SNAP tops 2020 WESM Summit compliant hydros list

Sn Aboitiz Power (SnAP) Group’s Ambuklao, Binga and Magat hydroelectric power plants received top recognition as compliant hydro generators during the wholesale electricity Spot Market ( weSM) Compliance Officer Summit held on Sept. 25, 2020.

Ambuklao hydro topped among 12 participating hydro-power generators nationwide with a compliance rating of 95.55 percent from June 26, 2019 to June 25, 2020. Binga and Magat hydros placed second and fourth, respectively, with 92.60 percent and 83.45 percent.

This is the third citation this year from the Philippine electricity Market Corporation (PeMC) as SnAP also topped PeMC’s compliance ratings in April for the cool-dry season, covering the period 26 December 2019 to 25 February 2020 and in July for the hotdry season covering the period Feb. 26, 2020 to May 25, 2020.

The recent award was received 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.

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, rule on nomination of projected outputs or loading levels, and real-time dispatch schedule.

The summit is an annual event held by PeMC to provide updates and new guidelines on market compliance. It recognizes the electric power industry participants’ efforts in fostering a culture of compliance.