9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
The Independent Electricity Market Operator of the Philippines (IEMOP) says that the average electricity price in January 2025 dropped to Php 2.96 per kilowatt-hour (kWh), marking a 14.3% decline from December 2024,
The Independent Electricity Market Operator of the Philippines (IEMOP) reports that electricity prices eased at the start of the year, with the system average price decreasing by 14.3% to Php 2.96 per
A group of power plant operators ensures that no power shortages are expected next year for the Luzon Grid, even during the typically critical summer months. In a report by ABS CBN
The Department of Energy (DOE) says the Renewable Energy Market (REM) will begin full commercial operations on December 26. Philippine Star reported that in a circular issued on December 6, the DOE
Wholesale Electricity Spot Market (WESM) prices increased slightly in November as tighter supply-demand margins drove rates higher, the Independent Electricity Market Operator of the Philippines (IEMOP) said. In a report by Business
The price for October 2024 billing scaled to 13.1%, reaching around Php 4.39 per kilowatt-hour (kWh), according to data from the Independent Electricity Market Operator of the Philippines (IEMOP). In a media
Independent Electricity Market Operator of the Philippines (IEMOP) says that electricity prices at the Wholesale Electricity Spot Market (WESM) decreased in August due to sufficient supply amid strong demand. In a report
The Independent Electricity Market Operator of the Philippines (IEMOP) has reported a decline in the initial average price of electricity in the Wholesale Electricity Spot Market (WESM) experienced last month. In a
Because of the decline in demand brought on by the rainy season, the Independent Electricity Market Operator of the Philippines (IEMOP) reports that the average cost of power traded in the Wholesale
The Energy Regulatory Commission (ERC) approved a staggered payment plan for the Wholesale Electricity Spot Market (WESM) purchases over the next four months, beginning in June 2024. The ERC will release an
