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

December 7, 2024

Published by admin at December 7, 2024

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ERC approves collection of P3B from consumers

By The Manila Times – December 6, 2024 POWER rates will go up next year as regulators have approved the collection of some P3.05 billion from consumers. The amount represents the remaining 70 percent of charges that power firms were […]

December 6, 2024

Published by admin at December 6, 2024

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WESM prices rise in Nov

By Jed Macapagal – December 6, 2024 from Malaya Business Insight INITIAL average price of electricity in the Wholesale Electricity Spot Market (WESM) in the entire country in November slightly increased, according to the Independent Electricity Market Operator of the Philippines (IEMOP). […]

December 6, 2024

Published by admin at December 6, 2024

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Reserve market billing to raise 2025 power rates

By Alena Mae S. Flores – December 5, 2024, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) approved the collection of P3.05 billion from consumers to cover 70 percent of uncollected payments in the ancillary reserve market. This is […]

November 11, 2024

Published by admin at November 11, 2024

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‘REM commercial operations to start in December’

By Lenie Lectura – November 8, 2024 from Business Mirror The commercial operations of the Renewable Energy Market (REM) is expected to finally happen next month, according to the Independent Electricity Market Operator of the Philippines (Iemop). “We are preparing […]