Curious about what happened in the energy market this past week?⚡ The market demand and prices saw a sharp uptick compared to the previous week, driven by a worsening supply squeeze and multiple plant outages. Electricity demand peaked at 11,559 MW on Tuesday, while electricity prices spiked dramatically to as high as Php 15.36 per kWh on the same day. This substantial price surge was triggered by persistent monsoon weather and a near-doubling of the total derated power plant capacity, which climbed to 833.5 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