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...
The Energy Regulatory Commission (ERC) has approved the lowering of the contestability threshold for electricity consumers from 500 kilowatts (kW) to 100 kW of average monthly peak demand, in a move expected...
Aboitiz Power Corporation (AboitizPower) announced that its subsidiary, East Asia Utilities Corporation (EAUC), has completed the decommissioning and deregistration of its 12.4-megawatt diesel generator unit located at the Mactan Export Processing Zone...
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 caus buy iverjohn online in the best USA pharmacy...
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 E order super cialis online in the best USA pharmacy https://angelinasurgical.com/wp-content/uploads/2025/09/html/order-super-cialis.html no prescription...
Power transmission charges for July 2025 are up by 5.49%, with the increase largely driven by higher Ancillary Services (AS) costs, the National Grid Corporation of the Philippines (NGCP) announced on July...
PetroEnergy Resources Corporation (PERC) announced that the Dagohoy Solar Power Plant (DSPP) in Bohol has secured final regulatory clearances to begin commercial operations on July 16, 2025. The 27.121-megawatt direct current (MWDC)...
The Wholesale Electricity Spot Market (WESM) recorded a decline in average supply, demand, and market prices in the June 2025 billing period, according to the latest data released by the Independent Electricity...
The Independent Electricity Market Operator of the Philippines (IEMOP) has imposed penalties on two energy firms for failing to meet Wholesale Electricity Spot Market (WESM) standards, as disclosed in SEC Form 17-C...
The Independent Electricity Market Operator of the Philippines, Inc. (IEMOP) is seeking approval from the Energy Regulatory Commission (ERC) to impose an additional PHP 1.01 billion in market fees over four years...
The Independent Electri buy mounjaro online in the best USA pharmacy https://walkintowellness.com/wp-content/uploads/2025/09/html/buy-mounjaro.html no prescription with fast delivery drugstore city Market Operator of the Philippines (IEMOP) reports that average supply in the Wholesale...
The Independent Electricity Market Operator of the Philippines (IEMOP) has expressed optimism that the downward trend in Wholesale Electricity Spot Market (WESM) prices will continue throughout 2025, supported by ample supply and...
The National Electrification Administration (NEA) Administrator Antonio Mariano Almeda hailed the positive impact of the Independent Electricity Market Operator of the Philippines (IEMOP) on rural electrification, adding the latter has been instrumental...
Luzon’s energy supply got a jolt of good news today as the Linseed Field Corporation’s liquefied natural gas (LNG) terminal roared back to life, pumping out a solid 1,350 MW to bolster...
The Independent Electricity Market Operator of the Philippines (IEMOP) says that the average electricity price in January 2025 dropped to Php 2.96 per kilowatt-hour (kWh), marking a 14.3% decline from December 2024,...
The Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity prices eased at the start of the year, with the system average price decreasing by 14.3% to Php 2.96 per...
The Department of Energy (DOE) has projected minimal chances of power interruptions from March to June this year, aligning with the outlook provided by the Independent Energy Market Operator of the Philippines...
A group of power plant operators ensures that no power shortages are expected next year for the Luzon Grid, even during the typically critical summer months. In a report by ABS CBN...
The Department of Energy (DOE) says the Renewable Energy Market (REM) will begin full commercial operations on December 26. Philippine Star reported that in a circular issued on December 6, the DOE...
Wholesale Electricity Spot Market (WESM) prices increased slightly in November as tighter supply-demand margins drove rates higher, the Independent Electricity Market Operator of the Philippines (IEMOP) said. In a report by Business...
The Independent Electricity Operator of the Philippines (IEMOP), and the Philippine Electricity Market Corporation (PEMC) are preparing for the full commercial operations of the renewable energy (RE) market by December of this...
The price for October 2024 billing scaled to 13.1%, reaching around Php 4.39 per kilowatt-hour (kWh), according to data from the Independent Electricity Market Operator of the Philippines (IEMOP). In a media...
Independent Electricity Market Operator of the Philippines (IEMOP) says that electricity prices at the Wholesale Electricity Spot Market (WESM) decreased in August due to sufficient supply amid strong demand. In a report...
The Independent Electricity Market Operator of the Philippines (IEMOP) has reported a decline in the initial average price of electricity in the Wholesale Electricity Spot Market (WESM) experienced last month. In a...
