESM operation on red alerts [Summary] => The Energy Regulatory Commission has suspended the Wholesale Electricity Spot Market due to a series of red alerts in the Luzon and Visayas grids since April 16. [DatePublished] => 2024-05-02 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1808097 [AuthorName] => Patrick Miguel [SectionName] => Headlines [SectionUrl] => headlines [URL] => https://media.philstar.com/photos/2024/05/01/erc_2024-05-01_23-55-27443_thumbnail.jpg ) [5] => Array ( [ArticleID] => 2281446 [Title] => Balayrunon sa VECO mius-os [Summary] => Makatagamtan og g P0.61/kWh nga pagkunhod sa bayranan sa kuryente ang mga konsumidor sa Visayan Electric sa buwan sa Hulyo hangtod Agosto tungod sa pagkunhod sa presyo sa coal sa world market ug sa presyo sa kuryente sa Wholesale Electricity Spot Market. [DatePublished] => 2023-07-16 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1807809 [AuthorName] => Gie-Ann Tapic [SectionName] => Banat Balita [SectionUrl] => balita [URL] => ) [6] => Array ( [ArticleID] => 2280780 [Title] => Spot market fines First Gen subsidiary [Summary] => The PEM board governs the wholesale electricity spot market, where electricity could be traded as a commodity. [DatePublished] => 2023-07-13 10:32:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => http://media.philstar.com/images/the-philippine-star/business/business-main/20171014/first-gen.jpg ) [7] => Array ( [ArticleID] => 2274141 [Title] => Power spot market prices likely lower this month – IEMOP [Summary] => Average electricity spot market prices for Luzon and Visayas are likely to go down this month due to lower demand and higher supply. [DatePublished] => 2023-06-16 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1805259 [AuthorName] => Richmond Mercurio [SectionName] => Business [SectionUrl] => business [URL] => https://media.philstar.com/photos/2023/06/15/11111111_2023-06-15_19-40-18894_thumbnail.jpg ) [8] => Array ( [ArticleID] => 2244459 [Title] => One Philippines power grid happening soon [Summary] => The realization of a one Philippine grid is expected to happen this year with the  completion of the P52 billion Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines. [DatePublished] => 2023-02-13 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1805259 [AuthorName] => Richmond Mercurio [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 2243087 [Title] => ‘WESM in Mindanao to lower power cost’ [Summary] => The integration of the Mindanao grid into the Wholesale Electricity Spot Market will help lower power rates and bolster investments and economic activity in the region, President Marcos said yesterday. [DatePublished] => 2023-02-07 00:00:00 [ColumnID] => 0 [Focus] => 1 [AuthorID] => 1804761 [AuthorName] => Helen Flores [SectionName] => Nation [SectionUrl] => nation [URL] => ) ) )
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