The government often responds to rising power prices by proposing to suspend the Wholesale Electricity Spot Market (WESM), hoping this will address the issue. But suspending WESM does not tackle the core problem and serves more as a symbolic gesture than a practical energy policy.

Last year, the Energy Regulatory Commission (ERC) announced it would lower the threshold for contestable customers to 100 kW from 500 kW —a move seen as significant for SMEs, though some oppose it.

Interconnecting islands for electricity may seem desirable for enhancing energy efficiency and reliability, but it may be paradoxically utterly wrong today.