Tag: IPPs
-
Power Producers Back Higher WESM Secondary Price Cap to Attract Investment
Stability and Signals: Why the WESM SPC Hike Matters A coalition of independent power producers (IPPs) has welcomed the 19-percent increase in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC). The change, announced by the Philippine energy regulator and market operators, is seen by industry players as a move that could reduce price…
-
Power Producers Welcome Higher WESM Secondary Price Cap Boost
Introduction: A Positive Signal for Investors A group of independent power producers (IPPs) has welcomed the 19-percent increase in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC). The move, which adjusts the ceiling at which prices in the market can peak, is seen by industry players as a clearer signal to investors that…
-
Power producers cheer higher WESM secondary price cap as investment signal grows
Industry welcomes 19% SPC increase in WESM A group of independent power producers (IPPs) has welcomed the 19-percent hike in the Wholesale Electricity Spot Market (WESM) secondary price cap (SPC), arguing the adjustment could sharpen price signals for investors and support cash flow planning across the sector. The change comes amid ongoing reforms in the…