Tag: Energy Regulatory Commission

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Surplus triggers negative WESM prices on holidays, signaling supply-demand imbalance

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) reported a rare occurrence of negative average electricity prices at the Wholesale Electricity Spot Market (WESM) during major holidays, highlighting a significant gap between supply and demand that has broad economic and commercial implications.

DOE presses Meralco on full compliance with power supply deal

Energy & Mining Context.ph Context.ph -
The Department of Energy (DOE) is urging Manila Electric Co. (Meralco) to strictly comply with all provisions of its power supply agreements (PSAs), particularly the 1,200-megawatt deal with Excellent Energy Resources Inc. (EERI), amid delays in the latter’s plant commissioning and fuel supply readiness.

SMC tops AEV installed power under new ERC capacity limits

Energy & Mining Context.ph Context.ph -
The Energy Regulatory Commission (ERC) has formally set the 2025 national and regional power capacity limits, reaffirming its regulatory oversight of the Electric Power Industry Reform Act (EPIRA) of 2001.

ERC declares COA national agency champion for net metering

Energy & Mining Context.ph Context.ph -
More participants are seen joining the so-called net-metering program as the Energy Regulatory Commission (ERC) recognized the Commission on Audit (COA) a national agency...

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Kris Aquino brings star power to Shopee’s 11.11 shopping spectacle

Lifestyle 0
Shopee is adding a familiar dose of star power to its 11.11 shopping campaign, tapping Kris Aquino to headline a two-day livestream showcase packed with celebrity appearances, product launches, and shopping deals ahead of Christmas.

Sharp P16.80 per liter drop on gasoline prices starting Tuesday 

Energy & Mining 0
Gasoline prices will fall by a steep P16.80 per liter this week, with diesel going down by P4.10 per liter and kerosene by P3.70 per liter — the biggest reduction seen in recent weeks — as fuel companies implement the rollbacks starting Tuesday morning, the Department of Energy (DOE) confirmed on Monday.

Wilcon Depot net income dips 6% over nine months amid weather and inflation pressures

Corporate 0
Wilcon Depot Inc. reported a 6 percent decline in net income for the first nine months of 2026, falling to P1.63 billion from P1.75 billion in the same period last year, as challenging weather conditions and macroeconomic headwinds slowed its third-quarter earnings momentum.

DA lifts poultry import ban on Germany

Agriculture 0
The Department of Agriculture has lifted its temporary ban on poultry imports from Germany, effective November 4, after confirming the country is free from highly pathogenic avian influenza. The World Organization for Animal Health has also recognized Germany as disease-free, with DA assessing import-related risk as negligible. Resuming trade will ease local supply constraints, though all biosecurity and quarantine rules remain in effect.

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