The Independent Electricity Market Operator of the Philippines (IEMOP) said average spot market prices hit a seven-month low in September.

In a statement on Monday, Oct. 6, IEMOP reported that the average price at the Wholesale Electricity Spot Market (WESM), dropped by 33.8 percent to β‚±3.04 per kilowatt-hour (kWh).

IEMOP explained that there were n

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