| Sat, 31 Oct 2026
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ERC Outlines Vision for Regulatory Resilience and Accountability at the WCO Summit 2026
Setting a firm tone for sector-wide reform, Energy Regulatory Commission (ERC) Chairperson and CEO Atty. Francis Saturnino C. Juan delivered the keynote address at the Wholesale Electricity Spot Market Compliance Officers (WCO) Summit, held under this year’s core theme: “Compliance and Continuity, Building Resilience Amid Energy Uncertainty.”
Addressing industry leaders, WCOs, and key stakeholders at The Fifth at Rockwell, Chairperson Juan emphasized that navigating an era of real energy flux requires grounding regulatory frameworks firmly in transparency, accountability, and proactive compliance.
"Our theme is compliance and continuity. It's very timely," said Chairperson Juan. "That’s why this morning, allow me to share what the ERC has been doing and where we are headed... Let me open with three words that guide our work: compliance, transparency, and accountability."
Highlighting the complex challenges of managing a tri-priced energy market dependent on imported fuel and balancing interconnected grids, Chairperson Juan stressed that true regulatory reform relies on preparing for market risks before they materialize. He pointed to significant steps taken by the agency, including the rollout of the 2026 Philippine Grid Code, enhanced power plant reliability standards, and streamlined processing times under the Energy Virtual One-Stop Shop (EVOSS) to foster long-term market predictability.
"We cannot remove every uncertainty, but we can prepare—through reliable infrastructure, responsive regulatory frameworks, effective market mechanisms, and a strong culture of compliance," Chairperson Juan added. "To our compliance officers, do not only look backward... ask what is coming, spot the risk early, prepare before the problem arrives."
2026 Compliance Awards Winners
To cap off a day of insightful discussions on resilience and continuity, the summit concluded with the official announcement and recognition of the winners of the 2026 Compliance Awards, honoring organizations and industry leaders who demonstrated exemplary dedication to regulatory standards and operational excellence:
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Metering Services Provider (MSP) |
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Performer Type |
Rank |
Company |
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Top Wholesale MSP |
1st Place |
Misamis Oriental I Rural Electric Service Cooperative, Inc. |
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2nd Place |
Clark Electric Distribution Corporation |
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3rd Place |
Cagayan Electric Power and Light Company, Inc. |
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Top Retail MSP |
1st Place (Tied) |
Batangas I Electric Cooperative, Inc. |
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Cagayan I Electric Cooperative, Inc. |
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Pampanga I Electric Cooperative, Inc. |
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2nd Place (Tied) |
Mactan Electric Company |
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Dagupan Electric Corporation |
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3rd Place |
Visayan Electric Company |
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Generation Facility Performers by Resource Type |
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Resource Type |
Rank |
Company / Facility |
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Must-Dispatch Generating Units |
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Run-of-River |
1st Place |
Oriental Energy & Power Generation Corp. (Timbaban Hydro Power Plant) |
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2nd Place |
Hedcor Bukidnon, Inc. (Manolo Fortich Hydroelectric Power Plant) |
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3rd Place |
Hedcor Sabangan, Inc. (Sabangan Hydroelectric Power Plant) |
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Wind |
1st Place |
Guimaras Wind Corporation (San Lorenzo Wind Power Plant) |
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2nd Place |
North Luzon Renewable Energy Corporation (Caparispisan Wind Power Plant) |
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3rd Place |
North Wind Power Development Corporation (Bangui Bay Wind Power Plant) |
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Solar |
1st Place |
Jobin-SQM Inc. (Sta. Rita Solar Power Plant) |
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2nd Place |
San Carlos Solar Energy Inc. (San Carlos Solar Power Plant) |
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3rd Place |
Negros Island Solar Power Inc. (Islasol III Solar Power Plant) |
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Scheduled and Priority Dispatch Generators |
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Biomass |
1st Place |
Montalban Methane Power Corporation (MMPC Biomass Power Plant) |
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2nd Place |
Lamsan Power Corporation (Lamsan Biomass Power Plant) |
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3rd Place |
Grassgold Renewable Energy Corporation (Grass Gold Biomass Power Plant) |
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Coal |
1st Place |
Sarangani Energy Corporation (SEC Coal-Fired Power Plant) |
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2nd Place |
Mariveles Power Generation Corporation (Mariveles Coal-Fired Thermal Power Plant) |
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3rd Place |
Minergy Power Corporation (Balingasag Coal Fired Thermal Power Plant) |
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Geothermal |
1st Place |
Maibarara Geothermal, Inc. (Maibarara Geothermal Power Plant 1 & 2) |
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2nd Place |
Bac-Man Geothermal, Inc. (Bacman Geothermal Power Plant) |
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3rd Place |
Green Core Geothermal, Inc. (Palinpinon I Geothermal Power Plant) |
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Hydro |
1st Place |
Power Sector Assets and Liabilities Management Corporation (Agus V Hydroelectric Power Plant) |
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2nd Place |
SN Aboitiz Power – Benguet, Inc. (Binga Hydroelectric Power Plant) |
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3rd Place |
Power Sector Assets and Liabilities Management Corporation (Agus VII Hydroelectric Power Plant) |
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Natural Gas |
1st Place |
First Gas Power Corporation (San Lorenzo Combined-Cycle Gas Turbine Power Plant) |
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2nd Place |
First Gas Power Corporation (Sta. Rita Natural Gas Power Plant) |
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3rd Place |
South Premiere Power Corporation (Ilijan Natural Gas Combined-Cycle Power Plant) |
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Oil-Based |
1st Place |
Bulacan Thermal Inc. (PPGC Diesel Power Plant) |
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2nd Place |
1590 Energy Corporation (Bauang Diesel Power Plant) |
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3rd Place |
Isabel Ancillary Services Co. Ltd. (Isabel Modular Diesel Power Plant) |
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Non-Scheduled Generation |
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1st Place |
SN Aboitiz Power – Magat, Inc. (Maris Canal Hydroelectric Power Plant) |
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2nd Place |
BEHMC Lower Labayat Hydropower Corp. (Lower Labayat Hydroelectric Power Plant) |
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3rd Place |
Isabela La Suerte Rice Mill Corporation (Isabela La Suerte Biomass Power Plant |
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Congratulations to the 2026 Annual Compliance Awardees—the trailblazers of integrity, reliability, and excellence in the Wholesale Electricity Spot Market (WESM)!
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