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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Isuzu launches D-MAX LS 4×2 AT at P1.549M

Isuzu Philippines Corp. (IPC) has expanded its pickup truck lineup with the launch of the D-MAX LS 4x2 AT, offering the new variant at an introductory price of P1.549 million until December 31, 2026.

LLDA backs Prime Infra’s 1,400-MW Pakil storage project

The Laguna Lake Development Authority (LLDA) has expressed support for Prime Infra’s 1,400-megawatt Pakil Pumped Storage Hydroelectric Power Project in Laguna, as the developer advances a facility designed to strengthen grid reliability and support renewable energy integration.

Top developers drive next wave of PEZA office supply—Colliers

Major property developers are poised to expand Metro Manila’s Philippine Economic Zone Authority (PEZA)-accredited office supply, with about 280,000 square meters of potential additions projected for 2026–2027, according to property consultancy Colliers.

Weak LGU spending holds back regional growth, jobs—World Bank

Philippine local governments are failing to translate a substantial share of their capital budgets into infrastructure, limiting the transport links and business activity needed to generate jobs and spread economic growth beyond major urban centers, according to a new World Bank report.

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