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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DA turns over ₱65.6-M rice processing facility in Nueva Ecija

Agriculture 0
The Department of Agriculture has handed over a ₱65.6-million rice processing facility to the Talabutab Norte Primary Multipurpose Cooperative in General Mamerto Natividad, Nueva Ecija, under the RCEF Mechanization Program.

LGU partners with Foundever for free CX skills training to boost local employment

Corporate 0
Quezon City job seekers now have easier access to industry-relevant skills training, after the city’s Public Employment Service Office (PESO) signed an agreement with global customer experience leader Foundever®. The deal launches the Quezon City Competency Enhancement and Retooling Program, aimed at bridging the gap between community skills and actual workplace needs.

US rules out Pax Silica announcement at ASEAN summit

Top News 0
The US has ruled out announcing the proposed Pax Silica Economic Security Zone during or after this month’s ASEAN Leaders’ Summit in Manila, leaving the initiative’s timeline uncertain as Washington and Manila continue discussions on its scope and potential impact.

APECO signs Alberta pact, pursues Canadian energy investments

Trade & Investments 0
The Aurora Pacific Economic Zone and Freeport Authority (APECO) has signed a cooperation agreement with the Alberta Council and is preparing a separate memorandum of understanding with a Canadian power generation company, as it seeks to convert investor interest into actual projects in Casiguran, Aurora.

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