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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Philippines becomes worlds largest panel buyer:</image:title>
      <image:caption>The Philippines imported over $400mm worth of solar panels.  Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8946681c-9526-487e-8993-36a9ee57d015/Screenshot+2026-07-13+at+12.49.20%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - The Philippines’ mid-merit gas auction: Right policy.</image:title>
      <image:caption>The critical decision is not whether to bid, but what to build. Read more here</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/36a7ad73-7250-4400-9c52-dccc312f9196/Screenshot+2026-05-08+at+4.26.35%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Philippines prepares for post-Malampaya era:</image:title>
      <image:caption>The Philippines is accelerating efforts to secure its energy future See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/e3779cf1-c4de-4301-b584-15634ad9d427/Screenshot+2026-07-13+at+12.55.51%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - PHP 10.07-B geothermal derisking facility gets gov’t green light:</image:title>
      <image:caption>The Philippine government has approved a PHP 10.07-billion financing facility aimed at reducing exploration risks for geothermal projects See more details here</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - ERC eyes prior review of CSP:</image:title>
      <image:caption>The ERC is proposing a new framework requiring prior review of Terms of Reference Read more here</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Tighter supply, generation costs push up electricity prices and Meralco bills:</image:title>
      <image:caption>Electricity prices rose in June as tighter regional supply conditions pushed up wholesale market prices Read more here</image:caption>
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      <image:title>Insights - Green Tiger Markets: June Electricity Market Review - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $130/ton and looking for direction.  See the commentary here</image:caption>
    </image:image>
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    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-2sbk2-zk4p3-t64es-83kxh-23t4a-a6j2j</loc>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386621-3MOCUFK8X7UKVHE9HIO4/Screenshot+2025-11-12+at+9.21.58%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Always be Hedging:</image:title>
      <image:caption>Please see our latest piece in Power Philippines. TL,DR; Hedging would have subdued this energy shock.  Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/67d5ec23-ca4e-44cc-9f4a-d52814220a42/Screenshot+2026-05-08+at+4.24.13%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Lawmakers push review of power charges:</image:title>
      <image:caption>Philippine lawmakers are calling for a review of electricity pricing mechanisms as rising global fuel costs and a weaker peso continue to drive up power bills. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/36a7ad73-7250-4400-9c52-dccc312f9196/Screenshot+2026-05-08+at+4.26.35%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Malampaya Phase 4 advances subsea works  toward first gas:</image:title>
      <image:caption>The project is progressing with subsea installation and pipelaying works offshore Palawan See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/fec37f62-c597-4531-b782-9c96ae73f457/Screenshot+2026-05-08+at+4.29.52%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Oil shock drives Asia-wide fuel subsidies; PH among top responders—ADB:</image:title>
      <image:caption>Governments across Asia and the Pacific have rolled out subsidies, tax cuts, and other measures to cushion the impact of surging fuel prices See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/47904fb8-33b5-4b9b-8764-ddbece855959/Screenshot+2026-05-08+at+4.31.52%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - SMPC Q1 income drops 12%:</image:title>
      <image:caption>The company said its performance was affected mainly by weaker output from its power plants, even as its coal operations showed mixed results. Read more here</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - ACEN extends PHP 850M loan for Palauig battery project:</image:title>
      <image:caption>The planned project involves a 35-megawatt (MW) / 140-megawatt-hour (MWh) battery system Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/3b2da1bb-e44e-494e-9ead-939013bae42e/Screenshot+2026-04-13+at+4.19.33%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - ERC lifts WESM suspension:</image:title>
      <image:caption>ERC has ordered the resumption of operations of the  WESM Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8c9eb2b3-0fd4-490d-96b9-2802984f44a7/Screenshot+2026-04-13+at+4.20.46%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - First Gen targets Q4 2026 finish for Aya hydro storage facility:</image:title>
