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...
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: TheManilaTimes - 🏆 2. / 92 Read more »
Source: gmanews - 🏆 11. / 68 Read more »
Source: rapplerdotcom - 🏆 4. / 86 Read more »