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...
Seen on the photo (L-R) are NGCP Assistant Vice President and Head for System Operation – Visayas Neil Modina, MGEN Thermal Chief Operating Officer Arnel Santos, DOE Region VII Regional Director Dir....
Meralco PowerGen Corporation (MGEN), the power generation arm of Meralco, posted a sharp earnings increase in the first quarter, driven by liquefied natural gas (LNG) assets, higher market sales, and expanding renewable...
The Energy Regulatory Commission (ERC) has ordered the resumption of operations of the Wholesale Electricity Spot Market (WESM) across the Luzon, Visayas, and Mindanao grids, restoring market-based electricity trading effective May 1,...
By John Knorring, CEO Green Tiger Markets March 31, 2026 In power markets, timing is everything — but waiting for the “perfect” time to hedge is often a mistake. The better discipline...
The National Electrification Administration (NEA) has installed Nollie B. Alamillo as Executive Officer (EO) of South Cotabato II Electric Cooperative (SOCOTECO II) following audit findings that found financial and operational issues, including...
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 formalized taking into account scientific data into its regulatory movements by signing a Memorandum of Understanding (MOU) with the Department of Science and Technology – Philippine...