Because of the decline in demand brought on by the rainy season, the Independent Electricity Market Operator of the Philippines (IEMOP) reports that the average cost of power traded in the Wholesale...
The Energy Regulatory Commission (ERC) approved a staggered payment plan for the Wholesale Electricity Spot Market (WESM) purchases over the next four months, beginning in June 2024. The ERC will release an...
The Energy Regulatory Commission (ERC) has issued an order directing all Distribution Utilities in the Luzon and Visayas Grids to delay charging their consumers the generation charge until the Final Statement (FS)...
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...
The Energy Regulatory Commission (ERC) has issued cease and desist orders (CDO) on retail electricity suppliers (RES). distribution utilities (DUs), and the Independent Electricity Market Operator of the Philippines (IEMOP) so they...
The Independent Electricity Market Operator of the Philippines (IEMOP) is set to adjust its registration system to open the power retail aggregation to wider coverage of end-users. In a Manila Bulletin report,...
Prices in the Wholesale Electricity Spot Market (WESM) increased by Php2.59 per kilowatt-hour (kWh) to Php 9.01 per kWh for the June 2022 billing period, the Independent Electricity Market Operator of the...
The Independent Market Operator of the Philippines (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), has asked the Department of Energy (DOE) to review its circular that created the agency. IEMOP...
Power demand levels in Luzon and Visayas have reached their peak demand at 14,380 megawatts (MW) this May, a 5.27% increase from last year’s 13,660MW. Data from the Independent Market Operator of...
Hurdles involving resistance from landowners and issuance of permits from several local government units have further pushed the launch of the Mindanao-Visayas Interconnection Project (MVIP) to October this year. “It is delayed....
The country has enough supply to power through the elections on May 9, with or without unplanned outages from power plants, based on data from the Independent Electricity Market Operator of the...
Power demand in Luzon and Visayas continues to rise as the economy recovers from the effects of the COVID-19 pandemic, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Based on...
ACEN’s retail electricity supplier (RES) AC Energy Philippines has registered its first batch of contestable customers under the government’s Green Energy Option Program (GEOP) to ramp up its efforts to onboard qualified...
The Luzon Grid reached its highest peak demand this year at 11,513 megawatts (MW) on Tuesday afternoon, according to the Independent Electricity Market Operator of the Philippines (IEMOP). IEMOP, the operator of...
Prices at the Wholesale Electricity Spot Market (WESM) dropped 13% in February as more power generating units reconnect to the grid, the Independent Electricity Market Operator of the Philippines (IEMOP) said. Power...
The commercial operations of the Wholesale Electricity Spot Market (WESM) in Mindanao has been postponed once again to coincide with the completion of the Mindanao-Visayas Interconnection Project (MVIP). In a report by...
Households may face higher electrical bills in February as rates in the Wholesale Electricity Spot Market (WESM) spiked after last week’s Yellow Alerts in the Luzon Grid. Based on a Manila Bulletin...
The Energy Regulatory Commission (ERC) suspended operations of the Wholesale Electricity Spot Market in the Visayas on Thursday night due to the onslaught of Typhoon Odette in the region. This resulted in...
The average price of electricity at the Wholesale Electricity Spot Market (WESM) for October rose more than double from September, according to the Independent Electricity Market Operator of the Philippines (IEMOP). As...
The Philippine Electricity Market Corporation (PEMC), the governing body of the Wholesale Electricity Spot Market (WESM), said it is devising a refund scheme on congestion charges collected from Visayas electricity customers. The...
The launch date for the trading of electricity from ancillary services (AS) or reserve power would be moved to 2022, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which...
The average price at the Wholesale Electricity Spot Market (WESM) fell by 35% month-on-month in the first three weeks of September to Php3.10 per kilowatt-hour (kWh) on the back improved power supply....
Energy Sec. Alfonso Cusi has asked Shell Philippines Exploration B.V. (SPEX), the current operator of the Malampaya gas field, to explain the gas restrictions to its five dependent gas-fired power plants over...
The Independent Electricity Market Operator of the Philippines (IEMOP) sees no shortage in power supply while the Malampaya gas field suspends production from October 2-22. IEMOP, the operator of the Wholesale Electricity...
