MARKET OPERATIONS

HIGHLIGHTS

Media Briefing for January 2023 WESM Results

10 February 2023 | Online Meeting via Zoom

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

[26 November to 08 February 2023] Luzon-Visayas Supply, Demand, and Price1

SO declared yellow alerts in Luzon Adequate supply was experienced
and Visayas grids due to multiple throughout the January 2023 billing period
unplanned generator outages

Demand consumption dipped

as brought by holidays

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)
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
February 2023 Billing3 13,601 9,785 3,817 7.43 02/07/2023 14:10 14,082 12,233 1,849 22.41
1 Hourly average values are shown on the graph 3 As of February 8, 2023
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

(Jan 2023 & Dec 2022) (Jan 2023 & Jan 2022)
Difference % Difference %

AVE. SUPPLY (MW) 1,347 10.45 2,092 17.23

AVE. DEMAND (MW) -914 -8.99 709 8.30

AVE. MARGIN (MW) 2,261 83.19 1,383 38.46

AVE. LWAP1 (Php/kWh) -2.66 -31.59 -1.31 -18.53

1LWAP – Load Weighted Average Price
OPERATIONAL HIGHLIGHTS
MARKET OPERATIONS HIGHLIGHTS 06

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

Malampaya Turnaround
4-18 February 2023

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)
February 2023 Billing3 13,601 9,785 3,817 7.43 02/07/2023 14:10 14,082 12,233 1,849 22.41
February 2023 Billing4 13,789 9,907 3,882 7.55 02/24/2023 14:00 17,595 13,685 3,910 11.99

1 Hourly average values are shown on the graph 3 Actual market results as of 08 February 2023
2 Intervals may be applied with Secondary Price Cap 4 Including data starting from 09 February 2023 which are based on projections.
 MARKET OPERATIONS HIGHLIGHTS 07

Malampaya Turnaround [4-18 February 2023]

Natural Gas Power Plants

CAPACITY FUEL TYPE

RESOURCE NAME FACILITY NAME STATUS
MW
GAS OIL
03AVION_U01 Avion Natural Gas-Fired Power Plant Unit 1 ONLINE 47.2 ✓
03AVION_U02 Avion Natural Gas-Fired Power Plant Unit 2 ONLINE 45.8 ✓
03ILIJAN_G01 Ilijan Natural Gas Combined-Cycle Power Plant 1 ONLINE 600 ✓
03ILIJAN_G02 Ilijan Natural Gas Combined-Cycle Power Plant 2 OUTAGE 600
03SNGAB_G01 San Gabriel Power Plant OUTAGE 420

03STA-RI_G01 Sta. Rita Natural Gas Power Plant 1 ONLINE 257.3 ✓

03STA-RI_G02 Sta. Rita Natural Gas Power Plant 2 ONLINE 255.7 ✓
03STA-RI_G03 Sta. Rita Natural Gas Power Plant 3 ONLINE 265.5 ✓
03STA-RI_G04 Sta. Rita Natural Gas Power Plant 4 ONLINE 264 ✓
03STA-RI_G05 San Lorenzo Combined-Cycle Gas Turbine Power Plant Unit 50 ONLINE 265 ✓
03STA-RI_G06 San Lorenzo Combined-Cycle Gas Turbine Power Plant Unit 60 ONLINE 265 ✓
TOTAL CAPACITY 3,285.5
1 Status as of 09 February 2023
 MARKET OPERATIONS HIGHLIGHTS 08

Malampaya Turnaround [4-18 February 2023]

Major Plants on Outage
PLANT NAME CAPACITY, MW START END REMARKS

ILIJAN UNIT 1 600 06/04/2022 19:45
ILIJAN UNIT 2 600 06/05/2022 00:00
MASINOC UNIT 1 315 12/23/2022 23:40
SLPGC UNIT 2 149.6 01/07/2023 23:56
PAGBILAO UNIT 3 420 01/14/2023 00:20
SCPC UNIT 2 150 01/17/2023 07:00
QPPL UNIT 1 460 01/20/2023 23:59
PEDC UNIT 1 83.7 01/23/2023 00:55
GMEC UNIT 1 316 02/02/2023 00:55
KALAYAAN UNIT 3 180 02/02/2023 07:20
KALAYAAN UNIT 4 180 02/02/2023 07:20
STA RITA UNIT 6 265 02/03/2023 23:38
SAN GABRIEL UNIT 1 420 02/03/2023 23:52
STA RITA UNIT 6 265 02/04/2023 03:27
STA RITA UNIT 2 255.7 02/04/2023 20:36
STA RITA UNIT 2 255.7 02/05/2023 20:31
STA RITA UNIT 2 255.7 02/06/2023 20:59
ILIJAN UNIT 1 600 02/08/2023 03:02
STA RITA UNIT 2 255.7 02/08/2023 03:29
02/07/2023 14:26 End of Cooperation period of Ilijan NGPP
End of Cooperation period of Ilijan NGPP
Planned outage until Feb 21, 2023
Planned outage until Feb 17, 2023
Planned outage
02/07/2023 23:28 Planned outage
Planned outage
PMS
02/04/2023 11:00 Maintenance outage for repair of forced draft fan.
Heavy water leak at spherical valve trunnion
Heavy water leak at spherical valve trunnion
02/04/2023 02:34 From change over from gas to oil
Malampaya Turn-around activity
02/06/2023 11:05 GT protection actuated.
02/05/2023 01:36 Tripped due to activation of GT protection
02/06/2023 05:22 Tripped due to activation of GT protection
02/07/2023 15:30 Tripped due to activation of GT protection
02/08/2023 21:52 Emergency shutdown due to hotspot at gas turbine area
02/08/2023 17:48 Tripped due to gas turbine protection actuation.
1 Status as of 09 February 2023
 MARKET
02 TRANSACTIONS
MARKET TRANSACTIONS MARKET OPERATIONS HIGHLIGHTS 013

