Curious about what happened in the energy market this past week? ⚡ Electricity demand peaked at 16,355 MW last week due to heightened commercial activity. Despite this elevated load, the market experienced a notable correction, with electricity prices declining to Php 7.00 per kWh from the Php 13.88 per kWh rate recorded in late May. This price rollback was primarily driven by improved grid stability, as power plant derated capacity dropped to a manageable 208.9 MW. 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