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1. The Wall Street Journal: "What Is a Spot Market?" 2. Investopedia: "Spot Market Definition" 3. CNBC: "Spot Market: What It Is and How It Works" 4. Investopedia: "Spot Market Trading: What You Need to Know" 5. Investopedia: "Spot Market vs. Futures Market: What's the Difference?" 6. Bloomberg: "Spot Market Primer: How Prices Get Set for Crude Oil" 7. Investopedia: "Spot Market vs. Forward Market: What's the Difference?" 8. Reuters: "Spot Market Investing: A Primer on Spot Market Basics" 9. Investor.gov: "Spot Market Investing: A Primer" 10. FXCM: "Spot Market Trading Basics"
ALCANTARA-LED Alsons Consolidated Resources, Inc. (ACR) reported an 11% increase in net income to P2.53 billion in 2024, driven by higher electricity demand and stronger spot market prices. “We are confident that our growth prospects will continue, fueled by the anticipated increase in power demand and our strategic focus on expanding our RES (retail electricity […]
Gold, Silver silver rates today, March 26: In the Indian spot market, 24-carat gold was priced at Rs 8,940 per gram, while 22-carat and 18-carat gold stood at Rs 8,195 and Rs 6,705 per gram, respectively. Get more Commodities News and Business News on Zee Business.
THE ENERGY Regulatory Commission (ERC) is ramping up the approvals of power supply agreements (PSAs) to minimize electric cooperatives’ (co-ops) exposure to the Wholesale Electricity Spot Market (WESM) as the summer season approaches. “We are rushing all the approvals for power supply agreements for particularly our electric cooperatives that are exposed to WESM,” ERC Chairperson […]
THE AVERAGE price of electricity at the Wholesale Electricity Spot Market (WESM) increased in March, as demand rose while supply decreased due to forced outages, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Data from IEMOP showed that the WESM price increased by 95.5% to P5.34 per kilowatt-hour (kWh) in March, from P2.73 […]
Manila Electric Co. (Meralco) said the delay in the full delivery of the Batangas natural gas plant under its power supply agreement (PSA) with Energy Excellence Resources, Inc (EERI) has nothing to do with the high prices in the Wholesale Electricity Spot Market (WESM). “The obvious and main cause for high WESM prices is the […]
ACEN Corp. saw a 28.3% drop in its first-quarter (Q1) attributable net income to P1.95 billion, mainly due to weaker power generation and lower spot market prices, the Ayala-led energy company said on Thursday. “ACEN’s first-quarter results reflect some of the challenges of scaling renewables. The company is strengthening its balance sheet with the planned […]