August 6, 2024

Power prices at spot market declined in July

By Alena Mae S. Flores – August 4, 2024, 8:25 pm from manilastandard.net THE Independent Electricity Market Operator of the Philippines (IEMOP) announced slightly lower systemwide power rates at the spot market in July amid lower demand. Preliminary data from […]
August 5, 2024

DOE seeks WESM guidelines on dispatch synchronization for co-optimized reserve market

BY MYRNA M. VELASCO – Aug 3, 2024 09:26 AM from Manila Bulletin AT A GLANCE In market co-optimization, the trading of capacity for both energy and ancillary services or reserves can be done together – instead of having them […]
July 31, 2024

ERC lifts reserve market’s settlement suspension

BY MYRNA M. VELASCO – Jul 30, 2024 05:23 PM from Manila Bulletin AT A GLANCE With the lifting of the settlement suspension, the uncollected amounts during the enforcement of that rule will already be recouped and passed on to […]
July 20, 2024

Research points to declining power rates in PH until 2030

By Alena Mae S. Flores – July 19, 2024, 9:40 pm from manilastandard.net A study by Aurora Energy Research forecasts lower electricity spot market prices starting this year until 2030 with the entry of more power plants and the shift […]