Electricity price controls in the power spot market will now activate at higher levels after the Energy Regulatory Commission (ERC) approved revisions to the rules governing the secondary price cap in the...
In photo: Malampaya gas field / Credit: Shell The House of Representatives has moved to investigate why the value-added tax (VAT) exemption for indigenous natural gas—a key provision of the Philippine Natural...
The Independent Electricity Market Operator of the Philippines (IEMOP) reported higher electricity prices in October 2025 as demand increased and several power plants and transmission lines went offline due to typhoons and...
Semirara Mining and Power Corporation (SMPC) posted a 37% decline in consolidated net income to PHP 9.9 billion for the first nine months of 2025. This is down from PHP 15.7 billion...
The Energy Regulatory Commission (ERC) has reaffirmed its mandate to uphold the integrity of the Competitive Selection Process (CSP) amid criticisms from consumer groups, saying that protecting competition is the most effective...
Transmission rates rose in August 2025 as higher Ancillary Services (AS) charges drove up overall costs, the National Grid Corporation of the Philippines (NGCP) announced on Tuesday. The equivalent average transmission rate...
Electricity prices in the Wholesale Electricity Spot Market (WESM) dropped by 26% in the first half of 2025 compared to the same period last year, according to the Independent Electricity Market Operator...
As the Energy Regulatory Commission (ERC) prepares for leadership transition, outgoing Chairperson Monalisa Dimalanta assured the public that the agency remains fully functional with a quorum still in place. Speaking during a...
A new study warns that the Philippines’ growing reliance on imported liquefied natural gas (LNG) could significantly raise electricity costs over the next four years—but also highlights that a pivot to renewables...
The Wholesale Electricity Spot Market (WESM) recorded a decline in average supply, demand, and market prices in the June 2025 billing period, according to the latest data released by the Independent Electricity...
