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 demand and price decreased slightly this past week following the effects of the Southwest Monsoon Low-pressure Area and Typhoon “Carina” in the country, which brought heavy rainfall and lower temperatures. The average electricity demand in the Luzon grid went down to as low as 7,942 MW while average electricity prices went to as low as Php 2.46 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 19: Friday - Low-Pressure Area (LPA) was estimated based on all available data at 135 km West Southwest of Calapan City, Oriental Mindoro. Meanwhile, another LPA was estimated based on all available data at 880 km East of Eastern Visayas. July 20: Saturday - Weather Disturbance Alert Notice (WDAN) is issued, the center of Tropical Depression "CARINA”. MPGC 1 online (Planned Outage). Calaca Unit 1 online (Unplanned Outage). SCPC Unit 3 online (Unplanned Outage). SCPC Unit 1 online (Unplanned Outage). July 21: Sunday - The center of Tropical Storm "CARINA" (GAEMI) was estimated based on all available data at 490 km East of Casiguran, Aurora (16.6N, 126.7E) with maximum sustained winds of 75 km/h near the center and gustiness of up to 90 km/h. It is moving West Northwestward at 10 km/h. San Gabriel online (Unplanned Outage). SCPC 4 online (Unplanned Outage). SCPC 2 online (Unplanned Outage). July 22: Monday - The center of Severe Tropical Storm "CARINA" {GAEMI} was estimated based on all available data at 390 km East Northeast of Casiguran, Aurora, or 425 km East of Tuguegarao City, Cagayan with maximum sustained winds of 100 km/h near the center and gustiness of up to 125 km/h. It is moving North Northwestward slowly. Malaya 2 online (Unplanned Outage). San Gabriel shutdown (Reserved Shutdown). July 23: Tuesday - The center of Typhoon CARINA was estimated based on all available data at 380 km East of Aparri, Cagayan with maximum sustained winds of 130 km/h near the center and gustiness of up to 160 km/h. It is moving north-northwestward at 10 km/h. SLTEC 2 with 108MW load tripped (Unplanned Outage). Calaca 1 emergency shutdown (Unplanned Outage). July 24: Wednesday - The center of the eye of Typhoon "CARINA" (GAEMI) was estimated based on all available data at 280 km Northeast of Itbayat, Batanes with maximum sustained winds of 155 km/h near the center and gustiness of up to 190 km/h. It is moving Northwestward at 25 km/h. SCPC 3 tripped with 139MW (Unplanned Outage). MPGC Unit 4 online (On-going test and commissioning.) Malaya 2 with 130MW tripped (Unplanned Outage). July 25: Thursday - Weather Disturbance Alert Notice (WDAN) for Super Typhoon CARINA has been lifted today, July 25, 2024. GNPD Unit 2 online (Planned Outage). Calaca Unit 1 online (Unplanned Outage). Stay abreast of the happenings in the Philippine energy market by following us on social media! info.mabuhayenergy.com/Linkedin info.mabuhayenergy.com/Facebook Data source: https://www.iemop.ph/ Mabuhay Energy: Your Partner for Growth
