Tag page - IEMOP

Electricity demand ‘tame’ in 2 months The manufacturing sector failed on its rebound momentum, hence, the country’s electricity demand had been ‘tame’ in the past two months, according to the operator of the Wholesale Electricity Spot Market. Isidro E. Cacho Jr., chief corporate strategy...

Registration with the operator of the Wholesale Electricity Spot Market (WESM) will no longer be mandated if retail competition and open access (RCOA) will already reach the level of household consumers, according to the Independent Electricity Market Operator of the Philippines (IEMOP)....

The La Niña weather phenomenon has already started driving down electricity rates this October in the country’s Wholesale Electricity Spot Market (WESM), with it going down by more than P1.00 per kilowatt hour (kwh) as of October 12 to P2.19 per kwh from the September average market price of...