Independent Electricity Market Operator of the Philippines Inc. (IEMOP) – Page 12

January 6, 2022

Published by admin at January 6, 2022

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Higher WESM rates expected to push up January power bills

By Alena Mae S. Flores – January 5, 2022 from manilastandard.net Power rates at the Wholesale Electricity Spot Market increased by more than P1 per kilowatt-hour in December because of plant outages and the derating of natural gas stations. The […]

December 27, 2021

Published by admin at December 27, 2021

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WESM system enhancements eyed

By Myrna M. Velasco – December 26, 2021, 9:30 PM from Manila Bulletin The country’s Wholesale Electricity Spot Market (WESM) will be undertaking enhancements on its new market management system (NMMS) so it can accommodate the registration of more participants […]

December 22, 2021

Published by admin at December 22, 2021

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Average power spot market price climbs by 22%–IEMOP

BY LENIE LECTURA – DECEMBER 22, 2021 from Business Mirror The average spot price of electricity on the Wholesale Electricity Spot Market (WESM) as of December 18 went up to P6.32 per kilowatt hour (kWh) from November’s P5.17 per kWh. […]

November 29, 2021

Published by admin at November 29, 2021

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Resumption of Malampaya gas operation leads to lower average price at electricity spot market

By Alena Mae S. Flores – November 28, 2021 at 08:10 pm from manilastandard.net The average electricity price at the Wholesale Electricity Spot Market declined this month to P5.20 per kilowatt-hour from P6.51 per kWh in October on higher power […]