Wholesale Electricity Spot Market (WESM)

Archive

Lessons in Energy Resilience from the 2026 Middle East Crisis

Middle East Crisis and Conflict in the Gulf disrupts oil flows, jolts markets, and reveals
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Power Price Shock Looms: WESM Rates Seen Rising Amid Middle

Power rates could climb in April as WESM prices surge amid global fuel volatility, plant
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Meralco Rates Rise Ahead of Potential Fuel-Driven Power Price Surge

Meralco raises March electricity rates due to higher grid and generation costs, with officials warning
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Middle East Tensions Raise Risk Of Higher Philippine Electricity Prices

Escalating geopolitical tensions in the Middle East are raising concerns about possible increases in Philippine
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Meralco Customers See Higher February Rates Despite Lower Generation Costs

Meralco implemented a February rate increase as rising grid-related charges outweighed declines in generation costs.
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ERC Defends New GEA-All Charge As Consumers Urge Delay

ERC chair Francis Juan defends the GEA-All fee as payment for consumed renewable power, while
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1,350 MW in Renewable Capacity May Soon Open To New

1,350 MW in renewable capacity could reopen to developers as the DOE purges inactive GEAP
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Cheaper Power Ahead: WESM Prices Drop in November

Consumers may see relief as WESM power prices fall to ₱3.98/kWh, driven by improved generation
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