Curious about what happened in the energy market this past week?
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Curious about what happened in the energy market this past week? Mabuhay Energy's Weekly Market Update has you covered! We've compiled the Luzon average electricity prices and demand per day, along with the power plant activities that occurred each day. We also include environmental factors that may affect our electricity prices and demand. 𝐖𝐞𝐞𝐤𝐥𝐲 𝐑𝐮𝐧𝐝𝐨𝐰𝐧: The average market prices and demand increased following Yellow Alert statuses in the Luzon Grid this past week. Moreover, the easterly weather system brought warmer temperatures affecting the country. The average electricity demand in the Luzon-Visayas grid went up to as high as 11,794 MW while average electricity prices went up as high as Php 13.21 per kwH. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: April 26: Friday - Easterlies affecting the country. NGCP issued a Yellow Alert status for Luzon Grid. April 27: Saturday - Easterlies affecting the country. April 28: Sunday - Easterlies affecting the country. San Gabriel shut down and then went online from a Forced Outage while Kalayaan 3 tripped from a Forced Outage. April 29: Monday - Easterlies affecting the country. NGCP issued Yellow Alert status for Luzon Grid while Kalayaan 1 tripped from a Forced Outage. April 30: Tuesday - Easterlies affecting the country. NGCP issued a Yellow Alert status for Luzon Grid. Meanwhile, San Gabriel shut down and then went online from a Forced Outage. May 1: Wednesday - Easterlies affecting the country. NGCP issued Yellow Alert status for Luzon Grid while San Gabriel shut down and then went online from a Forced Outage. May 2: Thursday - Easterlies affecting the country. NGCP issued a Yellow Alert status for Luzon Grid. San Gabriel shut down and then went online from a Forced Outage while Kalayaan 3 tripped from a Forced Outage. Stay abreast of the happenings in the Philippine energy market by following us on social media! https://buff.ly/49gRfc3 https://buff.ly/3OpNgSu Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth
