THE Energy Regulatory Commission (ERC) ordered the suspension on the Wholesale Electricity Spot Market (WESM) for the Luzon Region, due to insufficient generation capacity in the grid.

The declaration of suspension came after the National Grid Corporation of the Philippines (NGCP), the country’s System Operator (SO), placed the Luzon grid under Red Alert due to insufficient power supply. 

A Red Alert status is declared when the generation capacity is not enough to meet consumer demand and the regulating requirement of the transmission grid.

The suspension is in accordance with the ERC Order entitled “In the Matter of Declaration of Market Suspension During Red Alerts During the Summer Months of 2024”, issued on 30 April 2024, citing a breach of Article II Section 1.A of ERC Resolution No. 12, Series of 2018 entitled “A Resolution Adopting Amendments to the Rules in the Event of Market Suspension or Declaration of Temporary Market Failure and the Subsequent Market Resumption of the Operation of the Wholesale Electricity Spot Market (WESM)”, due to generation deficiency.