Monday, January 26, 2026
Today's Print

Tag: IEMOP

Power rates at spot market seen remaining stable in fourth quarter

Average electricity prices at the Wholesale Electricity Spot Market are expected to remain stable at around P4 per kilowatt-hour for the remaining months of...

Spot market prices decline 34% amid cooler temperatures

The average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined by 34 percent to P3.88 per kilowatt-hour in September from P5.94 in...

Power prices at spot market fell in August

Average system-wide rates at the Wholesale Electricity Spot Market (WESM) declined in August 2024 by 0.4 percent to P5.94 per kilowatt-hour from P5.97 per...

ERC lifts order suspending reserve market

The Energy Regulatory Commission (ERC) on Tuesday lifted a suspension on the billing and settlement of the price determination methodology (PDM) in the Wholesale...

June WESM prices softened 24% as rainy season starts

Preliminary rates at the Wholesale Electricity Spot Market (WESM) softened in June 2024 by 25 percent with the onset of the rainy season which...

Prices at electricity spot market increased P1 per kWh in May

The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the system-wide average electricity prices at the Wholesale Electricity Spot Market (WESM) soared...

Power market prices up due to outages, says market operator

Power rates showed an increase when the red and yellow alerts were imposed in the Luzon and Visayas grids last week due to insufficient...

Power rate increases expected in hot dry months starting April

The Independent Electricity Market Operator of the Philippines (IEMOP) expects prices at the electricity spot market to increase to a range of P5 to...

IEMOP clears registration of Nabas wind expansion site

PetroWind Energy Inc. (PWEI) said over the weekend its 13.2-megawatt Nabas wind power project in Aklan province (Phase-2) secured approval for energization, a step...

WESM prices seen going down in December amid low demand

The average system-wide prices at the Wholesale Electricity Spot Market (WESM) will likely stay at P3.90 per kilowatt-hour (kWh) for the December billing month,...

Luzon power rates increase in October

Luzon electricity spot market prices soared in the first half of October to as high as P7.58 per kilowatt-hour (kWh) or an increase of P2.71...

IEMOP reports lower prices at spot market

The Independent Electricity Market Operator of the Philippines which runs the Wholesale Electricity Spot Market (WESM) said Tuesday electricity prices in Luzon declined in...

Lower spot market prices observed in past 2 weeks

The Independent Electricity Market Operator of the Philippines said Monday it observed lower spot market prices in the first two weeks of August on...

IEMOP: Trial operations of power reserve market now in full swing

The Independent Electricity Market Operator of the Philippines said Thursday trial operations of the reserve market is now in full swing as part of...
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