Category: Annual Reports

The Annual Market Outcomes for 2024 is an infographic presenting the 2024 market operations highlights, market transactions, generation mix, and new market developments, among other things, on a system-wide and regional basis.

This IEMOP Annual Report provides highlights on the operations of the Philippine Wholesale Electricity Spot Market (WESM) particularly the market outcomes for year 2024. This report covers the state of supply and demand including generator performance per technology as well as transmission performance – all of which are factors affecting the WESM prices.

This report also features market developments including Reserve Market and the concept of co-optimization with energy, implementation of the Retail Competition and Open Access (RCOA) and the Green Energy Option Program (GEOP) in Mindanao, and the launching of the full commercial operations of the Renewable Energy Market (REM) with IEMOP as the Renewable Energy Registrar (RER). Additionally, this report provides updates on the country’s economic and technological state of energy with respect to neighboring Southeast Asian countries and the world.

The Annual Market Outcomes for 2023 is an infographic presenting the 2023 market operations highlights, market transactions, and generation mix among others for both system and regional basis.

With the continual market-centered developments in the electric power industry, bringing together key stakeholders in the Philippine energy industry to foster collaboration and promote synergy came about through the cover.

The design showcases a network of industry stakeholders. The façade illustrates power facilities with highlights on emerging technologies. At the middle backdrop lies two high voltage towers and the building infrastructure behind represents the consumer sector connected to either transmission or distribution grid – these are the main building blocks of the power system – Generation, Transmission, and Distribution.

IEMOP is cognizant of its role to keep the prices of electricity competitive. Hence, when the economy was largely restricted due to COVID-19, IEMOP
immediately and decisively adapted to the “new normal.” Through the corporate strategies and protocols implemented, IEMOP was able to successfully and
efficiently operate the electricity market in 2020. Moreover, it ceaselessly spearheaded innovations and developments in the electricity market despite the difficulties that the energy industry braved through in that year. And this was made possible with IEMOP’s steadfast commitment to be a market operator leading today, and defining tomorrow.

This Annual Report, which covers FY 2018-2019, features the market operations report as well as the milestones achieved by IEMOP during its journey for the past year. With this, the organization looks back on the challenges that it has eclipsed and looks forward to surpassing more.