June 11, 2021

NGCP warns of power rate hike in DOE AS procurement

By Myrna M. Velasco – June 10, 2021, 4:22 PM from Manila Bulletin System operator National Grid Corporation of the Philippines (NGCP) has warned of spikes in the electricity bills of consumers if it will have to adhere to the […]
April 12, 2021

Electricity demand in Luzon, Visayas to breach 12,000MW

By Lenie Lectura -April 12, 2021 from Business Mirror Electricity peak demand in Luzon and Visayas is expected to hit over 12,000 megawatts (MW) in the months of April, May and June, the Independent Electricity Market Operator of the Philippines […]
April 9, 2021

Power spot market prices up due to higher demand

By Jordeene B. Lagare – April 9, 2021 from The Manila Times The outage of power plants and higher electricity demand inched up prices at the Wholesale Electricity Spot Market (WESM). The Independent Electricity Market Operator of the Philippines, Inc. […]
March 23, 2021

Average spot market price up in March due to demand and generator outages — IEMOP

By Angelica Y. Yang – March 19, 2021 | 6:44 pm from Business World THE AVERAGE spot market price hit P4.23 per kilowatt hour (kWh) this month, nearly twice the February level, due to an increase in power demand and […]