FB MINEX FB MINEX FB MINEX Twitter Minex ISSUU Minex Press Reader Minex YouTube Minex
Showing posts with label Electricity Price Hike. Show all posts
Showing posts with label Electricity Price Hike. Show all posts

Thursday, May 2, 2024

Marcos: ERC suspends spot market to tame electricity price hike

PRESIDENT FERDINAND R. Marcos Jr. said Wednesday the Energy Regulatory Commission (ERC) would temporarily suspend the Wholesale Electricity Spot Market (WESM) operation during a red alert notice in the country’s power grids to tame the rising prices of electricity.