Independent Electricity Market Operator of the Philippines Inc. (IEMOP) – Page 6

July 18, 2023

Published by admin at July 18, 2023

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ERC to spread court-ordered power rate hike over 3 years

By Alena Mae S. Flores – July 17, 2023, 8:30 pm from manilastandard.net The Energy Regulatory Commission said Monday it will spread the Supreme Court-ordered power rate increase amounting to P22.64 billion over a three year period. The Supreme Court […]

July 14, 2023

Published by admin at July 14, 2023

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PEMC slaps P400,000 fine vs. First Gas Power

By Alena Mae S. Flores – July 13, 2023, 7:55 pm from manilastandard.net The Philippine Electricity Market Corp., the governing body of the Wholesale Electricity Spot Market, imposed a P400,000 fine on First Gen Corp.’s subsidiary First Gas Power Corp. […]

June 29, 2023

Published by admin at June 29, 2023

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Reserve power market commercial launch expected by September

By Ashley Erika O. Jose – June 27, 2023 | 8:04 pm from Business World THE Department of Energy (DoE) said on Tuesday that it expects to launch commercial operations of the spot market for power reserves by September. The […]

June 16, 2023

Published by admin at June 16, 2023

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Spot market prices decline in June

By Alena Mae S. Flores – June 15, 2023, 8:25 pm from manilastandard.net The Independent Electricity Market Operator of the Philippines on Thursday reported a P1.73-per kilowatt-hour decline in spot market prices, driven by demand reduction and supply increase. IEMOP, […]