Visayas, Mindanao WESM rates soar amid thin power supply

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MANILA, Philippines – The average spot market power price could hit P9 per kilowatt hour (kWh) if the supply constraints in the Visayas grid persist and the impact of the strong Mindanao earthquake worsens. For May, the Visayas and Mindanao already posted a steep rise in Wholesale Electricity Spot Market (WESM) rates. READ: Visayas in
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