Power supply improves nationwide in December, but Visayas and Mindanao see higher prices — IEMOP

The country’s system-wide power supply improved in December 2025, but tighter operating conditions in the Visayas and Mindanao drove electricity prices higher in those regions, according to the Independent Electricity Market Operator of the Philippines (IEMOP).

Razon’s Primelectric strengthens leadership with appointment of former IEMOP chief Richard Nethercott

In a strategic move to reinforce its growing power distribution portfolio, Primelectric Holdings, Inc., led by billionaire Enrique Razon Jr., has appointed Atty. Richard Nethercott, former president and chief executive officer of the Independent Electricity Market Operator of the Philippines (IEMOP), as its Corporate Chief Operations Officer (COO).