Philippines wholesale electricity
Energy Builds Everything
Energy is the commodity that sets the baseline cost for cement used in construction, for smelting ore in mining, for air conditioning in consumer retail, and for CPUs in data centers. Cost volatility means massive electric bills when prices rise unexpectedly on the WESM spot market.
Our Landmark OfferingThe timing is perfect for the Philippines
With the help of our participating electricity companies and producers, we’re modernizing the Philippines energy industry. Through landmark forward power contracts, the Green Tiger Marketplace is now a solution to drive stability, change and progress in the energy sector. Energy price management on the Philippine power exchange will never be the same again.
GTM featured contracts
GTM lists contracts to trade Baseload power (24 hours per day), or three day segments on the GTM trading platform:
Morning 12am - 8am
Midday 8am - 4pm
Evening 4pm - midnight
Choose between contracts that reference the WESM spot prices for Luzon, Visayas or Mindanao, depending on the specific type of price-risk your business is exposed to on the Philippine energy exchange.
Trade a single month, a strip of months, a full calendar year, or a strip of years.
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Luzon Midday
Calendar Year
12 monthsLiquidity to trade the next calendar year is at its peak during Q4, when our participants are finalizing their financial outlook for next year. Our new midday contract hedges against intraday price exposure.
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Luzon Baseload
July - December
6 monthsParticipants enhance their baseline financial hedges with half year contracts, optimizing portfolio exposure based on unique needs. Trade 6 month strips starting in any month of the year on GTM.
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Luzon Midday
April - June
3 monthsDon’t let the early or late onset of rainy season disrupt your financial stability. Trade in quarterly strips, our most popular contract, to optimize your energy portfolio in each season. Our new midday contract hedges against intraday price exposure.
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Luzon Baseload
June
1 monthFully control your exposure to spot prices with single month contracts on GTM. Now you have the flexibility to hedge exactly what you need from month to month.
For Generators
Reduce your exposure to WESM spot prices
Generators use GTM Contracts to handle short-term excess, or to cover shortfalls in anticipated generation, to reduce the impact of spot market price volatility.
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Lock in the price of power ahead of time for planned outages at your plant.
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If you anticipate excess or shortfall in generation due to cyclical seasonality, sell your surplus and buy your deficit on GTM using our monthly contracts.
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Perhaps your business has excess capacity during Midday but a shortfall during the Evening. Use GTM day-segment products to transform your power profile to fit your commercial needs.
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If your company delivers power directly to spot as “a price taker”, find a buyer on GTM and lock in a price to secure your business margins and protect your profits against price shock.
For Distributors
Reduce your exposure to WESM spot market prices
Distributors use GTM Contracts to lock in the price of spot electricity, and to sell back any contracted surplus, to reduce the impact of spot market price volatility.
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If your retail customers consumption varies between Morning, Midday and Evening, optimize your spot price exposure by trading our intraday products.
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Perhaps your retail portfolio is undersupplied for a period of high utilization. Draw additional power from spot as you need it, and use GTM to lock in the price you will pay ahead of time.
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Suppose your deal team wins a new Contestable Customer, but their demand runs beyond your contracted capacity. No problem. Lock-in your wholesale spot price now, by buying a Financial Hedge, and secure the margins on your new deal.
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If your company draws power directly to spot as “a price taker”, find a seller on GTM and lock in a price to secure your business margins and protect your profits against price shock.
Featured Product | Luzon Baseload Calendar 2026
Now is the time to set your forward market baseline hedge for 2026
For Developers
Accelerate your project development efforts
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If you have already contracted the delivery of power but your project is a few months behind schedule, buy the replacement power you need for those months by using GTM contracts.
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It is costly and time consuming to call around for companies who want to contract your physical power. Instead, use GTM to secure your offtake using financial contracts. Deliver your power directly to spot, hedge the price you will receive on GTM, and break ground that much sooner.
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Your lenders may require certainty in the price you will receive for your power. You can sell some or all of your forward power using a GTM financial hedge and secure your financing more quickly. If you land a PSA later, you can buy your hedge back.
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Got another project with economics that works if you can find a buyer for future years? Post an indicative offer for those years now. You can hold the option to greenlight a project for development until after GTM has secured a buyer for you.
For Bulk Consumers
Secure reliable, fixed price energy
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Instead of buying your power directly from a retail distributor or the RES-arm of a generator, use the spot market to procure your power directly from the grid, and use GTM contracts to hedge your spot market price exposure.
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All generators will have outages from time to time. Sourcing your power requirements from the spot market, and hedging your price exposure using GTM contracts, gives you access to the aggregated power from many diverse generators, plus the fail-over and emergency capacity measures that have been contracted into the grid.
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Avoid energy contracts that incorporate variable cost elements, such as the market price of Coal, or the variable price of Spot Electricity. Use GTM contracts to pick a fixed price that secures the profitability of your company and removes variable price risk from your economics.
Market FitA natural opportunity for trade
Diversity is the basis for trading
The Philippines boasts an eclectic mix of energy generation technologies. The core economics of wind, hydro, coal, natural gas, solar, geothermal and biomass are each unique, with different logistical challenges, exogenous price risks, and seasonal or intraday load shape.
Companies with different price risk provide the basis and the urgency for trade. A hydro generator needs to buy energy during dry season. A coal generator needs price protection if midday prices drop due to the onset of rooftop solar.
Use GTM to find a counterparty that has the opposite business risk than you do, and secure a win-win contract that reduces operating risk for both parties.
Read the GTM Rulebook
The GTM Community
National Artist Carlos V. Francisco | Panel 4, Progress of Medicine in the Philippines (1953)
The efficient operation of the supply chain for electricity is in the hands of a small number of companies, on which the national economy relies for its access to abundant and affordable energy.
It is incumbent on us, as good citizens and members of the energy industry, to promote modernization, efficiency and constant improvement in our business practices, for the benefit of the nation.
Contact us
Green Tiger Markets agents are available now to discuss your trading strategy.