Wholesale Electricity Spot Market (WESM) prices rose by 38.5% in May as higher summer demand, tighter supply margins, and power plant outages pushed electricity prices upward across all major grids, according to...
The Independent Electricity Market Operator of the Philippines (IEMOP) said tighter supply margins, rising electricity demand, and widespread plant outages pushed Wholesale Electricity Spot Market (WESM) prices higher during the April 2026...
The Department of Energy is fast-tracking 22 power projects with a combined capacity of 1,471 MW targeted for grid entry by April 2026, as the government moves to strengthen electricity supply amid...
Baguio City – The Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP) have flagged potential upward pressure on wholesale electricity prices amid escalating geopolitical tensions in...
Electricity prices in the Wholesale Electricity Spot Market declined slightly in February 2026 as stronger supply conditions in Luzon helped stabilize the national power market. The system-wide average price settled at PHP...
The Energy Regulatory Commission (ERC) and the Independent Electricity Market Operator of the Philippines (IEMOP) are actively monitoring how rising global fuel prices could influence electricity costs in the Philippines, using data-driven...
The Energy Regulatory Commission (ERC) has approved, with conditions, the application of the Independent Electricity Market Operator of the Philippines (IEMOP) to collect additional transaction fees to support the rollout of a...
Independent Electricity Market Operator of the Philippines (IEMOP) expects the Luzon and Mindanao grids to have adequate supply in 2026, if current operating conditions hold, but cautions that the Visayas grid will...
Power consumers can expect slightly higher transmission charges in their November 2025 bills as ancillary service (AS) rates rose by over 15%, according to the National Grid Corporation of the Philippines (NGCP)....
The Independent Electricity Market Operator of the Philippines (IEMOP) reported higher electricity prices in October 2025 as demand increased and several power plants and transmission lines went offline due to typhoons and...
