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AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower is the Philippines’ leading provider of renewable energy, advancing business and communities towards A Better Future.
AboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
AboitizPower upholds the highest ethical standards, safeguarding the integrity of our initiatives and developments as a business enterprise and a partner for environmental protection.
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Home Newsroom Hedcor GroupHedcor hydros comply with Energy Open Access requirements
September 05, 2022
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.
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As one of the Philippines’ largest power producers, we help fill the nation’s growing energy needs by providing secure and affordable access to sustainable power across the country.
Learn more about our businessesAboitizPower champions sustainability initiatives and ventures that help make the world a better place not only for people living today but for generations to come.
View our sustainability initiativesView our shareholder relations and investment reports and find out how we prioritize addressing the triple bottom line of people, planet, and profit.
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