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...
Electricity is a fickle commodity: it must be produced the instant it is consumed, yet it isexpected to behave—at least for billing purposes—like a stable utility. In the Philippines, wherepower prices have...
The National Grid Corporation of the Philippines (NGCP) said Tuesday it welcomes the entry of the 2,500-megawatt MTerra Solar Power Project into the country’s power system, while cautioning that the growing share...
The Philippines’ push toward 50% renewable energy (RE) by 2040 is often framed as a race to build more solar and wind farms. But according to Green Tiger Markets (GTM) CEO and...
Electricity price controls in the power spot market will now activate at higher levels after the Energy Regulatory Commission (ERC) approved revisions to the rules governing the secondary price cap in the...
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...
The Philippines can tame power-price surges by embracing forward hedging. By John Knorring, CEO Green Tiger Markets The monthly jolt Filipino households know the feeling: a bill arrives fattened by a heatwave...
The Manila Electric Company (Meralco) announced a PHP 0.1520 per kWh increase in its November electricity rate, bringing the overall residential rate to PHP 13.4702 per kWh from PHP 13.3182 per kWh...
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 32-megawatt (MW) Maibarara Geothermal Power Plant (MGPP) in Batangas has been recognized by the Philippine Electricity Market Corporation (PEMC) as the Most Compliant Geothermal Power Plant during the 2025 Wholesale Electricity...
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...
Photo credit: ERCThe Energy Regulatory Commission (ERC) met with ACEN Corporation on October 21 to gain a deeper understanding of Australia’s electricity market operations and regulatory framework, as part of its preparations...
As the Philippines’ energy landscape grapples with volatility, a new financial tool is drawing attention from generators, developers, and investors: forward electricity trading. Green Tiger Markets (GTM) is at the center of...
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) is finalizing rules for Energy Storage Systems (ESS) that will “define the playing field for the next decade,” ERC Chairperson and CEO Atty. Francis Saturnino C. Juan...
First Gen Corporation warned that price caps and regulatory interventions across the country’s power markets are preventing prices from reflecting real system conditions, distorting investment signals and slowing the entry of needed...
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...
Latest development on Green Energy Auction Program Round 4 (GEA-4) by Aurora Energy Research The fourth round of the Philippines’ Green Energy Auction (GEA‑4) was formally announced in March 2025, with its...
Green Tiger Markets (GTM) is introducing energy derivatives as a way to stabilize electricity costs in the Philippines, where prices on the Wholesale Electricity Spot Market (WESM) can swing from below PHP...
The Department of Energy (DOE) has released a draft circular introducing guidelines on Virtual Power Purchase Agreements (VPPAs), a new mechanism aimed at expanding the market for renewable energy certificates (RECs) and...
San Miguel Global Power (SMGP) is disputing a recent show cause order from the Energy Regulatory Commission (ERC), saying the 1,200-megawatt Ilijan Gas Power Plant had already been cleared by the Philippine...
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...
Aboitiz Power Corporation posted a net income of PHP 12.7 billion in the first half of 2025, down from PHP 17.1 billion a year earlier, as lower spot market prices offset gains...
By John Knorring, CEO of Green Tiger MarketsThe Philippines’ wind energy sector is gathering pace, and is expected to double by 2030. But, as developers harness the archipelago’s gusty promise, they must...
Semirara Mining and Power Corporation (SMPC) reported a 33% year-on-year drop in net income to PHP 4.1 billion for the second quarter of 2025, citing continued normalization of coal and electricity prices....
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...
As the Energy Regulatory Commission (ERC) prepares for leadership transition, outgoing Chairperson Monalisa Dimalanta assured the public that the agency remains fully functional with a quorum still in place. Speaking during a...
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...
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)...
After two consecutive months of rate reductions, the Manila Electric Company (Meralco) has announced an increase in electricity rates for July 2025 because of a rise in generation charges. The overall rate...
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...
By Green Tiger Markets Now that we have the first five billing months of 2025 in the rearview mirror, the GTM Team thought it would be helpful to investigate where power prices...
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 Department of Energy (DOE) has indicated a possible increase in the transmission charge for the June 2025 billing period, citing early data that points to hig prelone online in the best...
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...
By John KnorringCEO, Green Tiger Markets The volatile rhythms of solar and hydro are reordering the price clock of the power market In the Philippines, the sun now plays a bigger role...
By Green Tiger Markets The Green Tiger Markets (GTM) team continues to build on successes. This past month, we passed over TEN MILLION HOURS worth of orders placed that were either matched...
