Operasyon ng wholesale electricity spot market, sinuspinde ng ERC
Operasyon ng wholesale electricity spot market, sinuspinde ng ERC
Category
🗞
NewsTranscript
00:00 While the Energy Regulatory Commission suspended the operation of the Wholesale Electricity Spot Market
00:07 under the declaration of the Red Alert of the Systems Operator of the National Grid Corporation of the Philippines.
00:14 President Ferdinand R. Marcos Jr. announced this on the 122nd Labor Day Commemoration in Malacanang earlier.
00:23 According to President Marcos,
00:25 it aims to stop the rising price of electricity amid the calamity of the El Niño Flood.
00:31 The WESEM is being done or was done under Section 30 of Republic Act No. 9136
00:38 or the Electric Power Industry Reform Act of 2001.
00:43 Yesterday, the Energy Regulatory Commission or ERC
00:50 temporarily suspended the operation of the Wholesale Electricity Spot Market or WESEM
00:58 under the declaration of the Red Alert of the Systems Operator of the National Grid Corporation of the Philippines.
01:04 It aims to stop the rising price of electricity amid the calamity of the El Niño Flood.
01:13 [MUSIC]