March 28, 2024

Power spot prices rise in early March

By Sheldeen Joy Talavera – March 26, 2024 | 9:07 pm from Business World BW FILE PHOTO ELECTRICITY spot market prices rose in the first two weeks of March as the margin between supply and demand narrowed, the Independent Electricity Market […]
December 26, 2023

DOE postpones launch of power reserve market

By Alena Mae S. Flores – December 24, 2023, 9:00 pm from manilastandard.net The Department of Energy (DOE) pushed back the commercial operations of the reserve market from Dec. 26, 2023 pending the issuance of a certification from the Philippine […]
November 1, 2023

IEMOP: Power spot market prices in Luzon up in October

By Lenie Lectura – October 30, 2023 from Business Mirror The average electricity spot market prices in Luzon as of October 28 rose to P6.74 per kilowatt hour (kWh) from the previous month’s average of P4.87 per kWh, as plant […]
October 14, 2023

IEMOP, PEMC seek to collect P1.1 billion in market fees

By Alena Mae S. Flores – October 13, 2023, 8:30 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines (IEMOP) and the Philippine Electricity Market Corp. (PEMC) are seeking to collect market fees from the electricity market participants […]