December 18, 2024

Spot market power prices decline on softer demand, cooler weather

By Alena Mae S. Flores – December 17, 2024, 8:10 pm from manilastandard.net 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 the first two […]
December 11, 2024

PH renewable energy market to open Dec. 26

By Alena Mae S. Flores – December 10, 2024, 7:05 pm from manilastandard.net The Department of Energy (DOE) said Tuesday the renewable energy market (REM) will start full commercial operations on Dec. 26, 2024 after all critical preparatory activities were […]
November 15, 2024

NGCP to implement over P600 billion in transmission projects

By Gabriell Christel Galang – Nov 14, 2024 03:24 PM from Manila Bulletin Transmission service provider National Grid Corporation of the Philippines (NGCP) has reported that there are more than 100 projects under the Transmission Development Plan (TDP) that will […]
November 7, 2024

Power rates at spot market seen remaining stable in fourth quarter

By Alena Mae S. Flores – November 5, 2024, 8:35 pm from manilastandard.net 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 the year due […]