December 27, 2023

El Niño casts dark cloud over Philippines power situation

By Richmond Mercurio – December 27, 2023 | 12:00am from The Philippine Star A farmer walks over cracked soil on a dried up Nueva Ecija field in this file photo. Temperatures are expected to soar across large parts of the […]
December 18, 2023

Spot power prices fall in early Dec.

By Sheldeen Joy Talavera – December 14, 2023 | 8:23 pm from Business World THE average electricity spot market price dropped in early December, the Independent Electricity Market Operator of the Philippines (IEMOP) said, adding that the downtrend is expected […]
December 15, 2023

WESM prices seen going down in December amid low demand

By Alena Mae S. Flores – December 14, 2023, 7:15 pm from manilastandard.net The average system-wide prices at the Wholesale Electricity Spot Market (WESM) will likely stay at P3.90 per kilowatt-hour (kWh) for the December billing month, an official said […]
July 20, 2023

Rainy season prompts dip in electricity spot prices

BY MYRNA M. VELASCO – Jul 19, 2023 04:25 PM from Manila Bulletin Cooler temperatures have been significantly driving down prices in the Wholesale Electricity Spot Market (WESM). WESM operator Independent Electricity Market Operator of the Philippines (IEMOP) primarily indicated […]