      <image:caption>First Gen Corporation is on track to complete its 120-megawatt Aya pumped-storage project in Nueva Ecija Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386698-AECKL2KO39F8BQ5JQIFE/Screenshot+2025-11-12+at+9.50.54%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: April Electricity Market Review - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $135/ton and looking to head higher. See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-2sbk2-zk4p3-t64es-83kxh-23t4a</loc>
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    <lastmod>2026-04-13</lastmod>
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      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/a53350ff-5dc4-444f-9677-1116cf2b1579/Screenshot+2026-04-13+at+3.19.20%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/a0e33664-2e91-4cb1-b08a-de40490e569f/Screenshot+2026-04-13+at+3.20.31%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/a152ed98-46eb-40b5-a3d0-afdd98271681/Screenshot+2026-04-13+at+3.21.39%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/947f425f-3bb1-4aac-9577-5267d2d3501e/Screenshot+2026-04-13+at+3.22.53%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/837c8bba-3a6c-46e7-a754-63bbc18313cf/Screenshot+2026-04-13+at+3.25.39%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386621-3MOCUFK8X7UKVHE9HIO4/Screenshot+2025-11-12+at+9.21.58%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Always be Hedging:</image:title>
      <image:caption>Please see our latest piece in Power Philippines. TL,DR; Hedging would have subdued this energy shock.  Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/11991058-d670-4ca1-9b1b-078d6638db53/Screenshot+2026-04-13+at+4.10.03%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Asia‑Pacific's Energy Flows And Gaps In 10 Charts:</image:title>
      <image:caption>Asia-Pacific's exposure to the energy crisis is uneven, driven by import dependence, fuel mix, and limited diversification. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/fb23d729-643d-46bb-9000-550316dd8aff/Screenshot+2026-04-13+at+4.13.27%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - The Iran War’s Energy Aftershocks in the Philippines:</image:title>
      <image:caption>In an emerging market like the Philippines, where most people live with little economic cushion, a sharp increase in energy prices can have serious effects.  See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/7bc00893-d284-4c4c-b67c-d5019762b557/Screenshot+2026-04-13+at+4.15.50%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - PH boosts diesel buffer with 52M liters Malaysia shipment:</image:title>
      <image:caption>The Department of Energy (DOE) said a second government-secured diesel shipment has arrived in the Philippines, adding 52.311 million liters to domestic supply buffers as authorities move to shield the market from ongoing geopolitical volatility. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/f16f6f69-ad60-4f06-a3d2-79eb28e64c8e/Screenshot+2026-03-13+at+10.45.50%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Maharlika recalibrates toward fuel storage, grid, energy security assets amidst oil shocks:</image:title>
      <image:caption>Consing said recent developments exposed gaps in the Philippines’ preparedness for supply shocks, prompting a reassessment of priorities within the sovereign wealth fund. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/6efb949f-725c-47eb-b35d-b3252f3ec1b3/Screenshot+2026-04-13+at+4.18.16%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - ASEAN energy crisis drives coal return—but solar seen cheaper:</image:title>
      <image:caption>Zero Carbon Analytics (ZCA) indicates the shift may raise costs and weaken long-term energy security compared with renewables. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/3b2da1bb-e44e-494e-9ead-939013bae42e/Screenshot+2026-04-13+at+4.19.33%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - ERC imposes PHP 6,000/MWh fixed coal price under modified WESM pricing:</image:title>
      <image:caption>ERC has implemented a modified administered pricing framework for the Wholesale Electricity Spot Market Read more here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8c9eb2b3-0fd4-490d-96b9-2802984f44a7/Screenshot+2026-04-13+at+4.20.46%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - First Gen targets Q4 2026 finish for Aya hydro storage facility:</image:title>
      <image:caption>First Gen Corporation is on track to complete its 120-megawatt Aya pumped-storage project in Nueva Ecija Read more here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386698-AECKL2KO39F8BQ5JQIFE/Screenshot+2025-11-12+at+9.50.54%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: March Electricity Market Review - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $135/ton and looking to head higher. See the commentary here</image:caption>
    </image:image>
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  <url>
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      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/f97cf481-f783-47fb-aecc-b4b2f759245e/Screenshot+2026-03-13+at+10.38.12%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Make it stand out</image:title>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386621-3MOCUFK8X7UKVHE9HIO4/Screenshot+2025-11-12+at+9.21.58%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - How the Iran conflict is hitting global prices:</image:title>
