The Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity spot prices rose at the beginning of April due to a surge in energy demand. In a report by Business...
The Energy Regulatory Commission (ERC) has suspended the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas after a series of Red Alerts were issued in the past week due to an...
Data from the Independent Electricity Market Operator of the Philippines (IEMOP) said electricity tariffs surged last week during the execution of the Red and Yellow alerts following limited power generating capacity. In...
PetroWind Energy Inc. (PWEI) has acquired approvals for the activation of its 13.2-megawatt (MW) Phase-2 of its Nabas wind power project in Aklan. PWEI, formed by PetroGreen Energy Corp., EEI Power Corp.,...
The Independent Electricity Market Operator of the Philippines (IEMOP) warns the public that electricity prices are likely to surge from the beginning of summer until May. In a briefing last Tuesday, IEMOP...
With the endorsement of the Department of Energy (DOE) and the Energy Regulatory Commission (ERC), the commercial operations of the Reserve Market are now in full swing. The Independent Electricity Market Operator...
As part of its preparation for full operational capacity, the Independent Electricity Market Operator of the Philippines (IEMOP) initiates the Reserve Market pilot operation. The pilot stage is in compliance with the...
The Department of Energy (DOE) announced that the power reserve spot market looks to commence commercial operations on December 26 this year. In a report by Business World, the Energy Regulatory Commission...
The Independent Electricity Market Operator of the Philippines (IEMOP) began on Monday its trial operations program (TOP) for the country’s awaited reserve market. The Department of Energy (DOE) has announced that the...
After many delays, the Wholesale Electricity Spot Market (WESM) in Mindanao finally commenced commercial operations on Thursday. According to the Independent Electricity Market Operator Philippines (IEMOP), “commercial operations of WESM in Mindanao...
