Tuesday, May 12, 2026
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Tag: IEMOP

Electricity rates at spot market rose in September

The Independent Electricity Market Operator of the Philippines said Monday the average electricity rates at the spot market went up by P0.19 per kilowatt-hour...

WESM prices surged by P2 in first 10 days of September

The Independent Electricity Market Operator of the Philippines reported an increase in the average prices at the Wholesale Electricity Spot Market by P2 per...

Operator sees higher electric rates on big demand

The Independent Electricity Market Operator of the Philippines said Thursday it saw an increase in the average price of electricity in March from the...

Power demand in Luzon reached a peak of 11,513 MW on March 22

The Independent Electricity Market Operator of the Philippines said it recorded the highest peak load in Luzon this year at 2:14 p.m. Tuesday when...

WESM prices began to soften in June

The Independent Electricity Market Operator of the Philippines said Wednesday the average electricity prices in the Wholesale Electricity Spot Market began to go down...

IEMOP eyes market for power reserves

Independent Electricity Market Operator of the Philippines is pushing for mechanisms and programs to help long-term power capacity building, including the establishment of the...

WESM spot prices increased in May

The average electricity prices at the Wholesale Electricity Spot Market, the trading floor of electricity, surged in May to nearly P8 per kilowatt-hour on...

Retail power competition and open access for 500 kW threshold begins

Some 800 power consumers with an average monthly consumption of 500 kilowatt-hours can start switching and choose their own suppliers with the effectivity of...

IEMOP set to reduce open access threshold

The Independent Electricity Market Operator of the Philippines said Wednesday it started preparations for the lowering of threshold of retail competition and open access...

MECQ reduces peak power demand by 700 megawatts

The Independent Electricity Market Operator of the Philippines said Tuesday peak demand at the Wholesale Electricity Spot Market declined by around 700 megawatts in...

Average prices at electricity spot market rose in June

Prices at the electricity spot market rose in June to an average of P3.25 per kilowatt-hour from P2.19 per kWh in May on higher...

Fair and square

"Consumers demand nothing less from Meralco."     Before the COVID-19 lockdowns, the Department of Energy (DoE) was expecting a very tight power supply situation in 2020....

Power rate likely to rise starting June

The Independent Electricity Market Operator of the Philippines assured the public of sufficient power supply to meet the expected increase in demand in June...

Electricity prices at the spot market drop almost 40%

The average prices at the Wholesale Electricity Spot Market plunged by almost 40 percent in the first week of the 30-day enhanced community quarantine...
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