ERC suspends WESM operation on red alerts

The ERC cited data from WESM indicating that average prices per day amid the high heat index went up by 11 and 53 percent in Luzon and the Visayas, respectively.MANILA, Philippines — The Energy Regulatory Commission has suspended the Wholesale Electricity Spot Market due to a series of red alerts in the Luzon and Visayas grids since April 16.

Dimalanta urged power distribution utilities to be “proactive in exploring ways” to lessen its exposure to the spot market. The National Grid Corp. of the Philippines yesterday announced that the Luzon grid is on yellow alert as the available capacity is only at 15,026 megawatts amid peak demand of 12,899 MW.

The Luzon and Visayas grids have been placed on red alert for around 20 hours as of April 25. The duration of the alert was significantly longer than in previous years. No Philippine university made it to the top 100 of the Times Higher Education's 2024 Asia University Rankings, with the latest...

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Marcos orders suspension of WESM during red alertPresident Ferdinand ''Bongbong'' Marcos Jr. has directed the Energy Regulatory Commission to suspend the operation of the Wholesale Electricity Spot Market when a red alert has been declared.
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WESM to suspend operations during red alerts as power rates soar amid heatThe Energy Regulatory Commission says average electricity prices have increased alongside spikes in heat index levels
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