The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol. ERC handed the order
The Energy Regulatory Commission (ERC) has ordered the Philippine Electricity Market Corporation (PEMC) to resume the Wholesale Electricity Spot Market’s (WESM) operation in Bohol.
“The ERC has been closely monitoring the situation in Bohol, and the recent resynchronization is a welcome development. In view of this, we are now lifting the market suspension in Bohol to ensure sustainable power supply and help in the province’s economic recovery after the devastation caused by Typhoon Odette,” ERC Chairperson Agnes Devanadera said in a statement.
“The lifting of market suspension due to the completion of the [Tugas-Ubay] Line will enable the exportation of power to Bohol and will mean a more stable power for the electricity consumers in the area,” Devanadera added.
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