      <image:caption>Please see our latest piece on the conflict's impact on energy prices.  TLDR, expect baseload to finish between 2024 and 2025 prices. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/47cc44ab-fe1c-4e70-af8d-b9c1fc3a8ed5/Screenshot+2026-03-13+at+10.40.32%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - ERC holds staff training on financial hedging tools:</image:title>
      <image:caption>The ERC conducted a specialized training session for its personnel, lead by Green Tiger Markets, aiming to equip staff with knowledge to address electricity price volatility and protect consumers from sudden bill increases.  Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/309fa81b-24a7-4b5c-bd51-4ed4babbc4a3/Screenshot+2026-03-13+at+10.41.46%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - MGEN says its fuel supply is sufficient despite Middle East tensions:</image:title>
      <image:caption>MGEN assured that it currently has adequate fuel supply for all of its existing generation facilities.  See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/819ab9c1-ee08-48db-b2d6-361f74344db2/Screenshot+2026-03-13+at+10.44.43%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Prime Infra secures PHP 273 billion financing for 2-GW pumped storage projects:</image:title>
      <image:caption>The funding deal will finance two pumped storage projects in Laguna and Rizal that are expected to strengthen grid stability and support the country’s advancing renewable energy transition. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/f16f6f69-ad60-4f06-a3d2-79eb28e64c8e/Screenshot+2026-03-13+at+10.45.50%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Marcos certifies fuel excise tax suspension bill as urgent:</image:title>
      <image:caption>Authority to temporarily suspend or reduce excise taxes on petroleum products amid rising global oil prices Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1273e75f-d363-4a25-8729-c3537cdf3ab6/Screenshot+2026-03-13+at+10.47.15%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Semirara profit falls 33% in 2025 amidst declining coal and electricity prices:</image:title>
      <image:caption>The average electricity selling price declined 8% to PHP 4.38 per kWh, from PHP 4.75 per kWh, reflecting increased sales into WESM. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/5f251480-7881-4391-acb8-47f24ed4b1ec/Screenshot+2026-03-13+at+10.48.38%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - ACEN profits plunge 60% in 2025 amid market headwinds:</image:title>
      <image:caption>Net income tumbled 60% to PHP 3.8 billion in 2025, weighed down by offline wind assets in Northern Luzon, weaker solar irradiance, and softer spot market prices. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8ff93e8d-d6cb-422e-bdfe-87b2f36d2d2a/Screenshot+2026-03-13+at+10.50.05%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Aboitiz Power Corp.’s reported net income fell 43% to PHP 19.5 billion in 2025:</image:title>
      <image:caption>Despite the drop in reported profit, AboitizPower’s operating performance improved in 2025, with EBITDA rising 9% in 2025 vs 2024. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386698-AECKL2KO39F8BQ5JQIFE/Screenshot+2025-11-12+at+9.50.54%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: February Electricity Market Review - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $130/ton and looking to head higher. See the commentary here</image:caption>
    </image:image>
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  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-2sbk2-zk4p3-t64es-69ast-gbcmg-b5xpj</loc>
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    <lastmod>2026-03-12</lastmod>
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    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-2sbk2-zk4p3-t64es-69ast</loc>
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    <priority>0.5</priority>
    <lastmod>2026-03-12</lastmod>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1770720695160-2INCO1KLTQOFLBG5I1VS/Picture10.png</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - Facebook · Energy Regulatory Commission:</image:title>
      <image:caption>ERC Eyes Reforms To Protect Consumers From Electricity Bill Spikes Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/04abd476-d2e0-4ca1-a83e-1be226d7205e/Philstar.webp</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - Forward power contracting eyed to avoid bill shock:</image:title>
      <image:caption>Forward power contracting is under review as a way to manage electricity price volatility. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/108603d7-14f8-4bfe-baae-5df1cac7d506/BW-Icon.png</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - Forward contracts under study to minimize volatility in electricity bills:</image:title>
      <image:caption>The ERC is studying electricity forward contracts as a way to manage price volatility and protect consumers from bill shock.  See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/acbe0082-47c0-4cdc-98e7-933eea523a3b/manila-standard.jpg</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - ERC to study forward contracting framework to shield power consumers from ‘bill shock’, market volatility:</image:title>
