Regional supply crunch drives June power prices up
IEMOP said wholesale electricity spot market prices rose 22.7% to P9.56/kWh in June due to tighter regional supply, reserve shortages, and power plant outages,…
· 2 MIN READ
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IEMOP
Latest Daily Tribune news and analysis on IEMOP.
NGCP: Holiday power supply stable
‘Unless there are unforeseen circumstances such as a typhoon or sudden failure of power plants, we do not see any problem with the supply of electricity.’
· 2 MIN READ
IEMOP sees price spike risk in 2026
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Grid strain sends WESM prices higher
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IEMOP marks 7th year, spot prices drop to 5-year low
This year, IEMOP reported a significant drop in average spot market prices, which fell to P4.14 per kilowatt-hour in the first half of 2025 — down 26 percent…
· 1 MIN READ
IEMOP celebrates 7 years with milestones in renewable energy, lower electricity prices
IEMOP celebrates its 7th anniversary by highlighting milestones in renewable energy, lower electricity prices, and expanded consumer access through the Retail…
· 2 MIN READ
Outages lift August prices
‘In Luzon, despite higher demand and supply, prices drop slightly, even with more power exports to Visayas through HVDC.’
· 1 MIN READ
June spot market rates retreat
Electricity prices in the Wholesale Electricity Spot Market dropped to P3.86/kWh in June as cooler weather reduced demand and supply remained stable, according…
· 1 MIN READ
WESM prices decline in May
Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped by 11% in May to P4.01/kWh, driven by higher power supply outpacing demand,…
· 2 MIN READ
Steady WESM prices seen amid ample supply
The Independent Electricity Market Operator of the Philippines forecasts stable electricity prices at WESM in the coming months, supported by ample supply,…
· 2 MIN READ
Spot power prices zoom up — IEMOP
The tight reserves contributed to sustained price increases, prompting the imposition of the Secondary Price Cap 6.39 percent of the time during the first week…
· 1 MIN READ
IEMOP: Brownout-free summer likely in 2025
The Independent Electricity Market Operator of the Philippines said on Tuesday that the current power outlook for Luzon, the country’s largest grid, shows no…
· 2 MIN READ
RE market ops set by year’s end
‘Right now, we are preparing for the RE market full commercial operations, targeted hopefully by December to go full commercial operations’
· 2 MIN READ
