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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San Miguel earns USDA recognition for $370 million in imports

San Miguel Corp. (SMC) has received recognition from the US Department of Agriculture (USDA) for importing nearly USD370 million worth of American agricultural products in 2026, highlighting the Philippines’ importance as a market for US farm exports.

Pag-IBIG socialized housing loans triple as lower rates boost homeownership

Pag-IBIG Fund nearly tripled its financing for socialized housing in the first nine months of 2026, as subsidized interest rates under the government’s Expanded 4PH Program helped expand access to homeownership for low-income Filipino families.

DENR, Czech Institutions, and PEF partner for endemic wildlife protection 

The Department of Environment and Natural Resources has joined forces with the Philippine Eagle Foundation and several Czech institutions to expand bilateral cooperation on biodiversity conservation.

Palengke prices: Ay naku, not again

Woke up this morning hoping for a reset, with my circadian rhythm hopefully back on track after weeks of near-sleeplessness, due in part to bodily changes occasioned by advancing age and to the ayuda economy, which has gone from bad to worse to overdrive. I cannot believe what has recently been printed in both legacy news outlets and portals like the one where I currently work, or the level of absurdity that has pervaded the country. When I ask any reasonable person what ails the Philippines, with its rich resources and poor economic performance, the retort and the discussion that follow quickly turn absurd. The survey firms Pulse Asia and OCTA have a four-word answer: the cost of living. Two-thirds of the country say the most urgent issue is inflation, and that “public sentiment . . . is being shaped primarily by economic strain and the rising cost of living.”

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