October 19, 2022

Power spot prices up in September

BY LENIE LECTURA – OCTOBER 19, 2022 from Business Mirror The Independent Electricity Market Operator of the Philippines (IEMOP) said Tuesday the average electricity market price in September for Luzon and Visayas was recorded at P9.12 per kilowatt hour (kWh) […]
August 19, 2022

Legal issues hound IEMOP as WESM operator — PEMC

By Myrna M. Velasco – August 18, 2022, 3:48 PM from Manila Bulletin The Philippine Electricity Market Corporation (PEMC), the governance body of the Wholesale Electricity Spot Market (WESM), said legal questions still hound the claim of Independent Electricity Market […]
August 13, 2022

WESM rates up for 2nd straight month in July

By Richmond Mercurio – August 12, 2022 | 12:00am from The Philippine Star MANILA, Philippines — Low supply levels despite decreased demand drove average electricity spot market prices to their second consecutive month of increase in July. In a virtual […]
August 11, 2022

IEMOP: Power spot prices rise despite tepid demand

BY LENIE LECTURA – AUGUST 10, 2022 from Business Mirror The average wholesale electricity spot market (WESM) prices last month rose by 4.82 percent to P8.92 per kilowatt hour (kWh) despite lower demand, the Independent Electricity Market Operator of the […]