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ERC temporarily halts WESM operations to curb power rates

ERC temporarily halts WESM operations to curb power rates
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ERC suspending WESM during grid red alert | Lenie Lectura and Samuel P Medenilla

THE Energy Regulatory Commission (ERC) has moved to protect consumers from the spike in power rates by suspending the operations of the Wholesale Electricity Spot Market (WESM) in Luzon and Visayas whenever the red alert notice is issued by the system operator. President Ferdinand R. Marcos Jr. promptly hailed the…

Psalm pays P213M Casecnan taxes | The Manila Times

BAYOMBONG, Nueva Vizcaya: The state-run Power Sector Assets and Liabilities Management Corp. (Psalm), which took over the operations and management of the Casecnan Multipurpose Irrigation and Power Project (CMIPP), has paid over P213.45 million in taxes to the provincial government here.

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