Tuesday, May 19, 2026
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Tag: WESM

Transfer of WESM operations legitimate

Philippine Electricity Market Corp. on Friday assured that the transfer of the Wholesale Electricity Spot Market operations to the Independent Electricity Market Operator of...

DOE defends appointment of IEMOP as new WESM operator

The Energy Department on Tuesday defended its move to transfer the operations of the Wholesale Electricity Spot Market to the Independent Electricity Market Operator...

Energy urges ERC to relax WESM rules

The Department of Energy urged the Energy Regulatory Commission to relax some of its requirements to enable the start of commercial operations of the...

Power rates expected to drop further in September

Power rates are expected to decline further this month amid improved supply and the impact of the net settlement surplus reduction, an executive of...

Power sector reforms stagnated–Gatchalian

The Philippines’ power sector stagnated 18 years after the passage of the Electric Power Industry Reform Act of 2001, which instituted reforms in the...

Meralco warns about higher rates in spot market

Power retailer Manila Electric Co. said this week’s electricity bill will reflect the higher charges in the Wholesale Electricity Spot Market, the trading floor...

WESM operator readies Mindanao electricity market

Independent Electricity Market Operator of the Philippines, operator of the Wholesale Electricity Spot Market, is laying the groundwork for the eventual operations of the...

PEMC assesses WESM operations

Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, is conducting readiness assessment for the implementation of the enhanced WESM...

Mindanao electricity market operations delayed to mid-2019

Commercial operations of the Wholesale Electricity Spot Market in Mindanao were delayed to middle of next year, according to an official of the Independent...

Retail competition in power pushed

The Independent Electricity Market Operator of the Philippines is urging authorities to end the regulatory uncertainty over the electricity market by moving full steam...

Tax reforms to increase power rates in two years

The Independent Electricity Market Operator of the Philippines Inc. warned that the staggered implementation of the government’s tax reform program will hike power rates...

WESM operator seeks P822-m fees

Philippine Electricity Market Corp., operator of the country’s electricity trading floor, is seeking approval from the Energy Regulatory Commission to approve proposed market fees...

Ilijan standoff to hike power rates

Consumers of Manila Electric Co. will be exposed to price volatilities at the Wholesale Electricity Spot Market, or WESM, if the government terminates the...

NGCP develops Mindanao protocol

National Grid Corp. of the Philippines said it developed the  Interim Mindanao Dispatch Protocol, paving the way for the successful launch of the Wholesale...
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