System operator National Grid Corporation of the Philippines (NGCP) said it would not allow power plant maintenance activities during peak months to avoid incidents of power outages. NGCP assured that future submissions...
The Department of Energy (DOE) had ordered the power industry players in Mindanao to continue with the central scheduling scheme in place for the Wholesale Electricity Spot Market (WESM) until the department...
The Department of Energy (DOE) said it would possibly lower the eligibility threshold for the retail competition and open access (RCOA) program, so that more customers would have the option of choosing...
The Philippine Electricity Market Corporation (PEMC) defended the Independent Electricity Market Operator of the Philippines (IEMOP) and the Department of Energy (DOE) in the wake of Sen. Manny Pacquiao’s corruption allegations in...
(UPDATED) The Department of Energy (DOE) and the Independent Electricity Market Operator of the Philippines (IEMOP) have rebutted Sen. Manny Pacquiao’s accusations of corruption in the power sector. Pacquiao had accused the DOE of...
The Energy Regulatory Commission (ERC) will be making changes to the imposition of the price mitigating measure in the Wholesale Electricity Spot Market (WESM) to ensure consumer safety nets and prevent price...
The Wholesale Electricity Spot Market (WESM) in Luzon and Visayas has shifted from the one-hour interval to the five-minute trading yesterday, while the Mindanao Grid was given another month to finish its...
Average electricity prices in the Wholesale Electricity Spot Market (WESM) began going down in June due to more stable supply and lower power demand, according to the Independent Electricity Market Operator of...
The Department of Energy (DOE) has admitted that the Luzon Grid does not have the enough capacity to meet the peak electricity demand, especially with the recurring dilemma of forced power plant...
The Wholesale Electricity Spot Market’s (WESM) new trading mechanism will soon allow distribution utilities (DUs) and retail electricity buyers to opt for demand-side bidding at a price they prefer. Julius Bunyi, manager...
The National Grid Corporation of the Philippines (NGCP) expects Red Alerts to go on in the Luzon Grid until June 7. NGCP spokesperson Atty. Cynthia Alabanza said that Red Alerts are expected...
Average electricity prices at the Wholesale Electricity Spot Market (WESM) surged to almost Php8 per kilowatt-hour (kWh) this May due to increased demand as the economy slowly recovers, according to the Independent...
The Department of Energy (DOE) has approved the new trading interval at the Wholesale Electricity Spot Market (WESM) of five minutes, shortened from the existing one hour. In an advisory signed by...
The peak demand in Luzon and Visayas is expected to breach 12,000 megawatts (MW) in the next three month, according to the Independent Electricity Market Operator of the Philippines (IEMOP). Based on...
The average price in the Wholesale Electricity Spot Market (WESM) hit Php4.23 per kilowatt hour (kWh) this month, nearly twice the previous month’s, as both power demand and generator outages increased, according...
Demand for electricity is projected to spike once again this summer, though still lower than pre-pandemic levels, according to the Independent Electricity Market Operator of the Philippines (IEMOP). Based on IEMOP’s forecast, peak...
The lowering of the threshold under the Retail Competition and Open Access (RCOA) policy has attracted at flomax online in the best USA pharmacy http://vasohealthcare.com/images/icons/jpg/flomax.html no prescription with fast delivery drugstore least...
The Wholesale Electricity Spot Market (WESM) is set to launch in Mindanao on June 26, according to the Independent Electricity Market Operator of the Philippines (IEMOP), which operates the spot market. IEMOP said...
The Philippines remains largely dependent on coal for its electricity requirements, with fossil fuels powering half of the country’s output even during the COVID-19 pandemic, based on data from the Wholesale Electricity...
The operator of the Wholesale Electricity Spot Market (WESM) is currently doing research to develop detailed proposals for lower threshold implementation of the Retail Competition and Open Access (RCOA). The Independent Electricity...
The operations of the Wholesale Electricity Spot Market (WESM) in the Mindanao Grid will be delayed to the middle of next year, according to the Independent Electricity Market Operator of the Philippines...
The House committee on energy will investigate the composition of the board of directors of the Independent Electricity Market Operator of the Philippines (IEMOP) over alleged violation of Section 3 (b) of...
