Consumers may soon see fairer or more reasonable power rates as the Energy Regulatory Commission (ERC) begins the long-awaited rate reset process for Manila Electric Co. (Meralco) and other private distribution utilities. In a statement, the ERC said it has approved the new Rationalized Rules for...
The Department of Agriculture (DA) has stood firm on its decision not to import sugar for the current milling season in a bid to stabilize sugar prices that have been weighed down by market uncertainty. In a statement on Wednesday, Oct. 15, the DA reiterated the government policy earlier issued by...
With back-to-back earthquakes shaking the country in the past 10 days, who in their right mind would now gamble their backyards and communities on hosting nuclear power facilities? This is the ironic cherry on top: the President just signed a nuclear safety regulation law that breezed through the...
The Energy Regulatory Commission (ERC) has approved the connection of Lihangin Wind Energy Corp.’s (LWEC) San Isidro Wind Power Project to the Visayas grid, which would mark the entry of its wind capacity into the system. LWEC, a joint venture of Aboitiz Renewables Inc., Vivant Energy Corp., and...
The Philippines is implementing a temporary ban on molasses importation to protect the local industry from a surge in imports and the sharp decline in millsite prices, according to the Sugar Regulatory Administration (SRA). Under Molasses Order (MO) No. 1, the SRA said it is suspending imports of...
The country’s sugar production is projected to fall by eight percent in the current crop year, as the government adopts a more conservative estimate due to threats from pests and weather conditions that could damage sugarcane. The Sugar Regulatory Administration (SRA) expects raw sugar output in...
Lopez-led First Gen Corp. (FGen) is continuing negotiations to extend its power supply agreement (PSA) with Manila Electric Co. (Meralco) following the Energy Regulatory Commission’s (ERC) decision to allow continued supply from the Sta. Rita gas-fired power plant. Francis Giles Puno, FGen...
The Energy Regulatory Commission (ERC) is exploring reforms to the public offering requirement (POR) to ease compliance for generation companies (GenCos) while ensuring safeguards remain in place for electricity consumers. During an open commission meeting last week, ERC Chairperson Francis...
Melbourne, Australia—The World Bank Group is helping the Energy Regulatory Commission (ERC) tighten cost controls, primarily for indexation, on firming up a financial model that will make offshore wind projects commercially viable ahead of the 5th green energy auction (GEA-5) that will be...
The Energy Regulatory Commission (ERC) vowed to fast-track decisions on pending capital expenditure (CAPEX) projects from the National Grid Corporation of the Philippines (NGCP), following a request from the Department of Energy (DOE). On the sidelines of the 2025 Economic Journalists Association...
Filinvest Group is advancing the government’s power aggregation program by shifting 11 of its facilities to renewable energy, a move that was recognized by the Energy Regulatory Commission (ERC). The shift was undertaken by Filinvest’s licensed retail electricity supplier, FDC Retail...
The Energy Regulatory Commission (ERC) has revised its rules for the net-metering program, making it easier for consumers to adopt renewable energy (RE) and utilize smart technologies. Net metering is a program that allows consumers, typically those with solar panels, to generate their own power....
