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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!…

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 increased slightly while the average market price went down this past week. The lower derated capacity of power plants from the previous week led to lower prices in the market. The average electricity demand in the Luzon grid went up to as high as 10,463 MW while average electricity prices went to as low as Php 2.95 per kWh. 𝐇𝐞𝐫𝐞'𝐬 𝐭𝐡𝐞 𝐝𝐚𝐲-𝐭𝐨-𝐝𝐚𝐲 𝐛𝐫𝐞𝐚𝐤𝐝𝐨𝐰𝐧: Sept 6: Friday - Weather Update: Trough of Super Typhoon YAGI formerly "ENTENG" affecting Extreme Northern Luzon. Southwest Monsoon affecting the rest of Luzon. Sept 7: Saturday - Weather Update: Southwest Monsoon affecting Luzon. SCPC Unit 1 (150MW) tripped (Unplanned Outage). Pagbilao 1 online (Planned Outage). SCPC 1 online (Unplanned Outage). Pagbilao 1 emergency shutdown (Unplanned Outage). Pagbilao 1 online (Unplanned Outage). EERI 1 online (On Commissioning Test). Pagbilao Unit 1 shutdown (Planned Outage). Sept 8: Sunday - Weather Update: Southwest Monsoon affecting Luzon. Pagbilao Unit 1 online (Planned Outage/Ongoing Testing). Pagbilao 1 emergency shutdown (Unplanned Outage). Sept 9: Monday - Weather Update: Southwest Monsoon affecting Luzon. EERI Unit 1 online (On-going test and commissioning). Pagbilao Unit 1 online (Planned Outage/On-going Testing). Sept 10: Tuesday - Weather Update: Southwest Monsoon affecting Luzon. SLPGC Unit 1 online (Planned Outage). Sept 11: Wednesday - Weather Update: Trough of Tropical Storm (BEBINCA) affecting the eastern section of the country. Southwest Monsoon affecting the rest of the country. NOTE: The Tropical Storm (BEBINCA) was outside the Philippine Area of Responsibility. SLPGC 1 shutdown (Unplanned Outage). SLPGC 1 online (Unplanned Outage). Sept 12: Thursday - Weather Update: Trough of Severe Tropical Storm (BEBINCA) affecting the eastern sections of Luzon and Visayas. The Southwest Monsoon affecting Mindanao, and the rest of Southern Luzon and Visayas. NOTE: The Severe Tropical Storm (BEBINCA) was outside the Philippine Area of Responsibility. 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

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