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 increased slightly this past week following the effects of the ridge of High-Pressure Area to the country, which brought humid weather and higher temperatures. The average electricity demand in the Luzon grid went to as high as 10,291 MW while average electricity prices went to as high as Php 9.61 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: July 26: Friday - Southwest Monsoon affecting Luzon and Visayas. Calaca 1 tripped (Unplanned Outage). EERI Unit 2 (Under test and commissioning). Sta. Rita 20 shutdown (Planned Outage) July 27: Saturday - Southwest Monsoon affecting Luzon and Visayas. SLTEC 2 online (Unplanned Outage). EERI Unit 2 online (On Testing and Commissioning). SCPC 4 with 150MW tripped (Unplanned Outage). SLPGC 1 shutdown (Planned Outage) July 28: Sunday - Southwest Monsoon affecting the western section of Luzon. SLTEC 1 shutdown (Planned Outage). EERI Unit 2 online (Under Testing and Commissioning). Calaca Unit 2 shutdown (Unplanned Outage) July 29: Monday - Southwest Monsoon affecting the western section of Luzon. EERI 2 shutdown (on commissioning). SCPC 4 online (Unplanned Outage) July 30: Tuesday - Southwest Monsoon affecting the western section of Luzon. EERI Unit 2 online (On Testing and Commissioning). EERI Unit 2 shutdown (On Testing and Commissioning) July 31: Wednesday - Weather Update: Southwest Monsoon affecting the western sections of Northern and Central Luzon. Sual 2 with 290MW tripped. (Unplanned Outage). San Gabriel online (Reserve Shutdown). Luzon Grid is on YELLOW Alert. The total capacity for forced outage is 2897.9MW. The total de-rated capacity is 120MW. GNPD 2 emergency shutdown (Unplanned Outage). SCPC 3 online (Unplanned Outage). Sual 2 online (Unplanned Outage) Aug 1: Thursday - Weather Update: Ridge of High-Pressure Area (HPA) extending over Northern Luzon. 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