      <image:caption>The ERC is exploring forward electricity contracting to improve price stability and shield consumers from bill shock. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/53389aa9-fa59-416a-8287-5b84ba0142fc/images.jpeg</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - ERC chief says power sector hedging needs thorough study:</image:title>
      <image:caption>Electricity hedging, including forward contracts, is under ERC review as regulators weigh risks, legality, and consumer impact. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/0d79e0c5-a97a-4da8-8f93-dd17dbcc7bc0/MB.jpeg</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - ERC weighs futures market to curb power price volatility:</image:title>
      <image:caption>Forward and futures contracting are being reviewed by the ERC as tools to stabilize prices and support long-term power investment. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/802b14a1-1247-4d0d-a83a-f6f03d06c6d2/BM.png</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - ERC reviews forward, futures contracting for electricity:</image:title>
      <image:caption>Forward and futures contracting are under ERC review as potential tools to manage power price volatility. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/dd6da5ba-6342-4368-9cbe-2859207555c7/ChatGPT+Image+Feb+10%2C+2026+at+10_17_23+AM.png</image:loc>
      <image:title>Insights - Preventing Bill Shock: A Sector-Wide Conversation January 26, 2025 - Financial Hedging Emerges as Key Tool to Manage WESM Price Volatility and Protect Consumers:</image:title>
      <image:caption>Forward contracts and financial hedging could help utilities manage price risk and deliver more predictable electricity costs. Read more here</image:caption>
    </image:image>
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  <url>
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    <lastmod>2026-03-12</lastmod>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/971295c3-f1e8-418a-bdd1-a3ee74d6a113/Screenshot+2026-02-10+at+1.04.20%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Why the Philippines needs forward electricity markets:</image:title>
      <image:caption>Without a way to manage price risk in an increasingly volatile power market, many renewable projects may never reach financial close. Listen to the podcast here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/ee0ae9f6-fabf-4c81-80cc-a868c94cc8de/Screenshot+2026-02-10+at+11.54.43%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - DOE seeks PHP 24 billion from Solar Philippines:</image:title>
      <image:caption>Penalties cover performance bonds, contractual obligations, and other required payments,  that developers are required to settle when projects fail to move forward as committed.  Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/965a1885-764b-44bd-80d2-9a205121b427/Screenshot+2026-02-10+at+11.56.12%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - EDC eyes PHP 100 billion upgrade to expand Tongonan geothermal complex:</image:title>
      <image:caption>PHP 100 billion to expand and upgrade its Tongonan Geothermal Project in Leyte  See more details here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8b87d8d3-439d-4443-adfc-f6bee458ceb9/Screenshot+2026-02-10+at+11.58.12%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - BDO to provide PHP 50bn to finance gas assets:</image:title>
      <image:caption>The financing package that supported Prime Infra’s acquisition of First Gen Corporation’s gas assets. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/cbc612ff-c4eb-4f60-8f84-cb18d881eaf7/Screenshot+2026-02-10+at+11.59.04%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Power suppliers offer over 700 MW for Meralco’s 200-MW baseload requirement:</image:title>
      <image:caption>Meralco said a total of 15 generation companies expressed intent to participate in its Competitive Selection Process (CSP). Read more here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/a7bda0c3-bed8-44f5-abd0-7095d432a820/Screenshot+2026-02-10+at+11.54.43%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - DOE frees up 18 GW of stalled RE projects:</image:title>
      <image:caption>(DOE) has terminated or accepted the surrender of 17,904 MW worth of RE projects in 2024 and 2025, as part of a government-wide effort to remove delayed and non-performing developments from the pipeline. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8e245893-aa05-45e5-9262-74762563e6e9/Screenshot+2026-02-10+at+12.01.15%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Vivant Energy bags 15-year deal to supply Siquijor with 11 MW:</image:title>
      <image:caption>Siquijor’s power constraints have drawn national attention. The province was placed under a state of calamity in June 2025 after outages stretched to as long as 20 hours a day. Read more here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/809fe9d4-103d-4561-a28b-a8796d1ff191/Screenshot+2026-02-10+at+12.02.18%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - ERC defends GEA-All approval amid consumer cost concerns:</image:title>
