AboitizPower to supply 12 companies under RCOA

Twelve companies in Central Luzon have chosen AboitizPower for operational support under the retail competition and open access scheme (RCOA).

Under the RCOA, end-users who are part of the contestable market can choose their supplier of electricity. Aboitiz subsidiary AdventEnergy will provide the companies with renewable energy.

These are Amertron, EZSET Tonglung Metals, Hitachi Terminals Mechatronics, HLD Steel Pipes, Juken Sangyo Corp., Kodec Precision, Multi-tek, Nicera Philippines, Nidec Subic Philippines, Sanyo Denki, and Yokohama.

AboitizPower subsidiary Aboitiz Energy Solutions, Inc. (AESI) also got on board Philippine Resins Industries Inc. as a customer in January.

“We are greatly honored to be chosen as partners of these successful companies. We are committed to delivering great power and contribute more to the success of our new partners,” AboitizPower executive vice president and generation business group COO Manny Rubio said.

AdventEnergy and AESI, both licensed Retail Electricity Suppliers (RES) recently discussed the latest developments in the power industry as well as the new services AboitizPower can provide, including power quality analysis, vibration analysis and thermal scanning.

Aboitiz is on track to reach its target capacity of 4, 000 megawatts by 2020, able to keep up with the growing energy demand of the country’s economy.

The company and its partners currently have 3, 350 MW total net sellable capacity supplying to private distribution companies, electric cooperatives, and industries.  38 percent of the mentioned capacity is renewable energy, which makes AboitizPower one of the largest RE developers in the Philippines.

AboitizPower vice president for energy sales Roland Gaerlan said the firms are the first RCOA clients outside Metro Manila, not only for Aboitiz but for the entire energy industry.