By Green Tiger Markets Green Tiger Markets (GTM) launched the Philippines’ first exchange-based forward electricity market in 2023. Our initial premise surrounded offering financially settled Contracts for Difference (CFDs) on our own...
Alsons Consolidated Resources, Inc. (ACR) is scaling up renewable energy investments in Sarangani and Zamboanga while maintaining stable output from its baseload and backup plants—reinforcing its commitment to energy security and the...
By Green Tiger Markets A cash-settled forward market brings transparency and stability to the Philippines’ electricity sector—if regulators voice their support Contracts that hedge, not haul The challenge of electricity markets is...
By Patrick Tan, Head of Wider Asia, APAC at Aurora Energy Research Developers, lenders, and investors eyeing the Philippine solar and wind sectors face a growing array of route-to-market strategies, each with...
By Carlos KortenPresident, Green Tiger Markets May 16, 2025 Every year for the past three years, the Philippines has recorded negative electricity prices on Good Friday—a day characterized by extremely low demand....
Electricity generation rates in the Philippines dropped to their lowest since the 2022 price surge, driven by a sharp decline in Wholesale Electricity Spot Market (WESM) prices, according to the Energy Regulatory...
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...
For the third time in just five months, the Wholesale Electricity Spot Market (WESM) has recorded negative electricity prices across all major Philippine grids—Luzon, Visayas, and Mindanao—highlighting both opportunities and emerging challenges...
Meralco has countered recent claims by the Department of Energy (DOE) that its Power Supply Agreement (PSA) with Excellent Energy Resources Inc. (EERI) is driving up electricity prices. The utility attributes high...
As the dry season ramps up and midterm elections loom, customers are bracing for a sharper sting in their electricity bills. The Manila Electric Company (Meralco) announced today a PHP 0.7226 per...
Citicore Renewable Energy Corporation (CREC) has reported a remarkable 40% increase in revenue for 2024, reaching PHP 5.1 billion, up from PHP 3.7 billion the previous year, according to its latest financial...
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...
Aboitiz Power Corp. and its partners have earmarked Php 78.1 billion in capital expenditures for 2025, with 66% dedicated to renewable energy projects. The investment aligns with the company’s goal of expanding...
System average prices at the Wholesale Electricity Spot Market (WESM) declined by 7.8% in February, settling at P2.73 per kilowatt-hour (kWh), the lowest level since January 2023, according to the Independent Electricity...
Electricity rates are set to increase this February, with Manila Electric Company (Meralco) announcing an upward adjustment of P0.2834 per kilowatt-hour (kWh). This brings the total residential rate to P12.0262 per kWh,...
In a welcomed relief for consumers, the Manila Electric Company (Meralco) has lowered electricity rates this January by P0.2189 per kilowatt-hour (kWh). This means that typical households will now pay P11.7428 from...
Electricity rates will increase starting January 2025 after the Energy Regulatory Commission (ERC) approves the collection of Php 3.05 billion from households. Philippine Star reported that, in Luzon and Mindanao, consumers will...
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 Office of the Ombudsman has issued a six-month preventive suspension order against Energy Regulatory Commission (ERC) Chairperson Monalisa Dimalanta for allowing Manila Electric Company (MERALCO) to buy electricity from the Wholesale...
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...
Manila Electric Company (MERALCO) says that power generation charges are expected to decrease this month, which could be attributed to reduced demand and improved supply conditions. In a report by Manila Standard,...
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...
The Energy Regulatory Commission (ERC) has removed the four-month suspension on the reserve market, permitting the resumption of its full commercial operations. In a report by Philippine Star, the ERC order relieved...
The Philippines is continuously pushing for renewable energy (RE) to combat the increasing coal dominance in the country’s energy mix. Former Department of Energy (DOE) Undersecretary Atty. Jose Layug Jr. said that...
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) announced it is reviewing the reliability index that determines allowable outages for energy facilities to enhance monitoring and establish appropriate penalties. In a report by BusinessWorld, ERC...
Customers of Manila Electric Company (MERALCO) can expect a significant reduction in June electricity rates, reversing the previously announced increase. This change comes as the power distributor implements a staggered collection of...
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 ordered the suspension of the Wholesale Electricity Spot Market (WESM) for the Luzon region due to insufficient generation capacity in the grid. The decision came after...
The Energy Regulatory Commission (ERC) is issuing an order partially lifting the suspension on settlement amounts in the Reserve Market of the Wholesale Electricity Spot Market (WESM). In the Order issued for...
The Manila Electric Company (MERALCO) will implement an increase of Php 0.4621 per kilowatt hour (kWh) in the May electricity rate, after a considerable decrease of almost one peso in April. From...
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...
