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May spot power prices decline 11.2% vs April
Business World Philippines
|June 04, 2025
POWER prices on the Wholesale Electricity Spot Market (WESM) fell in May as supply growth outpaced that of demand, the Independent Electricity Market Operator of the Philippines (IEMOP) said.
IEMOP reported that WESM rates system-wide declined 11.2% month on month in May to P4.01 per kilowatt-hour (kWh).
Between April 26 and May 25, the available supply increased 4.1% to 22,218 megawatts (MW). Demand rose 2.9% to 15,169 MW.
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