Try GOLD - Free
No WESM price spikes seen through 2025
The Freeman
|July 08, 2025
Electricity rates in the country's spot market are likely to remain stable for the rest of the year amid ample supply margins, according to the Independent Electricity Market Operator of the Philippines.
-
IEMOP trading operations head Isidro Cacho Jr. is not seeing “significant” price increases in the third quarter.
“We hope to see a stable supply margin for the rest of the year. If it (price) rises, it will likely be around P4 or P5 due to the ample margin we're seeing in the market,” Cacho told reporters over the weekend.
He is counting on the entry of 1,400 megawatts (MW) of gas capacity and a major surge in solar power integration, especially in the Luzon grid.
Unplanned outages of several power plants were said to have decreased this year, unlike in 2024, which saw at least 78 yellow and red alerts.
This story is from the July 08, 2025 edition of The Freeman.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Freeman
The Freeman
ASEAN seals key accords
\"Leaders agreed on the importance of stable and reliable energy supply chains, greater energy interconnectivity, and accelerated diversification toward renewable and alternative sources,\" Marcos said.
2 mins
May 09, 2026
The Freeman
"FIST OF FURY X" AT CEBU COLISEUM
Abne takes on Chinese KO artist in IBF title eliminator tonight
2 mins
May 09, 2026
The Freeman
The voyage to the 48th ASEAN Leaders' Summit
Ministerial meetings set tone of the agenda
3 mins
May 09, 2026
The Freeman
Batch 2026, 2012 pull off bounce-back wins in SHAABAA
Rufrance LPG Batch 2026 rebounded from its opening day loss in style, stunning the defending champions Core+ Batch 2018, 68-63, in Division C of the Sacred Heart Ateneo Alumni Basketball Athletic Association (SHAABAA) Season 29 at the Sacred Heart School-Ateneo de Cebu (SHS-AdC) Magis Eagles Arena in Barangay Canduman, Mandaue City.
2 mins
May 09, 2026
The Freeman
Sidewalk vendors reminded to observe discipline
Cebu City Mayor Nestor Archival recently met with sidewalk vendors to push forward his campaign for discipline and order in public spaces.
1 min
May 09, 2026
The Freeman
Philippines, Vietnam agree on fixed-price rice deal
The Philippines and Vietnam have agreed to establish a rice trade mechanism to help secure stable rice supply on a fixed price until April 2027, the Department of Agriculture said Friday, May 8.
2 mins
May 09, 2026
The Freeman
Fisherfolk without lifeline amid fuel price surge
Senator Imee R. Marcos warned that Filipino fishermen are “drowning in politics amid crisis,” as soaring fuel prices continue to cripple the country’s fishing sector.
1 min
May 09, 2026
The Freeman
Council pushes for CESET presence at BRT zones
After seeing overflowing bins and improper waste disposal at Bus Rapid Transit (BRT) loading areas, the Cebu City Council has urged the deployment of environmental enforcers to keep the busy commuter hubs clean.
1 min
May 09, 2026
The Freeman
PDC endorses five dam projects as top priorities
The Provincial Development Council (PDC) has endorsed five proposed dam projects worth P5 billion under Governor Pamela Baricuatro's \"Big Ticket Projects\" initiative, as Cebu pushes long-term solutions to worsening flooding.
3 mins
May 09, 2026
The Freeman
Talking about the invisible
It seems to be the first thing the government does whenever something important is scheduled to take place; hide the poor people and block out the eyesores with billboards.
2 mins
May 09, 2026
Listen
Translate
Change font size