Regional supply crunch drives June power prices up
Electricity consumers could face higher power costs after wholesale electricity prices jumped in June as tighter regional supply and persistent power plant…
· 2 min read
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Electricity consumers could face higher power costs after wholesale electricity prices jumped in June as tighter regional supply and persistent power plant…
· 2 min read
The coming summer may bring relief rather than rolling alerts, with Luzon’s power supply improving after regulators extended key gas contracts and new plants…
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‘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.’
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Electricity prices across the grid may climb next year as growing demand and potential supply disruptions tighten operating conditions, according to the…
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Electricity prices in the Wholesale Electricity Spot Market (WESM) climbed sharply in October as surging demand and unplanned power plant outages tightened…
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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…
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The Independent Electricity Market Operator of the Philippines (IEMOP) is celebrating its seventh anniversary, highlighting key milestones in advancing…
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‘In Luzon, despite higher demand and supply, prices drop slightly, even with more power exports to Visayas through HVDC.’
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Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped in June as supply remained stable and demand declined with the onset of the rainy…
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The average price of electricity in the Wholesale Electricity Spot Market (WESM) fell by 11 percent in May, potentially easing pressure on consumer bills, as…
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The Independent Electricity Market Operator of the Philippines (IEMOP) expects the Wholesale Electricity Spot Market (WESM) to remain stable in the coming…
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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…
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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…
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‘Right now, we are preparing for the RE market full commercial operations, targeted hopefully by December to go full commercial operations’
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