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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BIR pushes easier tax compliance to support industrial growth

Economy 0
The Bureau of Internal Revenue (BIR) is accelerating digitalization and audit reforms to cut the cost of tax compliance, improve investor confidence and support the Philippines’ industrial expansion.

British chamber warns pork import curbs could fuel food inflation

Agriculture 0
The British Chamber of Commerce of the Philippines (BCCP) has opposed a proposed pork import holiday and higher tariffs, warning that restricting supplies ahead of Christmas could intensify food inflation while African swine fever (ASF) continues to constrain domestic production.

Michelin Guide 2027 expands Philippine dining’s global footprint

Lifestyle 0
The MICHELIN Guide 2027 recognized 127 restaurants across Metro Manila, Cavite, Pampanga and Cebu, expanding its footprint across the country and signaling that Philippine dining is becoming harder for the world’s food scouts to ignore.

Cement makers pin recovery on infrastructure spending

Construction 0
Philippine cement makers are banking on a pickup in government infrastructure spending to stabilize demand at about 34 million tons this year, as the industry grapples with excess capacity, high energy costs, and a weaker peso.

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