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Tag: Wholesale Electricity Spot Market (WESM)

Electricity prices at spot market dropped 15.3% in April, says IEMOP

The average system-wide electricity prices at the Wholesale Electricity Spot Market (WESM) declined by 15.3 percent to P4.52 per kilowatt-hour in April 2025 from...

Power prices at spot market declined in July

THE Independent Electricity Market Operator of the Philippines (IEMOP) announced slightly lower systemwide power rates at the spot market in July amid lower demand. Preliminary...

PEMC seeks to collect P241m in supplemental market fees

The Philippine Electricity Market Corp. (PEMC), the governance arm of the Wholesale Electricity Spot Market (WESM), plans to file an application with the Energy...

ERC halts power market as outages surge due to ‘Aghon’

The Energy Regulatory Commission (ERC) ordered the temporary suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon grid effective 1:05 pm  Monday...
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