Aboitiz Power ramps up offer of RE capacity under RCOA phase

By Myrna M. Velasco – September 9, 2017, 10:00 PM

from Manila Bulletin

Offers of capacities from renewable energy (RE) sources would be the space that Aboitiz Power Corporation will be stepping up on in the retail competition and open access (RCOA) phase of the electricity sector.

As indicated by Luis Miguel O. Aboitiz, the company’s executive vice president, “demand for renewable energy has been growing with more and more companies seeing the value of sustainability.”

Already in their portfolio of customers via their retail electricity supplier (RES) segments are array of establishments that had chosen their electricity supply to be of “clean technology” source.

These include The Net Group, one of the pioneers in green buildings in the country based in Fort Bonifacio; Eton Properties of the Tan Group, Nestlé Philippines, Union Bank of the Philippines and Asian Development Bank.

Aboitiz said “there has been tremendous increase in the demand for RE in the last few years,” noting that the conglomerate has been beefing up presence in the sector with RES offers under its “Cleanergy” brand.

The Aboitiz Group vouches of total net sellable RE capacity of 1,263 megawatts, which would be ramped soon via the commercial commissioning of its 68MW Manolo Fortich hydropower project in Bukidnon; and 8.0MW Maris Canal hydropower venture in Isabela.

Adding to its RE capacity, as targeted by next year, would be its 8.8MW biomass power venture in Lian, Batangas. In April this year, the company also brought on commercial its 6.0MW Binary 1 Makiling-Banahaw geothermal facility following its successful rehabilitation phase.

Aboitiz said their company “will continue to invest in RE technologies that are viable to provide reliable, ample and competitively priced power to the country’s growing demand for energy.”

For the TNG Group, company president Ramon D. Rufino noted that “when we did open access, it was very challenging in the beginning.”

Nevertheless, he emphasized that having a helpful partner like Aboitiz Power helped them wade through the process of directly contracting for their electricity needs, primarily in complying with the requirements, technical procedures and even documentation processes.”