MARKET OPERATIONS

HIGHLIGHTS

December 2022 WESM Results

 SUPPLY, DEMAND
01 AND PRICE
OPERATIONAL HIGHLIGHTS
MARKET OPERATIONS HIGHLIGHTS 03

[26 October to 25 January 2023] Luzon-Visayas Supply, Demand, and Price1

SO declared yellow alerts in Luzon Drop in demand brought
and Visayas grids due to multiple by Christmas holidays
unplanned generator outages

Drop in demand brought

by Typhoon Paeng Adequate supply was experienced
throughout the January 2023 billing period

SUPPLY DEMAND PRICE

AVERAGE HIGHEST DEMAND
SUPPLY DEMAND MARGIN PRICE SUPPLY DEMAND MARGIN PRICE2
PERIOD COVERED DATE AND TIME
(MW) (MW) (MW) (PHP/KWH) (MW) (MW) (MW) (PHP/KWH)
November 2022 Billing 13,691 10,355 3,336 8.53 11/14/2022 14:45 15,186 13,088 2,098 6.37
December 2022 Billing 12,885 10,167 2,717 8.42 11/29/2022 13:55 13,870 12,993 877 6.37
January 2023 Billing 14,232 9,253 4,979 5.76 01/24/2023 14:45 14,780 11,656 2,967 9.62
1 Hourly average values are shown on the graph
2 Intervals may be applied with Secondary Price Cap
 MARKET OPERATIONS HIGHLIGHTS 04

SUPPLY, DEMAND, MARGIN & PRICE

Luzon-Visayas

M-on-M Change Y-on-Y Change

(Dec 2022 & Nov 2022) (Dec 2021 & Dec 2022)
Difference % Difference %

AVE. SUPPLY (MW) -806 -5.89 183 1.44

AVE. DEMAND (MW) -188 -1.82 935 10.13

AVE. MARGIN (MW) -618 -18.53 -752 -21.67

AVE. LWAP1 (Php/kWh) -0.11 -1.29 1.98 30.75

1LWAP – Load Weighted Average Price
 MARKET
02 TRANSACTIONS
MARKET TRANSACTIONS MARKET OPERATIONS HIGHLIGHTS 06

Luzon-Visayas

BILLING PERIOD Jan-22 Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22
Metered Quantity (GWh) 5,919 6,716 6,580 7,224 7,538 7,827 7,226 7,259 7,374 7,280 7,180 6,823
Bilateral Quantity (GWh) 5,617 6,100 5,736 6,493 6,689 7,113 6,627 6,241 6,485 6,313 6,338 5,894
Spot Quantity (GWh) 302 616 844 731 849 714 599 1,018 889 967 842 929
Daily Average MQ1 (GWh) 191 217 235 233 251 252 241 234 238 243 232 227
Customer ESSP2 (PhP/KWh) 7.01 6.51 7.34 6.44 6.42 9.01 8.91 7.13 9.16 9.21 8.62 8.80
1 Daily Average MQ is computed as [Total MQ / Total No. of Days] for the billing month
2 ESSP refers to Effective Spot Settlement Price. Prices used in the settlement are reflective of zero congestion cost component for Negros-Panay Generator and Loads as per ERC Directive (Until Oct 2022 Billing).
Generation Mix
MARKET OPERATIONS HIGHLIGHTS 07

December 2022
Oct 2022 to Dec 2022
Oct-2022 Nov-2022 Dec-2022
TYPE
GWh % GWh % GWh %

COAL 4,448 58.6 4,304 57.9 3,916 54.9

NAT.
1,262 16.6 1,280 17.2 1,298 18.2
GAS

GEO 752 9.9 768 10.3 790 11.1

HYDRO 520 6.8 595 8.0 436 6.1

BIOMASS 86 1.1 97 1.3 89 1.2

OIL-
270 3.6 140 1.9 318 4.5
BASED

WIND 84 1.1 94 1.3 140 2.0

SOLAR 162 2.1 155 2.1 147 2.1

BATTERY 3 0.03 3 0.03 2 0.03

TOTAL 7,587 100 7,436 100 7,135 100


HIGHLIGHTS
Decrease in supply levels Luzon-Visayas average
around 806 MW for demand for December
December 2022. For decreased by 188 MW or
January, an increase of 1.82% as compared to the
1,347 MW was recorded. previous month. For January,
the demand further
decreased by 914 MW.
MARKET OPERATIONS HIGHLIGHTS 08
P
Average WESM rate for
December 2022 is
P8.42/kWh and it
decreased to P5.76/kWh
for January 2023 as a
result of sufficient supply
margin.
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