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. The higher derated capacity of power plants from the previous week led to higher prices in the market. The average electricity demand in the Luzon grid went up to as high as 10,459 MW while average electricity prices went to as high as Php 8.92 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Aug 2: Friday - Southwest Monsoon affecting the western sections of Visayas and Mindanao. Calaca 1 online (Unplanned Outage). Sta. Rita Module 10 shutdown (Planned Outage) Aug 3: Saturday - Southwest Monsoon affecting the western sections of Visayas and Mindanao. San Gabriel shutdown (Reserve Shutdown). Ilijan GT 1-1 shutdown (Unplanned Outage). Aug 4: Sunday - Southwest Monsoon affecting Visayas and Mindanao. Ilijan GT1-1 online (Reserve Shutdown). EERI 2 shutdown (On commissioning). San Gabriel online (Reserved Shutdown) Aug 5: Monday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 1,155 km East Northeast of Extreme Northern Luzon (24.1 N, 132.5 E). Southwest Monsoon affecting Palawan, Visayas, and Mindanao. MPGC 3 shutdown (Unplanned Outage). San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown). EERI Unit 2 online (On Testing and Commissioning) Aug 6: Tuesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 835 km East Northeast of Extreme Northern Luzon (24.8 N, 128.7 E). Southwest Monsoon was affecting Southern Luzon and Visayas. Calaca Unit 2 online (Unplanned Outage). Pagbilao 2 with 377MW tripped (Unplanned Outage). EERI Unit 2 tripped (On Testing and Commissioning). Masinloc 2 online (Planned Outage) Aug 7: Wednesday - At 3:00 AM today, the Low-Pressure Area (LPA) was estimated based on all available data at 575 km Northeast of Itbayat, Batanes (24.6 N, 125.6 E). Southwest Monsoon affected Central and Southern Luzon, and Visayas. Masinloc Unit 2 tripped from 76MW load. (Unplanned Outage). Masinloc Unit 2 online (Unplanned Outage). GNPD 2 online (Unplanned Outage). Pagbilao 2 online (Unplanned Outage). EERI 2 online (On test and commissioning) Aug 8: Thursday - Southwest Monsoon affecting Northern and Central Luzon. San Gabriel online (Reserve shutdown) 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