IEMOP

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                    [ArticleID] => 2323212
                    [Title] => IEMOP starts pilot stage for reserve market
                    [Summary] => The Independent Electricity Market Operator of the Philippines  has commenced with the pilot stage of the reserve market in preparation for its nearing full commercial operations.
                    [DatePublished] => 2024-01-04 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805259
                    [AuthorName] => Richmond Mercurio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2024/01/03/power-grid2023-03-0314-33-10-12023-12-1419-31-09_2024-01-03_18-28-55582_thumbnail.jpg
                )

            [1] => Array
                (
                    [ArticleID] => 2318883
                    [Title] => Power spot market prices likely lower this month
                    [Summary] => Electricity prices in the spot market are expected to go down this month due to a reduction in electricity demand coupled with improvements in supply levels.
                    [DatePublished] => 2023-12-15 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805259
                    [AuthorName] => Richmond Mercurio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2023/12/14/power-grid2023-03-0314-33-10-1_2023-12-14_19-31-09383_thumbnail.jpg
                )

            [2] => Array
                (
                    [ArticleID] => 2224283
                    [Title] => WESM prices on the decline this month
                    [Summary] => Average electricity spot market prices have declined in the early part of November after two successive months of increases.
                    [DatePublished] => 2022-11-17 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805259
                    [AuthorName] => Richmond Mercurio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 2195414
                    [Title] => IEMOP readies system for influx of retail power aggregators
                    [Summary] => The Independent Electricity Market Operator of the Philippines, which serves as the central registration body of the retail electricity market, is set to upgrade its processes and market systems in preparation for the expected influx of participants in the retail aggregation program.
                    [DatePublished] => 2022-07-15 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1805259
                    [AuthorName] => Richmond Mercurio
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 2177650
                    [Title] => Average spot market price drops in April amid improved supply
                    [Summary] => The average spot market price fell by 10.12% to P6.26 per kilowatt-hour (/kWh) compared to last month's level, IEMOP said Friday.
                    [DatePublished] => 2022-04-29 13:02:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807337
                    [AuthorName] => Angelica Y. Yang
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/12/31/erc_2020-12-31_16-24-12418_thumbnail.jpg
                )

            [5] => Array
                (
                    [ArticleID] => 2171306
                    [Title] => Average power spot market prices up in March
                    [Summary] => The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared last month's level, IEMOP reported.
                    [DatePublished] => 2022-03-31 18:17:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807337
                    [AuthorName] => Angelica Y. Yang
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => https://media.philstar.com/photos/2020/06/06/bs11-052220_2020-06-06_21-56-06747_thumbnail.jpg
                )

            [6] => Array
                (
                    [ArticleID] => 2163948
                    [Title] => Average spot market price drops as power supply improves in February
                    [Summary] => Energy prices in the spot market fell month-on-month in February as more generating units were able to come back online.
                    [DatePublished] => 2022-02-28 14:37:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807337
                    [AuthorName] => Angelica Y. Yang
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/06/06/bs11-052220_2020-06-06_21-56-06747_thumbnail.jpg
                )

            [7] => Array
                (
                    [ArticleID] => 2157001
                    [Title] => Philippines' grid operator opens bids for reserve power providers
                    [Summary] => The National Grid Corp. of the Philippines (NGCP) is looking for interested ancillary service (AS) providers which will supply reserve power to the Luzon, Visayas and Mindanao grids, months ahead of the dry season. 
                    [DatePublished] => 2022-01-28 15:04:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807337
                    [AuthorName] => Angelica Y. Yang
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2020/06/06/bs11-052220_2020-06-06_21-56-06747_thumbnail.jpg
                )

            [8] => Array
                (
                    [ArticleID] => 2136221
                    [Title] => Power spot market prices up in October
                    [Summary] => Average wholesale electricity spot market prices rose in October on tight supply due to the scheduled Malampaya gas facility shutdown and forced outage of some plants while demand continued to rise, the Independent Electricity Market Operator of the Philippines said.
                    [DatePublished] => 2021-10-24 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2021/10/23/power_2021-10-23_19-42-36783_thumbnail.jpg
                )

            [9] => Array
                (
                    [ArticleID] => 2073761
                    [Title] => Power spot market prices to remain low
                    [Summary] => The Independent Electricity Market Operator of the Philippines expects wholesale electricity spot market prices to remain generally low this year despite an increase in demand.
                    [DatePublished] => 2021-01-29 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => https://media.philstar.com/photos/2021/01/28/power_2021-01-28_19-25-43191_thumbnail.jpg
                )

        )

)

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IEMOP starts pilot stage for reserve market

By Richmond Mercurio | January 4, 2024 - 12:00am

The Independent Electricity Market Operator of the Philippines has commenced with the pilot stage of the reserve market in...

Business

Power spot market prices likely lower this month

By Richmond Mercurio | December 15, 2023 - 12:00am

Electricity prices in the spot market are expected to go down this month due to a reduction in electricity demand coupled...

Business

WESM prices on the decline this month

By Richmond Mercurio | November 17, 2022 - 12:00am

Average electricity spot market prices have declined in the early part of November after two successive months of increases.

Business

IEMOP readies system for influx of retail power aggregators

By Richmond Mercurio | July 15, 2022 - 12:00am

The Independent Electricity Market Operator of the Philippines, which serves as the central registration body of the retail electricity market, is set to upgrade its processes and market systems in preparation for...

Business

Average spot market price drops in April amid improved supply

By Angelica Y. Yang | April 29, 2022 - 1:02pm

The average spot market price fell by 10.12% to P6.26 per kilowatt-hour (/kWh) compared to last month's level, IEMOP said...

Business

Average power spot market prices up in March

By Angelica Y. Yang | March 31, 2022 - 6:17pm

The average wholesale electricity spot market (WESM) price rose by 12.60% to P6.97 per kilowatt-hour (/kWh) in March, compared...

Headlines

Average spot market price drops as power supply improves in February

By Angelica Y. Yang | February 28, 2022 - 2:37pm

Energy prices in the spot market fell month-on-month in February as more generating units were able to come back on...

Business

Philippines' grid operator opens bids for reserve power providers

By Angelica Y. Yang | January 28, 2022 - 3:04pm

The National Grid Corp. of the Philippines (NGCP) is looking for interested ancillary service (AS) providers which will supply...

Business

Power spot market prices up in October

By Danessa Rivera | October 24, 2021 - 12:00am

Average wholesale electricity spot market prices rose in October on tight supply due to the scheduled Malampaya gas facility...

Business

Power spot market prices to remain low

By Danessa Rivera | January 29, 2021 - 12:00am

The Independent Electricity Market Operator of the Philippines expects wholesale electricity spot market prices to remain...

Business