      <image:caption>The GEA-All allows the recovery of costs needed to support renewable energy developers that win government-run green energy auctions. Read more here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386698-AECKL2KO39F8BQ5JQIFE/Screenshot+2025-11-12+at+9.50.54%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets: 2025 Electricity Market Review - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $105/ton and looking to head lower. See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-2sbk2-zk4p3</loc>
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    <lastmod>2026-03-12</lastmod>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Banishing bill shock:</image:title>
      <image:caption>Read the latest in Power Philippines "Energy Trailblazers" section. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/c71e3033-babf-4d2d-bccc-6275579150b6/Screenshot+2026-02-10+at+12.38.39%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - SMPC 9M profit falls 37%:</image:title>
      <image:caption>Power sales grew 12% to 4,186 GWh, but the average electricity selling price dipped 10% to PHP4.46 per kWh. SMPC said 40% of its 860-megawatt dependable capacity was under contract as of September 2025, with the rest sold on the spot market. See more details here</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/cf21622c-497e-460a-a177-8a168c8e139a/Screenshot+2026-02-10+at+12.40.07%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - ACEN’s Net Income Drops 78%:</image:title>
      <image:caption>Weaker solar output and lower electricity prices offset gains from newly commissioned renewable assets. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/efdb0333-4ad8-4aee-ae2f-d592fbb2252b/Screenshot+2026-02-10+at+12.41.24%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - BSP-Foreign direct investments drop 40%:</image:title>
      <image:caption>This was the lowest inflow in two months or since the $376 million in June. It was also 61 percent lower than the one-year high of $1.27. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/a6516b2c-d52b-440d-8e12-a47a76a620ef/Screenshot+2026-02-10+at+11.54.43%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - DOE reviewing idle RE contracts:</image:title>
      <image:caption>Energy Secretary Sharon Garin said the agency is “purging” service contracts that were awarded but have yet to progress from pre-development to development stages. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/8a492f88-700f-47a1-8c25-5812dbc3a2af/Screenshot+2026-02-10+at+12.43.05%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - EDC’s recurring income fell 36% to USD 38 million (PHP 2.2 billion):</image:title>
      <image:caption>Reflecting lower operating income due to reduced market prices and higher interest expenses tied to drilling and expansion projects. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/5f9b5610-e06a-4568-8e0c-c5857fe133e7/Screenshot+2026-02-10+at+12.02.18%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - ERC expands consumer access to retail power market with new 100-kW threshold:</image:title>
      <image:caption>Lowering of the contestability threshold for electricity consumers from 500 kilowatts (kW) to 100 kW of average monthly peak demand. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/9ee4d926-084e-4197-8791-a3d46b922d99/Screenshot+2026-02-10+at+12.45.14%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - AboitizPower Q3 profit jumps 32% to PHP 10.6B:</image:title>
      <image:caption>Higher sales volumes—32,138 GWh, up 19%—offset lower market prices. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386698-AECKL2KO39F8BQ5JQIFE/Screenshot+2025-11-12+at+9.50.54%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity November Update - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are around $110/ton and looking to head lower. See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-57j6y-5sf2y</loc>
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      <image:title>Insights - Green Tiger Markets PH Electricity October Update - Make it stand out</image:title>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386430-3URXZ3868BR39F0BMLSU/Screenshot+2025-10-15+at+9.25.05%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386439-L3EBQYLF0Z41BMRYGP6T/Screenshot+2025-10-15+at+9.25.58%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386448-RBEYOE92NFAM4YZYGU32/Screenshot+2025-10-15+at+9.27.20%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - Meralco rates up in October:</image:title>
      <image:caption>Despite much lower YoY spot prices, retail rates continue to move higher Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386456-NEVG8K76S0UHPUU328C1/Screenshot+2025-10-15+at+9.29.28%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - ACEN injects PHP 1.9B into NAREDCO solar operations:</image:title>
