A guide to the Philippines’ Wholesale Electricity Spot Market (WESM)

(from http://balitangsanrafael.files.wordpress.com)

(from http://balitangsanrafael.files.wordpress.com)

(This has been submitted by a concerned citizen about the WESM.) 

Cheaper electricity is the benefit that was supposed to result from the establishment of the Philippines’ Wholesale Electricity Spot Market (WESM).

Launched in June 2006, the WESM provided a platform that allowed the sale and purchase of electricity supplies everyday for every given hour.

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