WESM MINDANAO. President Ferdinand R. Marcos Jr. leads the ceremonial launching of the Wholesale Electricity Spot Market (WESM) in Mindanao at Malacanan Palace on Monday (Feb. 6, 2023). The WESM would help significantly cut power rates in Mindanao. (Photos courtesy of Mindanao Development Authority) MANILA - President Ferdinand R. Marcos Jr. on Monday welcomed the launch of the Wholesale Electricity Spot Market (WESM) in Mindanao, saying it would help significantly lower power prices in the region. During the ceremonial launching of the WESM in the Mindanao Grid in Malacanang on Monday, Marcos...