The Energy Regulatory Commission (ERC) has ordered a temporary suspension of the Wholesale Electricity Spot Market (WESM) across Luzon, Visayas, and Mindanao to address risks of power supply shortages and price volatility stemming from the ongoing conflict in the Middle East. The move follows President Ferdinand Marcos Jr.’s issuance of Executive Order 110 declaring a state of national energy emergency …
Read More »
The Market Monitor Minding the Nation's Business