January 13, 2023

Mindanao electricity spot market to open Jan. 26

By Alena Mae S. Flores – January 12, 2023, 7:55 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines, which runs the Wholesale Electricity Spot Market, said Thursday it is ensuring market participants’ readiness for the launch of […]
January 5, 2023

Spot market electricity prices rose in December on thin supply

By Alena Mae S. Flores –  January 4, 2023, 7:05 pm from manilastandard.net Electricity prices at the Wholesale Electricity Spot Market went up slightly in December because of thin supply despite the lower demand. Preliminary effective spot settlement price at […]
December 15, 2022

Spot market power rates increased this month

By Alena Mae S. Flores – December 14, 2022, 7:45 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines said Wednesday spot market prices went up to P9.12 per kilowatt-hour in the first few days of December, an […]
September 16, 2022

WESM prices surged by P2 in first 10 days of September

By Alena Mae S. Flores – September 14, 2022, 8:00 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines reported an increase in the average prices at the Wholesale Electricity Spot Market by P2 per kilowatt-hour in the […]