
July 24, 2023
Curious about what happened in the energy market this past week? 💡📊 Mabuhay Energy's Weekly Market Update has you covered! We've compiled for you the Luzon average electricity prices and demand per day, along with the power plant activities that occurred within each day. We also include environmental factors that may affect our electricity prices and demand. Weekly Rundown: The tropical depression affecting the country continues to lower the electricity demand in Luzon. Average electricity price in Luzon has also lowered due to the inclement weather. To maintain the power grid, an Automatic Load Dropping (ALD) was initiated when Kalayaan Unit 4 tripped. Here's the day-to-day breakdown: Jul 16: Sunday - Southwest monsoon continued to bring heavy rains to the country. Jul 17: Monday - Sta. Rita Module 10 & 20 came online. Calaca Unit 2 tripped while Ilijan Unit 1 came online. Jul 18: Tuesday - Calaca Unit 2 went online. Jul 19: Wednesday - LPA estimated East of Visayas as heavy rains are experienced in the country. Jul 20: Thursday - LPA estimated East of Visayas as heavy rains continue to affect the country. Ilijan Unit 1 & 2 tripped. Jul 21: Friday - LPA moves north and estimated East of South Luzon. Ilijan Unit 1 & 2 went online, along with Sual Unit 1. ALD occurred due to the trip of Kalayaan Unit 4. Jul 22: Saturday - Tropical Depression "Egay" is estimated East of South Luzon and continues to bring heavy rains throughout the country. Stay abreast on 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: Your Partner for Growth
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