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    Aboitiz Power: Hedcor hydros comply with Energy Open Access requirements


    September 6, 2022 - Contify Energy News

     

      The Department of Energy (DOE) has recognized AboitizPower subsidiary Hedcor as a compliant participant of Retail Competition and Open Access (RCOA) scheme, which ensures the company can continue providing customers with clean and reliable energy. This recognition covers 18 Hedcor facilities across the country, including FLS, Labay, Lon-oy, Ampohaw, Bineng 3, Irisan 3, and Sal-angan hydros in Luzon, as well as the Manolo Fortich, Talomo, Sibulan, and Tudaya hydros in Mindanao. “Hedcor has been generating power from renewable energy sources for more than 40 years. We are determined to provide the country with a reliable, sustainable, and reasonably-priced supply of renewable energy,” Hedcor Vice President for Operations and Maintenance Leo Lungay said.

      Key Highlight:

      * RCOA is a government mechanism established by the Electric Power Industry Reform Act of 2001 (EPIRA) that allows energy consumers with an average monthly consumption of 1 MW to look for their own retail electricity suppliers (RES) and can customize their supply contracts according to dispatch, technology, or power plant.

      Original Press Release:

      Sept. 5 -- Aboitiz Power Corporation issued the following news release:

      The Department of Energy (DOE) has recognized AboitizPower subsidiary Hedcor as a compliant participant of Retail Competition and Open Access (RCOA) scheme, which ensures the company can continue providing customers with clean and reliable energy.

      This recognition covers 18 Hedcor facilities across the country, including FLS, Labay, Lon-oy, Ampohaw, Bineng 3, Irisan 3, and Sal-angan hydros in Luzon, as well as the Manolo Fortich, Talomo, Sibulan, and Tudaya hydros in Mindanao.

      “Hedcor has been generating power from renewable energy sources for more than 40 years. We are determined to provide the country with a reliable, sustainable, and reasonably-priced supply of renewable energy,” Hedcor Vice President for Operations and Maintenance Leo Lungay said.

      RCOA is a government mechanism established by the Electric Power Industry Reform Act of 2001 (EPIRA) that allows energy consumers with an average monthly consumption of 1 MW to look for their own retail electricity suppliers (RES) and can customize their supply contracts according to dispatch, technology, or power plant. Customers can access clean electricity produced by Hedcor since they have qualified for the RCOA scheme.

      “We are in the business of producing clean, zero-emissions electricity through run-of-river hydroelectric facilities that harvest the energy from flowing rivers. Hence, we are upscaling our operations and processes to ensure dependable power for our customers, and in support of DOE's Open Access,” Lungay added.

      Widely recognized as a leader in sustainable development and conservation efforts, Hedcor believes that sustainability is also about building an environment that supports human growth, development, and well-being.

      Source: Aboitiz Power Corporation

      [Category: Energy, Hydro Power, Business Expansion, ESG]

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