Curious about what happened in the energy market this past week?
Originally posted

Curious about what happened in the energy market this past week? The market demand and prices experienced significant volatility throughout the week, heavily influenced by shifting weather conditions and a surge in forced plant outages. Electricity demand peaked at 11,444 MW on Tuesday, while electricity prices spiked to as high as Php 12.62 per kWh on Monday following the emergency shutdown of Pagbilao 3. Despite mid-week price rollbacks down to Php 4.38 per kWh due to monsoon conditions, tightening supply dynamics later pushed rates back up to Php 9.48 per kWh toward the weekend. This pressure on the grid was driven by a high total derated power plant capacity of 426.5 MW and key plant trippings. 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
