The Energy Regulatory Commission (ERC) said it was keeping a close eye on generation companies’ unplanned outages and the recent spikes in the Wholesale Electricity Spot Market (WESM) prices, amid the ongoing rotational brownouts implemented by the National Grid Corporation of the Philippines (NGCP) in the Luzon grid.
“We have been monitoring the activities of the generation companies, especially those that underwent unplanned outages, that caused the thinning of power supply in the Luzon Grid. This was aggravated by the increased demand for electricity due to warmer temperatures. As a consequence, there has been sustained high prices in the WESM,” Agnes Devanadera, chair and CEO of E…
Keep on reading: ERC looks into outages, high power prices