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The Independent Electricity Market Operator of the Philippines (IEMOP) on Thursday said electricity spot market prices in the first two weeks of June dropped by P1.73 per kilowatt hour (kWh) to P7.10 per kWh, mainly due to a reduction in demand and a modest increase in supply. The operator of…
THE Independent Electricity Market Operator of the Philippines (IEMOP), the operator of the Wholesale Electricity Spot Market (WESM), reported a decline in WESM prices during the first two weeks of the June billing month.