Independent Electricity Market Operator of the Philippines Inc. (IEMOP)

April 9, 2025

Published by admin at April 9, 2025

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Meralco: Power rates likely to rise in April

By Jed Macapagal – April 9, 2025 from Malaya Business Insight AHEAD of official announcements of rate adjustments for April, the Manila Electric Co. (Meralco) said the cost of electricity in its franchise area would likely increase due to higher […]

April 4, 2025

Published by admin at April 4, 2025

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Spot power prices zoom up — IEMOP

By Maria Bernadette Romero – 04 Apr 2025, 00:20 from The Daily Tribune The tight reserves contributed to sustained price increases, prompting the imposition of the Secondary Price Cap 6.39 percent of the time during the first week of March […]

March 29, 2025

Published by admin at March 29, 2025

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Natgas plants’ shutdowns set Luzon power alert

By Maria Bernadette Romero – 29 Mar 2025, 03:38 from Daily Tribune According to DoE, the EERI plant is expected to reconnect to the grid by 8:30 p.m. on Sunday, while SPPC Block 1 will synchronize by 9 p.m. By […]

March 6, 2025

Published by admin at March 6, 2025

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Hot weather lifts power prices at spot market

By Alena Mae S. Flores – March 5, 2025, 8:15 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) reported a surge in the average price at the Wholesale Electricity Spot Market (WESM) this week. The IEMOP […]