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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DEFA, Canada FTA open markets for Philippine businesses

Trade & Investments 0
The Philippines expects two major trade initiatives, the ASEAN Digital Economy Framework Agreement (DEFA) and a free trade agreement with Canada, to expand export opportunities and help smaller enterprises participate more actively in international commerce.

Philippines courts Brazilian investments in food, energy

Agriculture 0
The Philippines is seeking Brazilian investments in food processing, ethanol and clean energy, as government and business leaders pursue partnerships to boost domestic production, create jobs and strengthen food and energy security.

Prime Infra banks on Malampaya, pumped storage to secure energy supply

Energy & Mining 0
Prime Infrastructure Capital Inc. is banking on expanded Malampaya gas production and large-scale pumped storage hydropower projects to strengthen Philippine energy security, reduce exposure to volatile fuel prices and accommodate a growing share of renewable power.

ASEAN signs digital pact targeting $2T economy by 2030

Communications & Technology 0
ASEAN trade ministers have signed a landmark Digital Economy Framework Agreement (DEFA), establishing common rules for online commerce, digital payments and cross-border data flows in a bid to double Southeast Asia’s digital economy to USD2 trillion by 2030.

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