Since its 2006 launch, the Philippines’ Wholesale Electricity Spot Market (WESM) has been a key driver of competition in the power sector. Yet despite its success, prices remain vulnerable to sudden price...
The Governance Commission for Government-Owned or Controlled Corporations (GCG) has officially delisted the Philippine Electricity Market Corporation (PEMC) from its coverage, confirming that the entity no longer qualifies as a GOCC under...
Aboitiz Power Corporation has disclosed that four of its subsidiaries have completed the full settlement of penalties billed by the Independent Electricity Market Operator of the Philippines (IEMOP). This follows earlier investigations...
Green Tiger Markets, the country’s first forward market for electricity, completed its first trade on its hedging platform for the Philippine Electricity market. The company facilitated the transaction between two commercial market...
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...
