ACEN recognized for RCOA reportorial compliance

MANILA, Philippines — ACEN Corp. has been recognized by the Department of Energy (DOE) for its compliance with regulations and advancing renewables in the country.

ACEN’s Retail Electricity Supply (ACEN RES) group was recognized by the DOE for its continuous support to the Retail Competition and Open Access (RCOA) program through its compliance with the reportorial requirements.

The company’s commitment to streamline its retail electricity supply operational processes and its strict adherence to the set standards by the DOE allow for its continuous participation in the RCOA and the expansion of its customer base.

ACEN’s customers under its RCOA program in the country spans the agricultural, educational, food and beverage, semiconductor and fast-moving consumer goods industries.

The RCOA, established under the Electric Power Industry Reform Act of 2001, allows contestable customers that consume an average of 500 kilowatts per month in the preceding 12 months to choose their preferred electricity suppliers.

The program is instrumental in promoting fair competition in the electric power industry by giving end-users the power of choice, resulting in a more affordable and reliable supply of electricity for consumers.

Apart from ACEN RES, the DOE also recognized 12 of ACEN’s power plants, which include several operating wind and solar farms with an aggregate capacity of approximately 760 megawatts (MW).

The awarded plants were NorthWind in Ilocos Norte, Guimaras Wind in Visayas, the three solar farms in Negros, SacaSol, MonteSol and IslaSol, as well as the company’s thermal assets.

ACEN said the recognitions come as the company takes significant steps in expanding its renewables footprint across Asia-Pacific, with its attributable capacity now reaching about 4,000 MW.

“It is our privilege to accept these recognitions as a testament to the continuing dedication of ACEN, not only to further renewables in the country, but to also ensure proper compliance with regulations and excellence in service as we do so,” ACEN executive director and head of commercial operations Miguel de Jesus said.

“We believe that providing efficient and transparent market service to our clients is equally crucial in ensuring a reliable and sustainable electricity supply,” he said.

ACEN, the listed energy platform of the Ayala Group, is seeking to grow its renewables capacity to 20 gigawatts (GW) by 2030.

The company currently has 18-GW of pipeline across the region, which will help with the achievement of the company’s 2030 goals.