SN Aboitiz Power (SNAP) Group’s Ambuklao, Binga, and Magat hydroelectric power plants topped the compliance performance ratings of Philippine Electricity Market Corporation (PEMC) for cool-dry season covering the period of December 26, 2019 to February 25, 2020.
The ratings were released on April 30, 2020 by PEMC on its website. With the maximum seasonal rating only 80%, Ambuklao’s score of 78.92% is notably high. Among twelve participating hydroelectric power plants, Ambuklao and Binga placed first and second, respectively, with Magat not behind at fourth place.
The compliance recognition and awards are conferred by PEMC to Wholesale Electricity Spot Market (WESM) participants, particularly generators, that go above and beyond in complying with their obligations and abiding by PEMC’s rules and manuals. The compliance criteria include being able to offer maximum available capacity, submit standing projected outputs, and comply with real-time schedule and dispatch instructions, among others. The work involves coordination among SNAP’s Legal, Trading, and plant operations teams.
SNAP president and chief executive officer Joseph S. Yu said fostering a culture of compliance goes beyond knowledge of WESM rules and policies. “It also involves improving our internal systems and processes and engaging our stakeholders. A culture of compliance helps build trust and confidence in the way we do our business,” he added.
SNAP Group is a joint venture between SN Power of Norway and AboitizPower. It supplies clean, renewable, and dependable energy through the operation of the 105-megawatt (MW) Ambuklao hydro, and the 140-MW Binga hydro in the province of Benguet. SNAP also operates the 8.5-megawatt Maris hydro in Isabela, as well as the newly uprated 360- to 388-MW Magat hydro on the border of Isabela and Ifugao. #
PHOTO CAPTION: A culture of compliance and continual improvement on their processes helped the hydros achieve the high ratings, SNAP officials shared.