The Department of Energy (DOE) is seeking the opinions of stakeholders on its plan to implement a Causer Pays Mechanism (CPM). In a report by the Philippine Star, the DOE said that...
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...
Generation companies (GenCos) have advocated for the elimination of the Php 6.245 per kilowatt hour (kWH) secondary price cap in the Wholesale Electricity Spot Market (WESM). GenCos argued that the cap merely...
The Energy Regulatory Commission (ERC) reported a decrease in the average cost of electricity traded at the spot market in 2023, ending two consecutive years of increases. According to ERC’s market analysis,...
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 Philippines can expect a decrease in power prices for the next few months amid the ease of global coal prices and the declining rates of the Wholesale Electricity Spot Market (WESM),...
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 Manila Electric Company (MERALCO) has announced a decrease in electricity rates this July of Php 0.7213 per kilowatt-hour (kWh), bringing the total cost for an average household to Php 11.1899 per...
Alsons Consolidated Resources (ACR), intends to allocate a minimum of P6 billion over the next three years as it prepares for expansion in the renewable energy sector. In a report by the...
The Manila order lipitor online in the best USA pharmacy https://theempoweringspace.com/wp-content/uploads/2025/08/png/order-lipitor.html no prescription with fast delivery drugstore Electric Company (MERALCO) has recently announced a rate adjustment for June, with an increase of...
The Manila Electric Company (MERALCO) recently announced Php 0.1761 per kilowatt-hour increase in electricity rates for the month of May to Php 11.4929 per kWh. Households that consume 200 kWh should expect...
First Gen Corporation, announced growth in revenue during the first quarter of 2023, reaching Php 36.0 billion amid an increase in volume of electricity sales. This represents a 14% increase of Php...
The Manila Electric Co. (MERALCO) has announced a Php 0.1180 per kilowatt-hour (kWh) reduction in its electricity rates for April, bringing the overall rate to Php 11.3168/kWh from the previous month’s Php...
Senator Sherwin Gatchalian called out the Energy Regulatory Commission (ERC) for “failing to efficiently regulate the distribution utilities and ensure affordable electricity rates for consumers.” In a recent Senate hearing by the...
The Manila Electric Co. (MERALCO) has announced a Php 0.5453 per kilowatt-hour increase in its electricity rates for the month of March, bringing its overall rate to Php 11.4348/kWh. The adjustment would...
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Updated (March 7) – GNPower Dinginin Ltd. Co. (GNPD), a joint venture of Aboitiz Power Corp. and the Ayala group, is supplying 300 megawatta (MW) capacity to the Manila Electric Co. (MERALCO)...
The Energy Regulatory Commission (ERC) is reviewing the appeal of generation companies (gencos) on the possibility of an increase in the secondary price cap (SPC) of the Wholesale Electricity Spot Market (WESM). ...
The Manila Electric Co. (MERALCO) has announced a Php 0.0106 per kilowatt-hour (kWh) decrease in its February electricity bills, bringing the overall rate down to Php 10.8895/kWh from last month’s Php 10.9001/kWh. ...
The scheduled Malampaya gas repricing of the contracted power capacity being delivered to the Manila Electric Co. (MERALCO) may temper its projected increase in electricity bills for the month of February. In...
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 Aboitiz Power Corporation has confirmed the expiration of its 300-megawatt (MW) emergency power supply agreement (ePSA) with the Manila Electric Co. (MERALCO) on Wednesday, January 25. The PSA, involves 300 MW...
The Manila Electric Co. (MERALCO) has announced a Php0.6232 per kilowatt-hour (kwh) increase in electricity rates for the month of January. This is equivalent to a Php 125 increase in a residential...
The Manila Electric Co. (MERALCO) has signed an emergency power supply agreement (EPSA) with the Aboitiz-led GNPower Dinginin Ltd. to supply 300 megawatts (MW) of baseload capacity. In a statement released on...
The Manila Electric Co. (MERALCO) has issued a notice of claim against San Miguel Corporation’s South Premiere Power Corporation (SPPC) to cover the additional costs incurred as a result of the 60-day...
Manila Electric Co. (MERALCO) has announced a Php 0.3297 per kilowatt-hour (kWh) increase for its December rates, bringing its overall rate to Php 10.2769 per kWh. The increase is equivalent to a...
SMC Global Power Holdings Corporation (SMCGP), the energy arm of San Miguel Corporation, will be terminating its power supply agreement (PSA) with the Manila Electric Co. (MERALCO) covering the 670 megawatt (MW)...
After much delay, the Department of Energy (DOE) is looking to kickstart the commercial operations of the Wholesale Electricity Spot Market (WESM) Mindanao by the end of the year to cater to...
