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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ACEN gives up solar, wind contracts; names new key executives in strategic shift

Energy & Mining 0
ACEN Corp., the renewable energy firm led by the Ayala group, has voluntarily handed back a set of early-stage wind and solar service contracts in the Philippines, as it moves from rapid expansion toward sharper execution and more efficient capital use. The company also unveiled key executive appointments that will take effect next year, alongside its latest financial results showing strong earnings growth.

UP Law Class of 1976 celebrates golden jubilee with anti-dynasty win

Corporate Bulletins 0
The University of the Philippines College of Law Class of 1976 will mark its golden jubilee on Friday with an unusual anniversary gift: a Supreme Court victory in its decades-long fight against political dynasties.

Ayala Corp. nine-month core profit slips 6% as emerging units gain ground

Corporate 0
Ayala Corp. reported a 6 percent decline in core net income for the first nine months of the year, as softer earnings in its traditional property and banking businesses were tempered by steady telecommunications profits, stronger energy contributions, and rapid revenue growth across its emerging healthcare and electric vehicle ventures.

Investment approvals rise 39% to ₱1.4T in Jan-Oct

Economy 0
Approved investments of the Philippines’ three largest investment promotion agencies rose 39 percent to P1.4 trillion in January to October 2026, with the Board of Investments accounting for nearly two-thirds of the increase.

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