MANILA, Philippines – The operation the wholesale electricity spot market (WESM) in the Visayas has been going on smoothly, an energy official said.
Philippine Electricity Market Corp. (PEMC) president Melinda Ocampo told reporters that the Visayas WESM is running smoothly after starting commercial operations last Dec. 26.
PEMC operates both the Visayas and Luzon WESM, the centralized venue for buyers and sellers to trade electricity as a commodity where prices are based on actual use (demand) and availability (supply).
Ocampo said PEMC will meet with market participants “to clarify and answer questions regarding issues they encountered during the first few days of commercial operations.”
She said prices of electricity traded at the Visayas WESM are now based on market forces.
WESM Visayas has been integrated to the Luzon grid since Dec. 26, making available excess capacities in Luzon to Visayas, and vice versa.
Ocampo said there are power suppliers in the Visayas who have no contracts and at the “WESM, we will be able to account for them.”
Energy Secretary Jose Rene Almendras also said those who previously opposed WESM in the Visayas here finally realized the benefits of putting it in place.
“Those who have opposed it have finally understood why we need to do it. I told them, if you allow WESM to operate today, your brownouts will end today,” he said.
Almendras said there will be a slight increase in the power rates in Visayas once WESM starts commercial operations.
Electric cooperatives in the Visayas earlier threatened to file a temporary restraining order against the operations of WESM but so far, no case has been filed. –Donnabelle L. Gatdula (The Philippine Star)
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.