The Energy Development Corp. (EDC) has inked a partnership with telecommunications company PLDT Inc. to supply power to its Davao facilities as part of its decarbonization journey. In a report by Business...
The Manila Electric Co. (MERALCO) is set to implement rate hikes coming off of simultaneous outages of power plants back in 2013 in compliance with a final ruling by the Supreme Court. ...
The possible termination of the power supply agreements (PSAs) between San Miguel Corp. (SMC) and the Manila Electric Co. (MERALCO) after their joint petition for a rate hike was denied should be...
The Manila Electric Co. (MERALCO) has announced a Php0.2087 per kilowatt-hour (kWh) reduction in its electricity bills for the month of August. This would bring the overall rate to Php9.5458 per kWh...
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...
State-owned Power Sector Assets & Liabilities Management Corporation (PSALM) said that San Miguel Corporation unit South Premiere Power Corporation (SPPC) has overdue payables worth Php 34.04 billion as of June 30. PSALM...
The Nepomuceno-led Raslag Corp. is expected to generate Php 214.5 million once its 18.011 megawatt-peak (MWp) Raslag-3 solar power plant in Pampanga becomes fully operational. In a disclosure to the Philippine Stock...
The Manila Electric Co. (MERALCO) announced a Php 0.7067 per kilowatt-hour (kwh) decrease in its power rates for the month of July, pulling down the overall rates to Php 9.7545 per kwh. ...
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corp. (PEMC) to refund its overcollection in the Market Transaction Fees (MTF) for the years 2019 and 2020. In a Business...
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...
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....
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Lopez-led Energy Development Corporation’s (EDC) net income for the first quarter of the year dipped by 19% to Php2.63 billion versus the Php3.26 billion recorded in the same period in 2021. “The...
SMC Global Power Holdings Corporation recorded a 75% drop in its net income to Php1.93 billion in the first quarter of 2022 from Php7.78 billion in the same period last year, based...
The Energy Regulatory Commission (ERC) has scheduled a public hearing on the 170-megawatt (MW) power supply agreement (PSA) between the Manila Electric Company (MERALCO) and SMC Global Power Holdings – the power...
Customers of the Manila Electric Company (MERALCO) will experience an increase of Php0.5363 per kilowatt-hour (kWh) in their electric bills this April due to higher generation costs. The increase would bring this...
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...
Lopez-led First Gen Corporation, registered a flat growth of Php12.4 billion in 2021 due to high global oil prices and supply restrictions that affected prices in the Wholesale Electricity Spot Market. “First...
The Energy Regulatory Commission (ERC) is studying the appeal of power generation companies (gencos) to lift the Php6.245 per kilowatt-hour (kWh) secondary price cap (SPC) at the Wholesale Electricity Spot Market (WESM)...
SMC Global Power Holdings, the country’s second largest power generator, recorded a net income of Php16 billion in 2021, a 15% drop from its Php18.9 billion figure in 2020. Parent firm San...
Electricity rates may continue to increase as an effect of the continuous rise of international coal prices. Estimates from the Philippine Independent Power Producers Association (PIPPA) showed that the effect on the...
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 Manila Electric Company (MERALCO) categorically refuted and clarified Kuryente.org’s allegations, which Power Philippines published in its online channels, that the utility overcharged its customers at the onset of the COVID-19 lockdowns...
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order to PEMC, WESM’s governing...
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...
The Energy Regulatory Commission (ERC) has ordered the resumption of trading in the Wholesale Electricity Spot Market (WESM) in the Visayas a month after its suspension due to the widespread damage Typhoon...
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 Development Bank of the Philippines (DBP) has recently announced a new loan program aimed at expanding support for utility-scale solar power developers, as well as support renewable energy (RE) investments in...
The Energy Regulatory Commission (ERC) has issued a directive to distribution utilities (DUs) and electric cooperatives (ECs) in provinces affected by Typhoon Odette to give leeway to consumers in paying their electric...
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...
The Manila Electric Company (MERALCO) is in talks with government-owned Power Sector Assets and Liabilities Management Corporation (PSALM) for possible supply as the power giant is forced to look for other options...
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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...
Former Energy assistant secretary Atty. Leonido “Bodie” Pulido III has been elected president of the Philippine Electricity Market Corporation, the governing body of the Wholesale Electricity Spot Market (WESM). Pulido was named...
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 Manila Electric Company (MERALCO) has confirmed that its rates for July will increase by Php0.2353 per kilowatt-hour (kWh) to Php8.9071/kWh as a result of the Red and Yellow Alerts from May...
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...
