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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SMX Seaside Cebu opens with two major trade exhibitions

SM Hotels and Conventions Corp. (SMHCC) will inaugurate SMX Convention Center Seaside Cebu on November 26–28, 2026, with two major trade exhibitions that will add 21,000 square meters of leasable event space to Cebu’s growing meetings, incentives, conventions and exhibitions (MICE) industry.

First Holdings to sell Rockwell Land stake to Crème Investment

First Philippine Holdings Corp. (FPH) is selling its entire 90.74-percent stake in Rockwell Land Corp. to Crème Investment Corp., an investment vehicle of Eugenio “Gabby” Lopez III, for P15.92 billion, freeing up capital for the group's investments in energy, infrastructure, and other businesses.

Filipinos chase cooler escapes, concert trips for year-end

Japan remains the top overseas destination for Filipino travelers heading into the year-end holidays, but northern Vietnam is gaining traction among those looking to trade tropical heat for cooler weather, according to booking data from travel experiences platform Klook.

ABS‑CBN Corp. posts ₱2.95‑billion nine-month net loss as cable broadband revenues drop 

ABS‑CBN Corp. has reported a wider net loss of ₱2.95 billion for the first nine months of 2026, compared with the ₱2.24‑billion net loss recorded in the same period in 2025, hit by falling cable‑and‑broadband income as well as weaker advertising demand.

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