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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Manila to host 54th ASEAN Banking Council meeting, AI governance top regional agenda 

Banking & Insurance 0
Philippine banking leaders will welcome counterparts from across Southeast Asia for the 54th ASEAN Banking Council Meeting scheduled November 12‑14, 2026 in Makati City, with discussions centered on balancing artificial intelligence‑powered banking innovation with security and trust for the regional financial sector.

iProov launches human‑approval tool to secure high‑risk AI agent moves

Communications & Technology 0
Biometric security firm iProov has rolled out a new human approval service to give businesses verifiable oversight of high‑risk actions taken by autonomous AI agents, addressing a key industry demand for stronger safeguards as organisations expand AI use.

Tanduay steps up European expansion launching 20‑year reserve at Bar Convent Berlin

Top News 0
Local spirits leader Tanduay has brought its centuries‑old rum‑making heritage and craftsmanship to Europe’s biggest beverage trade show, unveiling its new premium offering as it pushes to grow its footprint across the region.

Transcom expands footprint with seventh site in Quezon City

Corporate 0
Transcom Worldwide (Philippines) Inc. has launched its seventh local site, opening a new business‑process outsourcing center in Quezon City to further grow its Metro Manila operations.

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