      <image:caption>Once completed, the Cagayan North Solar Power Plant will have a total capacity of 133.464 MWp (DC)   See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386466-86ME89V9JXJ45M72UVK0/Screenshot+2025-10-15+at+9.30.57%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - DOE proposes policy letting power firms build transmission lines:</image:title>
      <image:caption>To help speed up the completion and delivery of power projects across the country Read more here</image:caption>
    </image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity October Update - ERC moves to finalize rules for energy storage integration:</image:title>
      <image:caption>The rules will set standards for ownership models, interconnection protocols, safety, and integration into the Philippine Grid Code (PGC), Distribution Code (PDC), and Wholesale Electricity Spot Market (WESM). Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386485-D1B53LYJBVE6WC45A1OC/Screenshot+2025-10-15+at+9.34.10%E2%80%AFAM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - ERC approves PHP 14.25-B grid link for MTerra Solar Project:</image:title>
      <image:caption>The PHP 200-billion MTerra Solar Project will deliver up to 850 MW of baseload solar power once operational Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386498-ACS981ONA7XSIYOOMVJ3/Screenshot+2025-09-10+at+10.18.52%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - DOE unveils key energy updates:</image:title>
      <image:caption>They covered indigenous gas exploration, waste-to-energy auctions, electric vehicle policy, and grid resiliency efforts Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386514-9JJOKSBZUE8J4X3GVDHL/Screenshot+2025-09-10+at+10.22.47%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity October Update - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are selling off to $105/ton and testing lower See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-8kgdy-px86h</loc>
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    <lastmod>2026-03-12</lastmod>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386271-R8BVJYF1FFDCGE1JZWEF/Screenshot+2025-09-10+at+10.01.26%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386279-HJEGN2GFH76BPZRNS1XW/Screenshot+2025-09-10+at+10.03.59%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - MGEN 1,200 MW Atimonan plat to reduce costs ::</image:title>
      <image:caption>Once completed, Atimonan will account for approximately 7% of Luzon’s total electricity demand Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386288-EBFID1HVU6FJHYOZ0B0E/Screenshot+2025-09-10+at+10.06.38%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - JNEC Lands Big Philippines:</image:title>
      <image:caption>JNEC will deliver power to support production of plastic components used in camera lenses, printers, laptops, and other electronics   See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386298-PXKIN1BFOVXDSTMMGNX3/Screenshot+2025-09-10+at+10.08.57%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Midday power in the Philippines is getting cheaper—and fast:</image:title>
      <image:caption>A clear trend is emerging in the Philippines: solar power is beginning to warp the midday market. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386307-0X3ZB4CQUXOAZZALEDQ4/Screenshot+2025-09-10+at+10.10.41%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Pumped-storage and hydro power:</image:title>
      <image:caption>Aboitiz and others secure BCK hydropower facility from PSALM Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386317-1IWU1ZDJMJ9SLGA98QMM/Screenshot+2025-09-10+at+10.12.42%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Meralco bills likely to drop in September:</image:title>
      <image:caption>Meralco customers are poised to see lower electricity rates in September Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386326-C5BVX834L8D1DLKEYBBT/Screenshot+2025-09-10+at+10.18.52%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - DOE pushes local gas with new oversight committee:</image:title>
      <image:caption>Under the rules, power plants must use local natural gas first, resorting to imported liquefied natural gas (LNG) only when domestic supply is insufficient Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386335-NHSTKSSKVSEJ1BVJX3UL/Screenshot+2025-09-10+at+10.22.47%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity September Update - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are selling off to $105/ton and testing lower See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-b6xtw-lpyxa</loc>
    <changefreq>monthly</changefreq>
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    <lastmod>2026-03-12</lastmod>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Make it stand out</image:title>
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      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386101-3OBJCFURU96EB88HLD2O/Picture5.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386119-Z7C9I94O7TU3RQPHWHT4/Picture6.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386131-IAESLUJTUK3DPOXGXPFC/Screenshot+2025-08-13+at+9.25.27%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Semirara reports 41% decline in Q2:</image:title>
