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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Alsons Power accelerates renewables as Mindanao supply tightens

Energy & Mining 0
Alsons Power Group is accelerating its renewable energy expansion as Mindanao confronts a narrowing electricity supply buffer, with projections pointing to the potential exhaustion of excess generation capacity by 2028 amid sustained demand growth.

PAGCOR plans P20B casino sale amid overhaul

Corporate 0
The Philippine Amusement and Gaming Corp. plans to sell all 35 casinos it owns or operates under its license, seeking to raise at least P20 billion while shedding a loss-making business that could cost it P7 billion this year as it separates its commercial operations from its regulatory functions.

De Ocampo earns first-ever Michigan Ross Global Alumni Achievement Award

Banking & Insurance 0
Dr. Roberto F. de Ocampo, OBE, former Philippine Secretary of Finance and current Veterans Bank Chairman Emeritus, will be presented with the first-ever Global Alumni Achievement Award from the University of Michigan Ross School of Business on Friday, October 16, 2026.

OFW ranks fall in 2025 as women still dominate workforce

Economy 0
The number of Filipinos working abroad fell by 138,000 to 2.05 million in April to September 2025, with women still making up nearly six in 10 of the country’s overseas workforce, the Philippine Statistics Authority said.

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