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                    [Title] => WESM rates down for 4th straight month
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                    [Title] => Average spot market price drops in April amid improved supply
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                    [Title] => Average power spot market prices up in March
                    [Summary] => The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month's level, IEMOP reported.
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                    [Title] => DOE: Preference of RE plants in spot market to ramp up energy security
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                    [Title] => Mindanao power spot market reset next year
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abtest

WESM rates down for 4th straight month

By Brix Lelis | October 3, 2024 - 12:00am

The average price of electricity in the Wholesale Electricity Spot Market declined again in September, marking a four-month...

Business

Average spot market price drops in April amid improved supply

By Angelica Y. Yang | April 29, 2022 - 1:02pm

The average spot market price fell by 10.12% to P6.26 per kilowatt-hour (/kWh) compared to last month's level, IEMOP said...

Business

Average power spot market prices up in March

By Angelica Y. Yang | March 31, 2022 - 6:17pm

The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared...

Headlines

DOE: Preference of RE plants in spot market to ramp up energy security

By Angelica Y. Yang | March 11, 2022 - 5:02pm

The State is required to ramp up the use of renewables by creating a conducive environment for such investments through fiscal...

Headlines

Mindanao power spot market reset next year

By Danessa Rivera | September 8, 2019 - 12:00am

Independent Electricity Market Operator of the Philippines (IEMOP) has pushed back anew the full operations of the wholesale electricity spot market (WESM) in Mindanao to next year, its top official said.

Business

WESM operator ordered to refund P2 B to customers

By Danessa Rivera | August 10, 2019 - 12:00am

The Energy Regulatory Commission (ERC) has ordered the wholesale electricity spot market (WESM) operator to return nearly P2 billion to Luzon and Visayas consumers due to miscalculations.

Business

IEMOP proposes nationwide system for renewable energy development

By Danessa Rivera | December 26, 2018 - 12:00am

The operator of the wholesale electricity spot market is proposing the development a nationwide system to establish the country’s renewable energy market.

Business

WESM operator proposes new measures for retail market

By Danessa Rivera | December 15, 2018 - 12:00am

The operator of the wholesale electricity spot market (WESM) is proposing new measures for easier entry into the retail market.

Business

Mindanao power spot market goes onstream in first half of 2019

By Danessa Rivera | November 30, 2018 - 12:00am

The wholesale electricity spot market (WESM) in Mindanao is expected to be fully operational by the first half of next year.

Business

WESM operator urges SC to resolve issue on RCOA

By Danessa Rivera | November 27, 2018 - 12:00am

The operator of the country’s wholesale electricity spot market (WESM) has called on the Supreme Court to resolve the case hampering the full implementation of Retail Competition and Open Access (RCOA) program,...

Business