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Rigoberto Tiglao
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  • Post author:Rigoberto Tiglao
  • Post published:January 5, 2014
  • Reading time:8 mins read

USAID study: Electricity ‘spot’ market a farce

(First of two parts) The so-called Wholesale Electricity Spot Market (WESM)—from which Meralco bought 9.5 percent of its power at an unbelievable P33/kwh price in November, resulting in a 20…

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