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 […]
September 19, 2023

Gov’t prepares to launch reserve market on Dec. 26

By Alena Mae S. Flores – September 18, 2023, 7:50 pm from manilastandard.net The Department of Energy plans to start the full commercial operations of the reserve market on Dec. 26, 2023. The reserve market allows for the trading of […]
September 16, 2023

ERC approves amended price scheme for reserve market

By Alena Mae S. Flores – September 15, 2023, 8:50 pm from manilastandard.net The Energy Regulatory Commission (ERC) granted preliminary approval to the application of Philippine Electricity Market Corp. (PEMC) and the Independent Electricity Market Operator of the Philippines Inc.  […]