Wholesale Electricity Spot Market

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            [0] => Array
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                    [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
                )

            [1] => 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
                )

            [2] => Array
                (
                    [ArticleID] => 2166603
                    [Title] => DOE: Preference of RE plants in spot market to ramp up energy security
                    [Summary] => The State is required to ramp up the use of renewables by creating a conducive environment for such investments through fiscal and non-fiscal incentives, among others, under the Renewable Energy Act of 2008.
                    [DatePublished] => 2022-03-11 17:02:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1807337
                    [AuthorName] => Angelica Y. Yang
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => https://media.philstar.com/photos/2021/05/19/ac_2021-05-19_18-42-29978_thumbnail.jpg
                )

            [3] => Array
                (
                    [ArticleID] => 1949845
                    [Title] => Mindanao power spot market reset next year
                    [Summary] => Independent Electricity Market Operator of the Philippines (IEMOP) has pushed back anew the full operations of the wholesale electricity spot market (WESM) in Mindanao to next year, its top official said.
                    [DatePublished] => 2019-09-08 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [4] => Array
                (
                    [ArticleID] => 1942000
                    [Title] => WESM operator ordered to refund P2 B to customers
                    [Summary] => The Energy Regulatory Commission (ERC) has ordered the wholesale electricity spot market (WESM) operator to return nearly P2 billion to Luzon and Visayas consumers due to miscalculations.
                    [DatePublished] => 2019-08-10 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 1879827
                    [Title] => IEMOP proposes  nationwide system  for renewable energy development
                    [Summary] => The operator of the wholesale electricity spot market is proposing the development a nationwide system to establish the country’s renewable energy market.
                    [DatePublished] => 2018-12-26 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 1877059
                    [Title] => WESM operator proposes new measures for retail market
                    [Summary] => The operator of the wholesale electricity spot market (WESM) is proposing new measures for easier entry into the retail market.
                    [DatePublished] => 2018-12-15 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 1872815
                    [Title] => Mindanao power spot market goes onstream in first half of 2019
                    [Summary] => The wholesale electricity spot market (WESM) in Mindanao is expected to be fully operational by the first half of next year.
                    [DatePublished] => 2018-11-30 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 1871925
                    [Title] => WESM operator urges SC  to resolve issue on RCOA
                    [Summary] => The operator of the country’s wholesale electricity spot market (WESM) has called on the Supreme Court to resolve the case hampering the full implementation of Retail Competition and Open Access (RCOA) program, which could bring the power of choice down to the household level.
                    [DatePublished] => 2018-11-27 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 1828126
                    [Title] => WESM starts independent operations
                    [Summary] => The country’s wholesale electricity spot market yesterday commenced independent operations under the independent market operator, nearly two decades after the Electric Power Industry Reform Act of 2001 mandated its transition to an IMO.
                    [DatePublished] => 2018-06-27 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1804525
                    [AuthorName] => Danessa Rivera
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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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

DOE: Preference of RE plants in spot market to ramp up energy security

By Angelica Y. Yang | March 11, 2022 - 5:02pm

The State is required to ramp up the use of renewables by creating a conducive environment for such investments through fiscal...

Headlines

Mindanao power spot market reset next year

By Danessa Rivera | September 8, 2019 - 12:00am

Independent Electricity Market Operator of the Philippines (IEMOP) has pushed back anew the full operations of the wholesale electricity spot market (WESM) in Mindanao to next year, its top official said.

Business

WESM operator ordered to refund P2 B to customers

By Danessa Rivera | August 10, 2019 - 12:00am

The Energy Regulatory Commission (ERC) has ordered the wholesale electricity spot market (WESM) operator to return nearly P2 billion to Luzon and Visayas consumers due to miscalculations.

Business

IEMOP proposes nationwide system for renewable energy development

By Danessa Rivera | December 26, 2018 - 12:00am

The operator of the wholesale electricity spot market is proposing the development a nationwide system to establish the country’s renewable energy market.

Business

WESM operator proposes new measures for retail market

By Danessa Rivera | December 15, 2018 - 12:00am

The operator of the wholesale electricity spot market (WESM) is proposing new measures for easier entry into the retail market.

Business

Mindanao power spot market goes onstream in first half of 2019

By Danessa Rivera | November 30, 2018 - 12:00am

The wholesale electricity spot market (WESM) in Mindanao is expected to be fully operational by the first half of next year.

Business

WESM operator urges SC to resolve issue on RCOA

By Danessa Rivera | November 27, 2018 - 12:00am

The operator of the country’s wholesale electricity spot market (WESM) has called on the Supreme Court to resolve the case hampering the full implementation of Retail Competition and Open Access (RCOA) program,...

Business

WESM starts independent operations

By Danessa Rivera | June 27, 2018 - 12:00am

The country’s wholesale electricity spot market yesterday commenced independent operations under the independent market operator, nearly two decades after the Electric Power Industry Reform Act of 2001 mandated...

Business