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..
Tag Archives: WESM
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..
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..
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..
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..
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..
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..
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..
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..
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..