By Sheldeen Joy Talavera, Reporter
THE ENERGY Regulatory Commission (ERC) has temporarily halted the trading in the country’s electricity spot market to curb the impact of rising prices, which is seen hitting P9 per kilowatt-hour (kWh) amid the ongoing energy crisis.
In a statement on Thursday, the ERC ordered the suspension of the operations of the Wholesale Electricity Spot Market (WESM) across Luzon, Visayas, and Mindanao grids starting on Thursday (March 26).
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