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.
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.
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.
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...
Maharlika Investment Corp. deployed nearly P19 billion in the first nine months of 2026, but the country’s sovereign wealth fund says the shortage of investment-ready projects, rather than capital, remains the bigger obstacle to expanding its portfolio.
Environment Secretary Juan Miguel T. Cuna called Monday in Turkiye for urgent, constructive reforms to the world’s financial systems, saying bold climate action means nothing if developing nations cannot access the trillions of dollars they need to adapt and grow resilient.
Philippine workers who frequently end their workday exhausted account for an estimated 49.5 lost working days annually, underscoring the economic cost of declining employee wellbeing, according to the latest TELUS Mental Health Index.