Institute for Climate and Sustainable Cities ANALYSIS The Institute for Climate and Sustainable Cities (ICSC) is calling for a more diversified, decentralized, and flexible power system, as the twin issues of persistent grid alerts and high Wholesale Electricity Spot Market (WESM) prices—fueled by forced outages across major coal plants—highlight the risks of overdependence on centralized baseload power plants as seen in the recurring yellow and red alerts experienced in Visayas. Coal accounts for around 60% of the Philippines' electricity generation. In Visayas, these coal power plants had notable shutdowns in recent months:  Therma Visayas Inc. Unit 1 (TVI [...]