Curious about what happened in the energy market this past week?⚡ Electricity demand steadily rose to a sustained weekly peak of 11,660 MW. Driven by this higher sustained load and a severe wave of power plant forced outages, the market experienced a significant surge, with electricity prices increasing to a peak of Php 11.89 per kWh from the Php 7.00 per kWh recorded in the week before. This price hike was primarily driven by tight supply margins, as a barrage of major plant trips more than doubled the total derated power plant capacity to 435.5 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