Tag: visayas
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ERC to suspend WESM trading when Luzon and Visayas are under red alert
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THE ENERGY Regulatory Commission (ERC) on Tuesday ordered the suspension of trading in the Wholesale Electricity Spot Market (WESM) during red alerts to prevent a spike in electricity prices. “Due to the extreme heat, electricity consumption has risen, adding to the price hike. (On Tuesday) the ERC acted to temporarily…
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Visayas under red alert; yellow raised over Luzon
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THE VISAYAS GRID was again placed on red and yellow alerts on Wednesday, while the Luzon grid was put under yellow alert, with more than 30 power plants still either on forced outage or operating at limited capacity, according to the National Grid Corp. of the Philippines (NGCP).