      <image:caption>59% of electricity was sold on the spot market Read more detail about the earnings report here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386142-HCBB3XPERIDU5GE1OB9O/Screenshot+2025-08-13+at+9.52.02%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - ACEN H1 2025 Net Income Falls to PHP763M:</image:title>
      <image:caption>Stripping out one-time items, net income fell by 24 percent, as the company faced lower spot market prices and increased depreciation costs.   See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386151-T7UR7E85CCO49H4NLND6/Screenshot+2025-08-13+at+9.53.43%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - First Gen holds H1 2025 earnings at USD 151M</image:title>
      <image:caption>EDC posted lower recurring net income in the first two quarters due to reduced spot market prices. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386160-Y00N58CH9TMKSZGJK5FY/Screenshot+2025-08-13+at+10.09.27%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Ilijan Power Plant Under Scrutiny as ERC Probes SPPC for Market Abuse:</image:title>
      <image:caption>(SPPC) to explain its disconnection of the 1,200-megawatt Ilijan Power Plant from the grid in June 2022. The disconnection coincided with WESM rising by more than 30%. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386168-B335R378E8IBFNOE1TKS/Screenshot+2025-08-13+at+10.26.29%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Coal price outlook:</image:title>
      <image:caption>Newcastle coal futures are hovering just above $115/ton and stabilizing See the commentary here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783386176-9245AMPI0P7KGW2TSXZL/Screenshot+2025-08-13+at+10.32.24%E2%80%AFPM.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity August Update - Why Philippine Electricity Prices Remain Low in 2025:</image:title>
      <image:caption>The trend reflects structural shifts in supply, demand, and the evolving economics of power generation. See the commentary here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-rsar3-wxsd5</loc>
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    <lastmod>2026-03-12</lastmod>
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      <image:title>Insights - Green Tiger Markets PH Electricity July Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385896-9QA2ZPOZ41HI18S2FCTY/Aboitiz+Power.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - Aboitiz power to build 30Mw battery in Cebu:</image:title>
      <image:caption>BESS within the Mactan Economic Zone Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385912-EVYN9TE630GDYWLOQAGT/Coal+%281%29.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - Coal Price Outlook</image:title>
      <image:caption>Newcastle coal features are hovering just above $110/ton and stabilizing See the commentary here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385928-OK5KMRPLKRNWPP5E13M2/ERC.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - Chair Monalisa Dimalanta has tendered her resignation:</image:title>
      <image:caption>Chair Mona’s term was set to expire in 2029   See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385945-YBVFW5F8IP9FJJUR38KQ/LNG.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - LNG imports set to rise by over 500%:</image:title>
      <image:caption>Study suggests that renewables could be a cheaper source of power than imported natural gas. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385963-1DB8R2DTO63XGPE0JQXL/doe-logo-2023-1050x591.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - Newly appointed (DOE) Secretary Sharon S. Garin to maintain previous strategy:</image:title>
      <image:caption>She emphasizes policy continuity. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385982-GJAZ0YNSXUWH16XP3WDV/psalm.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity July Update - AboitizPower/Sumitomo to take over CBK Hydro facility in 2026:</image:title>
      <image:caption>The privatization of the CBK dam appears to be going through after a successful 36bn peso bid. Read more here</image:caption>
    </image:image>
  </url>
  <url>
    <loc>https://www.greentigermarkets.com/insights/green-tiger-markets-ph-electricity-may-update-p7kla-ph5f9</loc>
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    <lastmod>2026-03-12</lastmod>
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    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
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      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385389-Z26L6P3NIZEFCT7DYP5G/Picture3.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385398-VHFW8GWL445PQHXFMH37/Picture4.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385407-527OT51IQ8554K9IN4EV/Picture5.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385425-NEFAJB6TLXTJ7AWT23WM/GTM.jpg.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - When the Sun Comes Out: How Renewables Are Reshaping Intraday Energy Prices in the Philippines:</image:title>
      <image:caption>The flood of renewables is putting downward pressure on prices. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385436-OKM2T83F2RPPJCVY62F6/Coal+%281%29.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Coal Price Outlook</image:title>
