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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ERC lays out five-year roadmap to fully open electricity retail market

The Energy Regulatory Commission (ERC) has unveiled a draft five-year roadmap that will gradually expand retail electricity choice, bringing more competition and supplier options to more power users across the country.

VinFast launches online car-buying platform in Metro Manila

VinFast Philippines has launched an online-to-offline (O2O) vehicle-buying platform in Metro Manila, allowing customers to handle much of the purchase process digitally while retaining access to physical dealerships, test drives and vehicle delivery services.

SM Prime acquires west coast beachfront properties in Puerto Princesa for major integrated development

Manila-based conglomerate SM Prime Holdings Inc. has secured key beachfront parcels along Puerto Princesa’s west coast, marking a significant expansion into Palawan’s premier real estate and tourism market, according to city Mayor Lucilo Bayron.

DTI, Mastercard team up to boost MSME digitalization 

The Department of Trade and Industry (DTI) has partnered with Mastercard to help Filipino micro, small and medium enterprises (MSMEs) strengthen their digital capabilities, as smaller businesses face growing pressure to adapt to online commerce and electronic payments.

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