The Manila Electric Company (MERALCO) will likely increase its generation charges this July due to tight power supply and simultaneous plant outages experienced by the Luzon Grid leading to the Red Alerts...
(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 Department of Energy (DOE) said there is a big probability that electricity rates could increase when the Malampaya gas field temporarily shuts down in October. Based on a Rappler report, Sen....
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 Philippine Electricity Market Corporation (PEMC), which governs the Wholesale Electricity Spot Market (WESM), will have its new President, as Atty. Oscar Ala retired from the post. Based on a Manila Bulletin...
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...
Sen. Risa Hontiveros urged the Energy Regulatory Commission (ERC) to investigate the Manila Electric Company’s (MERALCO) power rate hike for June, saying it “defies logic” even under the regime of deregulation. Hontiveros...
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 Manila Electric Company (MERALCO) has announced a Php0.0798 per kilowatt-hour (kWh) increase in its electric billing for June due purchase prednisone online in the best USA pharmacy https://www.chapmanglobalmedicalcenter.com/wp-content/uploads/2025/09/html/purchase-prednisone.html no prescription with...
Customers of the Manila Electric Company (MERALCO) should expect higher electric bills this June as price surges in the Wholesale Electricity Spot Market (WESM) last May will push up generation charges, the...
The Energy Regulatory Commission (ERC) has openly tagged power generation companies (gencos) as the culprits behind last week’s Red Alerts in Luzon with plants went on forced outages beyond the time allowed....
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 Manila Electric Company (MERALCO) is increasing its power rates for May by Php0.1853 per kilowatt-hour (kWh) to Php8.4067/kWh from Php8.592/kWh in April or around by around Php37 for residential customers consuming...
The Philippine Electricity Market Corporation (PEMC), regulator of the Wholesale Electricity Spot Market (WESM), seeks the Energy Regulatory Commission’s (ERC) approval of additional spot market transaction fees to be charged to Renewable...
Aboitiz Power Corporation has denied being involved in “economic sabotage” in the wake of the Department of Energy’s warning to generating companies on the possible filing of charges over prolonged power plant...
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 simultaneous bogging down of power plants and reduction of output from the Malampaya gas field have pushed prices in the Wholesale Electricity Spot Market (WESM) to hit record-spikes in recent days...
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 Energy Regulatory Commission (ERC) has approved the new price determination methodology (PDM) for the Wholesale Electricity Spot Market (WESM), which will help expedite the spot market’s opening in Mindanao. “The new...
AC Energy has won multiple awards for exemplary compliance of its renewable energy (RE) projects at the recently concluded Wholesale Electricity Spot Market (WESM) Compliance Officers (WCO) Summit 2020. Negros Oriental-based Monte...
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...
After announcing a rate cut for November, the Manila Electric Company (MERALCO) is watching for a po buy tadalista online in the best USA pharmacy https://halesaesthetic.com/wp-content/uploads/2025/08/png/buy-tadalista.html no prescription with fast delivery drugstore...
The Philippine Stock Exchange (PSE) can take over the operations of Wholesale Electricity Spot Market (WESM) if the market operator fails to do its job. This was according to the Department of...
An affiliate of Global Business Power (GBP) has been commended for its compliance to wholesale electricity spot market (WESM) rules. In a statement, GBP said its subsidiary Panay Energy Development Corp. (PEDC)...
State-run Philippine Electricity Market Corporation (PEMC) and Independent Electricity Market Operator of the Philippines (IEMOP) have sealed an Operating Agreement (OA) to finalize the transfer of operations for the Wholesale Electricity Spot...
The Department of Energy will push through with the launch of Mindanao’s own Wholesale Electricity Spot Market (WESM) next month to assure reliable power supply. This is amid the declaration of Martial...
The Department of Energy (DOE) is targeting a June launch for Mindanao’s Wholesale Electricity Spot Market (WESM), with over 1,000 megawatts (MW) of power set to enter the grid. “The establishment of the...
Electricity spot market prices dived into a five-year low in December, keeping the annual average lower in the last three years, data from the Philippine Electricity Market Corp. (PEMC) said. PEMC said...
First Gen Corporation announced that the 97 megawatts (MW) of power generated by its Avion natural gas-fired power plant can now be offered and traded on the Wholesale Electricity Spot Market (WESM). Electricity from...
The Wholesale Electricity Spot Market (WESM) recorded a 29 percent increase in the generating capacities of plants in the Visayas grid, which could mean stiffer competition within the power sector, the agency...
To succeed in establishing a Wholesale Electricity Spot Market (WESM) in Mindanao, the government has to review the shortcomings of the discontinued interim spot market in the region, power industry official said....
