Tag: Energy Regulatory Commission

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

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

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

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

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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Grab, MOVE IT expand healthcare support for gig workers

Grab Philippines and MOVE IT are expanding healthcare support for gig workers through a partnership with Maxicare, giving eligible driver-, rider-, and delivery-partners access to free, unlimited medical consultations starting November 2026.

CIC remits first P169.6M dividend after 18 years

The Credit Information Corp. (CIC) has remitted P169.64 million in dividends to the National Government, marking the state-run credit information agency’s first payout since its establishment in 2008.

Kadiwa Expo opens new market doors for farmers, fisherfolk 

The Department of Agriculture (DA) is leveraging the ongoing 3rd Kadiwa ng Pangulo Expo to unlock broader market opportunities for local farmers and fisherfolk.

Gas auction pre-qualifiers count 10 companies, 14 projects

The Department of Energy (DOE) announced that 10 companies and 14 projects have passed pre-qualification for the country’s first mid-merit natural gas capacity auction, clearing the way for actual bidding soon.

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