The Energy Regulatory Commission (ERC) announced that average generation rates charged by distribution utilities (DUs) decreased in May amid stable prices in the electricity spot market. Preliminary data from the ERC showed that the monthly average generation rate for the National Capital Region...
The Energy Regulatory Commission (ERC) has unveiled the Green Energy Auction Reserve (GEAR) prices, setting ceiling prices for bidders in the fourth round of the Green Energy Auction (GEA-4) following recent enhancements to the program. In a resolution released by the ERC, the final GEAR prices...
The Department of Energy (DOE) said that it is withholding the issuance of a Certificate of Conformity (COC) to the Manila Electric Company (Meralco) until it receives aligned findings from both the Philippine Competition Commission (PCC) and the Energy Regulatory Commission (ERC). Energy Assistant...
The 'hotness ' of the Philippines for renewable energy investments may be losing its sizzle. Some foreign investors are now quietly slipping out the back door, leaving behind whispers of uncertainty, a trail of unanswered questions about what went wrong, and a half-empty plate of missed...
The Energy Regulatory Commission (ERC) has ordered 22 generation companies (GenCos) to justify the reason behind their derating power plants so far this year. According to the ERC on Thursday, June 5, these GenCos must submit within seven days from the receipt of the letters to explain why their...
Lopez-led First Gen Corporation, via its subsidiary First Gas Power Corporation, is seeking approval from the Energy Regulatory Commission (ERC) for the extension of its power purchase agreement (PPA) with the Manila Electric Company (Meralco) covering its 1,000-megawatt Santa Rita gas-fired plant,...
Energy Secretary Raphael Lotilla’s exit may be drawing cheers from the camp he’s headed to, but back in the energy sector, the real prayer is this: bring in a new Secretary who comprehensively knows the policy playbook—and one who isn’t afraid to run it fairly and objectively across every...
Meralco PowerGen Corp. (MGen), the power generation arm of Manila Electric Co. (Meralco), aims to expand its liquefied natural gas (LNG) sourcing as its 2,500-megawatt (MW) gas facilities near full operation. In an ambush interview with MGen President and Chief Executive Officer (CEO) Emmanuel...
The Energy Regulatory Commission (ERC) said that it has yet to finalize its review of projects by the National Grid Corporation of the Philippines (NGCP). In a statement on Friday, May 23, ERC Chairperson Monalisa Dimalanta clarified that the project costs will need evaluation and approval during...
The Energy Regulatory Commission (ERC) has issued a total of 40 show-cause orders to 37 generation companies (GenCos) after they failed to submit complete fuel purchase documents. These documents are necessary to ensure fair electricity prices charged to consumers. In a statement, the ERC said that...
Consumers will experience lower electricity bills in May, brought by lower transmission and ancillary service (AS) rates, according to National Grid Corporation of the Philippines (NGCP). In a briefing on Wednesday, May 14, NGCP’s business and regulatory development head Julius Ryan Datingaling...
The Energy Regulatory Commission (ERC) reported that generation rates have significantly gone down for the first quarter of 2025 due to lower prices in the Wholesale Electricity Spot Market (WESM). In a statement, the ERC noted that generation charges, which are the cost of generated electricity...
