The various fuel retailers are implementing mixed price adjustments this week, highlighting evolving global market dynamics. Gasoline prices are up by ₱0.60 per liter, while diesel and kerosene see respective rollbacks of ₱0.80 and ₱0.90 per liter.
The Energy Regulatory Commission (ERC) has raised the installed generating capacity (IGC) and corresponding market share limitations (MSL) for both national and regional grids, reflecting recent additions to the country's power supply mix.
Fuel prices in the Philippines are set for another set of adjustments starting Tuesday, with gasoline costs expected to rise while diesel and kerosene see price cuts, impacting business operations and household budgets.
The Energy Regulatory Commission (ERC) is proposing key internal policy adjustments aimed at accelerating the resolution of approximately 5,000 pending cases, some dating back to the agency’s founding in 2001.
San Miguel Global Power (SMGP) emphasized the regulatory primacy of the Philippine Electricity Market Corp. (PEMC) after its market surveillance committee (MSC) and board cleared the Ilijan Gas Power Plant of any violation over its June 2022 outage — directly challenging a recent show cause order issued by the Energy Regulatory Commission (ERC).