The Philippine Electricity Market Corporation (PEMC) honored the country’s top-performing electricity market participants at the 2025 Wholesale Electricity Spot Market (WESM) Compliance Officers’ Summit held on October 24 at Quest Plus Conference...
The Energy Regulatory Commission (ERC) has approved a new market transaction fee of PHP0.0071 per kilowatt-hour (kWh) for the operation of the country’s electricity market from 2025 to 2027. The rate, which...
The Energy Regulatory Commission (ERC) has lifted the suspension of the Wholesale Electricity Spot Market (WESM) in Bohol and Leyte-Samar after confirming stable grid conditions for 24 consecutive hours. The spot market...
The Energy Regulatory Commission (ERC) has suspended operations of the Wholesale Electricity Spot Market (WESM) in Leyte-Samar and Bohol after a 6.9-magnitude earthquake caused a total power failure in the Visayas sub-grids...
Transmission rates rose in August 2025 as higher Ancillary Services (AS) charges drove up overall costs, the National Grid Corporation of the Philippines (NGCP) announced on Tuesday. The equivalent average transmission rate...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported that average electricity prices in the wholesale market rose in August, mostly attributed to power plant outages combined with stronger power demand...
The 19.6 MWDC San Jose Solar Power Plant (SJSPP) in Nueva Ecija will begin commercial operations on August 1, 2025, following the release of its Provisional Authority to Operate (PAO) on July...
Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped by 26% in the first half of 2025 compared to the same period last year, according to the Independent Electricity Market Operator...
Malacañang has announced new appointments to the Energy Regulatory Commission (ERC), naming veteran energy regulator Atty. Francis Saturnino C. Juan as the new chairperson, effective August 8, 2025. Atty. Juan succeeds outgoing...
The Independent Electricity Market Operator of the Philippines (IEMOP) has reaffirmed its firm enforcement of rules governing the Wholesale Electricity Spot Market (WESM). They emphasize that financial obligations of defaulting market participants...
