Sunday, May 3, 2026
Today's Print

Tag: IEMOP

POWER SIMULATION.

The Department of Energy (DOE) and the Independent Electricity Market Operator of the Philippines (IEMOP) holds a consultative meeting to review initial simulation runs...

Spot market power prices fell in February

Wholesale electricity prices edged down 1.8 percent in February as a surge in available supply in Luzon offset tighter market conditions in the Visayas...

ME tensions threaten power costs

The Independent Electricity Market Operator of the Philippines has warned of higher electricity spot market prices due to heightened tensions in the Middle East. IEMOP...

Meralco warns of higher power rate in February

Power retailer Manila Electric Co. (Meralco) said Friday electricity rates for February 2026 may increase, based on preliminary data from suppliers that point to...

Spot power prices fell 18.6%in December

Average systemwide electricity charges in the Philippines fell 18.6 percent in January 2026 to P3.56 per kilowatt-hour (kWh) as softer demand offset supply constraints...

GNPower seeks P194-m refund

GNPower Kauswagan Ltd. Co. (GNPK) has filed a petition with the Energy Regulatory Commission (ERC) for a P194-million refund for penalties imposed by the...

POWER MONITORING.

The real-time operations team of the Independent Market Operator of the Philippines (IEMOP) monitors the supply and demand scenario at the Wholesale Electricity Spot...

Spot power prices rose in December amid higher supply

System-wide average electricity spot market prices rose to P4.38 per kilowatt-hour (kWh) in December 2025 from P3.98 per kWh in the previous month, according...

WESM price drops to P3.98/kWh in November

System-wide average price at the Wholesale Electricity Spot Market (WESM) declined by P0.56 per kilowatt-hour (kWh) in November to P3.98 per kWh from P4.54...

Power prices at spot market jumped in October on tighter supply margins

The Average systemwide prices at the Wholesale Electricity Spot Market (WESM) surged by P1.50 per kilowatt-hour (kWh) to P4.54 per kWh in October from...

AboitizPower unit decommissions diesel generator

Aboitiz Power Corp. wholly-owned subsidiary East Asia Utilities Corp. (EAUC) said Monday it decommissioned a diesel generator unit at its bunker C-fired diesel power...

ERC sets market fee for electricity spot market operators

The Energy Regulatory Commission (ERC) has approved a total market fee of P0.0071 per kilowatt-hour (kWh), or equivalent to P3.3 billion, for the Independent...

Power spot market rates to stay below P4 for per kWh

The Independent Electricity Market Operator of the Philippines (IEMOP), operator of the nation’s electricity spot market, expects average rates across the three grids to...

Meralco warns of higher October power generation charges on weak peso

Consumers of Manila Electric Co. (Meralco) are facing higher power generation charges this month due to the depreciation of the peso, which could be...
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