Luzon-Visayas

BILLING PERIOD Feb-22 Mar-22 Apr-22 May-22 Jun-22 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-233
Metered Quantity (GWh) 6,716 6,580 7,224 7,538 7,827 7,226 7,259 7,374 7,280 7,180 6,823 6,388
Bilateral Quantity (GWh) 6,100 5,736 6,493 6,689 7,113 6,627 6,241 6,485 6,313 6,338 5,894 5,421
Spot Quantity (GWh) 616 844 731 849 714 599 1,018 889 967 842 929 967
Daily Average MQ1 (GWh) 217 235 233 251 252 241 234 238 243 232 227 206
Customer ESSP2 (PhP/KWh) 6.51 7.34 6.44 6.42 9.01 8.91 7.13 9.16 9.21 8.62 8.80 5.82
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).
3 Based on Preliminary Settlement
Generation Mix
MARKET OPERATIONS HIGHLIGHTS 014

January 2023
Nov 2022 to Jan 2023
Nov-2022 Dec-2022 Jan-2023
TYPE
GWh % GWh % GWh %

COAL 4,304 57.9 3,916 54.9 3,858 58.1

NAT.
1,280 17.2 1,298 18.2 1,116 16.8
GAS

GEO 768 10.3 790 11.1 806 12.1

HYDRO 595 8.0 436 6.1 433 6.5

BIOMASS 97 1.3 89 1.2 66 1.0

OIL-
140 1.9 318 4.5 36 0.5
BASED

WIND 94 1.3 140 2.0 169 2.6

SOLAR 155 2.1 147 2.1 148 2.2

BATTERY 3 0.03 2 0.03 2 0.04

TOTAL 7,436 100 7,135 100 6,635 100


HIGHLIGHTS
Decrease in supply levels
around 806 MW for December
2022. For January, an increase
of 1,347 MW was recorded.
Natgas plants use an oil fuel
during the Malampaya gas
facility maintenance outage.
Demand consumption for
December decreased by 188
MW or 1.82% compared to the
previous month. For January,
the demand further decreased
by 914 MW.
MARKET OPERATIONS HIGHLIGHTS 015
P
WESM rate for December
2022 is P8.42/kWh, and it
decreased to P5.76/kWh for
January 2023
03 WESM MINDANAO
 26
MILLION
CONSUMERS

4 43
PRIVATE

WESM
DISTRIBUTION GENERATION
UTILITIES COMPANIES

28 MINDANAO
COMMERCIALLY LAUNCHED LAST 26 JANUARY 2023

ELECTRIC
COOPERATIVES
10
METERING
SERVICES
PROVIDERS

12
DIRECTLY-
CONNECTED
CUSTOMERS
Summary of Market Results
Capacity, Available Supply, and Demand

There is an excess of available supply

Frequent Negative or Zero

Prices Cleared in 1st Week

Less Negative or Zero Prices

in 2nd Week

Market Prices Note: Values displayed are daily averages

Generator Performance
26 Jan 2023 – 08 February 2023
Generation Mix Breakdown of Availability

Registered
% Available % Outage % De-rated
Capacity, MW
COAL 2,265.9 75.6% 22.1% 2.3%
GEOTHERMAL 103.7 82.1% 0.8% 17.1%
HYDRO 922.6 88.9% 10.7% 0.5%
ROR-HYDRO 194.2 57.5% 14.0% 28.4%
OIL-BASED 672.8 86.6% 4.3% 9.1%
SOLAR 67.2 21.6% 53.0% 25.3%
BIOMASS 29.7 63.7% 12.7% 23.6%
BIOGAS 12.4 10.1% 0.0% 89.9%

*Does not include BESS (i.e., mostly on testing & commissioning)

Generation output is dominated by the following, in order
from the highest:
1. Coal
2. Impounding Hydro
3. Run-of-river Hydro
4. Geothermal
04 PEPIF 2023
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