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 decreased slightly as the average market price went down this past week. Low average temperatures and rainy weather brought by the Southwest Monsoon resulted in lower electricity demand and prices in the market. The average electricity demand in the Luzon grid went down to as low as 9,160 MW, while average electricity prices went to as low as Php 3.39 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Aug 23: Friday - Weather Update: Easterlies affecting the eastern sections of Luzon and Visayas. SLTEC Unit 2 shutdown (Unplanned Outage). San Gabriel shutdown (Reserve Shutdown). San Lorenzo Module 60 shutdown (Planned Outage). Aug 24: Saturday - Weather Update: Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. San Gabriel shutdown (Reserved Shutdown). San Gabriel online (Reserve Shutdown). MPGC Unit 3 online (Unplanned Outage). Aug 25: Sunday - Weather Update: Southwest Monsoon affecting the western sections of Southern Luzon, Visayas, and Mindanao. San Gabriel shutdown (Reserve Shutdown). San Gabriel online (Reserve Shutdown). Aug 26: Monday - Weather Update: Southwest Monsoon affecting Southern Luzon, Visayas, and Mindanao. San Lorenzo 60 online (Planned Outage). San Lorenzo 60 shutdown (Unplanned Outage). San Lorenzo 60 online (Unplanned Outage). Aug 27: Tuesday - Weather Update: Southwest Monsoon affecting Southern Luzon and Visayas. MPGC 4 at 57MW tripped. On commissioning test (Unplanned Outage). Aug 28: Wednesday - Weather Update: Southwest Monsoon affecting Central Luzon, Southern Luzon, and Visayas. SLTEC 2 online (Unplanned Outage). Aug 29: Thursday - Weather Update: Southwest Monsoon affecting Central Luzon, Southern Luzon, and Visayas. 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, #YourPartnerforGrowth