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. […]
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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 […]
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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, […]
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April 26, 2023
Published by admin at April 26, 2023
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‘Power spot prices to remain at P7/kwh on rising demand’

BY LENIE LECTURA – APRIL 26, 2023 from Business Mirror The Independent Electricity Market Operator of the Philippines (IEMOP) warned that average electricity spot market prices in May could remain at the P7 per kilowatt hour (kWh) level. IEMOP reported […]
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