Tuesday, December 30, 2025
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Tag: IEMOP

WESM price drops to P3.98/kWh in November

System-wide average price at the Wholesale Electricity Spot Market (WESM) declined by P0.56 per kilowatt-hour (kWh) in November to P3.98 per kWh from P4.54...

Power prices at spot market jumped in October on tighter supply margins

The Average systemwide prices at the Wholesale Electricity Spot Market (WESM) surged by P1.50 per kilowatt-hour (kWh) to P4.54 per kWh in October from...

AboitizPower unit decommissions diesel generator

Aboitiz Power Corp. wholly-owned subsidiary East Asia Utilities Corp. (EAUC) said Monday it decommissioned a diesel generator unit at its bunker C-fired diesel power...

ERC sets market fee for electricity spot market operators

The Energy Regulatory Commission (ERC) has approved a total market fee of P0.0071 per kilowatt-hour (kWh), or equivalent to P3.3 billion, for the Independent...

Power spot market rates to stay below P4 for per kWh

The Independent Electricity Market Operator of the Philippines (IEMOP), operator of the nation’s electricity spot market, expects average rates across the three grids to...

Meralco warns of higher October power generation charges on weak peso

Consumers of Manila Electric Co. (Meralco) are facing higher power generation charges this month due to the depreciation of the peso, which could be...

Electricity spot market price lowest in 7 months

The average system-wide electricity spot market price in the Philippines dropped to its lowest level in seven months in September 2025, the Independent Electricity...

Power prices at spot market rose 15.3% in August on higher demand

The average system-wide electricity prices in the Philippines’ spot market rose 15.3 percent in August 2025 to P4.59 per kilowatt-hour (kWh) from the previous...

Electricity spot prices increased in July—IEMOP

Average system-wide prices at the Wholesale Electricity Spot Market (WESM) rose slightly to P3.99 per kilowatt-hour (kWh) in July from P3.86 per kWh in...

Electricity prices at spot market dropped in first half amid improved supply

Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped in the first half of 2025 on improved supply margins, growing renewable energy investments...

Unpaid WESM fees not passed on to consumers

The Independent Electricity Market Operator of the Philippines (IEMOP) assured the public that any unpaid fees at the Wholesale Electricity Spot Market (WESM) are...

Power prices stable in second halfwith new gas plants, solar farms

Power prices at the spot market are expected to stabilize at P4 to P5 per kilowatt-hour (kWh) in the second half of 2025 on...

Power rates in spot market declined in June on lower demand, says IEMOP

The average system-wide power rates in the Philippines' spot market declined 3.9 percent in June 2025 on lower demand and supply, the Independent Electricity...

WESM operator seeks ERC nod for additional P1-b fees

The Independent Electricity Market Operator of the Philippines, Inc. (IEMOP), operator of the Wholesale Electricity Spot Market (WESM), is asking provisional approval from the...
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