Tuguegarao City—SN Aboitiz Power (SNAP) Group’s hydroelectric power plants bagged the highest citation as hydro generators compliant during the recent Wholesale Electricity Spot Market (WESM) Compliance Officer Summit.
Ambuklao hydro topped 12 participating hydro-power generators all over the country with a compliance rating of 95.55% for the period 26 June 2019 to 25 June 2020.
Binga and Magat hydros also under SNAP placed second and fourth, respectively, with 92.60% and 83.45% compliance.
The award was acknowledged virtually by SNAP’s WESM Compliance Officer (WCO) Shara Camille Landicho.
SNAP’s WESM compliance work involves the WCO, the Trading group headed by Christian Mark Tarayao, SNAP-Benguet operations led by Edmund Limpayos, and SNAP-Magat operations headed by Edgardo Bundalian.
This is SNAP’s third citation this year from the Philippine Electricity Market Corp. (PEMC), as it also topped its compliance ratings in April for the cool-dry season covering the period 26 December 2019 to 25 February 2020 and in July for the hot-dry season covering the period 26 February to 25 May 2020.
The PEMC confers rating citations to generation companies that have an exemplary compliance record with WESM’s laws and manuals such as the must offer rule (MOR), rule on nomination of projected outputs or loading levels, and real-time dispatch schedule.
PEMC recognizes the electric power industry participants’ efforts in fostering a culture of compliance and integrity with the WESM rules and manuals. It provide updates and new guidelines on market compliance as it holds the summit annually.
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.