      <image:caption>Newcastle coal futures are hovering just above $105/ton after bouncing 10% on weaker supply volumes out of Australia. See the commentary here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385449-SL4B475R0JM743RDGFI8/Mgen.jpg.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - MGen eyes more LNG sources as gas plants near completion:</image:title>
      <image:caption>Manny Rubio, CEO, specified that MGen is expecting the 2,500-MW gas capacity to be available. See more details here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385458-JHWD9ZKZAA8BWFQOJ6SU/prime.jpg.png</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - Prime Infra secures 2GW of pumped storage in GEA 3:</image:title>
      <image:caption>DOE recognized Prime Infra’s 600MW Wawa and 1,400MW Pakil pumped storage projects, both targeted for commercial operations by 2030. Read more here</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385470-DZESD2N1DT0A9SMDSP6A/doe-logo-2023-1050x591.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity June Update - DOE hails PhilATOM ratification as milestone for nuclear energy:</image:title>
      <image:caption>DOE has lauded the ratification of the Philippine National Nuclear Energy Safety Act Read more here</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity June Update - JNEC signs La Rose Noire:</image:title>
      <image:caption>JNEC RES announced it has signed an agreement with La Rose Noire, a global supplier of luxury baked goods, to supply electricity Read more here</image:caption>
    </image:image>
  </url>
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      <image:title>Insights - When the Sun Comes Out: How Renewables Are Reshaping Intraday Energy Prices in the Philippines - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
  </url>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385263-HK64JH7VAL7YPA34XQ3W/Ratio+of+8+hour+blocks+to+Baseload-2.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
      <image:loc>https://images.squarespace-cdn.com/content/v1/695e3bcbc785ea6fd845dd6f/1767783385272-33CAXGYSTMYF6GZRX7OO/Luzon+and+Visayas+baseload+by+year-May-05-2025-08-23-07-4885-PM.jpeg</image:loc>
      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Pricing the future without delivering it</image:title>
      <image:caption>A cash-settled forward market brings transparency and stability to the Philippines’ electricity sector—if regulators voice their support Read more here</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Coal Price Outlook</image:title>
      <image:caption>Newcastle coal futures are hovering just below $100/ton after bouncing 5% on weaker supply volumes out of Australia. See the commentary here</image:caption>
    </image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - IEMOP Optimistic for Stable WESM Prices in 2025</image:title>
      <image:caption>IEMOP has expressed optimism that the downward trend in Wholesale Electricity Spot Market (WESM) prices will continue throughout 2025, supported by ample supply and upcoming renewable energy projects.  See more details here</image:caption>
    </image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Prime Energy’s Vision for Malampaya: Filipino Grit Powers Progress</image:title>
      <image:caption>With CEO Donnabel Kuizon-Cruz at the helm, Prime Energy is not just sustaining a vital resource—it’s building a legacy of innovation, responsibility, and national pride. Read more here</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - DOE approves Meralco's 3000Mw procurement plan</image:title>
      <image:caption>Meralco's power supply procurement plan (PSPP) involves nearly 3,000 megawatts for delivery from 2026 to 2032. Read more here</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity May Update - Meralco Signals Potential Rate Cut for May 2025 as Power Supply Stabilizes</image:title>
      <image:caption>Meralco has announced a potential decrease in electricity rates for May 2025, driven by lower generation and transmission charges. This development follows a period of elevated rates due to tight power supply conditions in March. Read more here</image:caption>
    </image:image>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
    </image:image>
    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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    <image:image>
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      <image:title>Insights - Green Tiger Markets PH Electricity Update - Make it stand out</image:title>
      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:caption>Whatever it is, the way you tell your story online can make all the difference.</image:caption>
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      <image:caption>(Retrieved from GlobalPetrolPrices.com. Data includes all items like distribution charges, energy costs, environmental and fuel costs, and taxes)</image:caption>
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      <image:caption>(Retrieved from greentigermarkets.com/market-data)</image:caption>
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