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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Pueblo de Oro highlights regional portfolio at Pag-IBIG national housing expo

Pueblo de Oro Development Corporation (PDO), under the ICCP Group, took part in the recent National Housing Expo hosted by the Pag-IBIG Fund at the SMX Convention Center, presenting its range of residential communities across Batangas and Pampanga to thousands of prospective homebuyers.

Philippine economy slows further in Q3 as investment falters

The Philippine economy lost further momentum in the third quarter as higher consumer prices, declining agricultural output, and weak investment weighed on domestic activity, leaving services as the principal source of growth.

PHINMA education growth cushions losses in other businesses

Growth in its education business helped PHINMA Corp. offset losses in construction materials and property development, allowing the conglomerate to post net income attributable to its parent company of P306.19 million in the first nine months of 2026.

EVIS, RACE incentives face delays as Bataan courts VinFast

The government’s two major automotive manufacturing incentive programs are facing implementation delays, with the Electric Vehicle Incentive Strategy (EVIS) now expected to begin accepting applications in January 2027, while funding and regulatory requirements continue to hold back a parallel industry support scheme.

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