Wednesday, May 20, 2026
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Tag: IEMOP

Hot weather lifts power prices at spot market

The Independent Electricity Market Operator of the Philippines (IEMOP) reported a surge in the average price at the Wholesale Electricity Spot Market (WESM) this...

IEMOP trades over 46,000 RE certificates

The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday some 46,634 renewable energy certificates (RECs) amounting to P9.68 million were traded in...

WESM prices declined 14.3% in January

The average system-wide electricity rates at the Wholesale Electricity Spot Market went down by 14.3 percent to P2.96 per kilowatt-hour from P3.45 per kWh...

Spot market power prices decline on softer demand, cooler weather

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

IEMOP: WESM rates rise amid lower supply margins

The average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM) increased rose 6 percent to P4.42 per kilowatt-hour (kWh) from P4.39 per...

IEMOP to launch renewable energy market in December

The Independent Electricity Market Operator of the Philippines (IEMOP) is preparing for the full commercial operations of the renewable energy market (REM) by December...

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...
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