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enabling sustainability - Aboitiz Power

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Renewable Energy<br />

is the fourth pillar. Cleanergy is <strong>Aboitiz</strong><strong>Power</strong>’s brand of renewable energy. Energy is harnessed from<br />

hydro and geothermal sources and will help consumers achieve a sustainable lifestyle and help them<br />

reduce their carbon footprint. Cleanergy communicates <strong>Aboitiz</strong><strong>Power</strong>’s vision to offer an energy solution<br />

that leaves a lighter impact on Earth’s climate and its limited resources, and to promote the usage of<br />

clean & renewable energy from sources that are sustainable & cleaner than fossil fuels. <strong>Aboitiz</strong><strong>Power</strong><br />

believes that it is every Filipino’s right to live a sustainable life.<br />

SEEING the urgency to address the climate<br />

change problem, the <strong>Aboitiz</strong> Group—<br />

through <strong>Aboitiz</strong><strong>Power</strong>—decided to beef<br />

up its investments in the generation of<br />

energy from renewable sources. These<br />

investments tap the country’s geothermal<br />

and hydropower resources.<br />

In 2009, <strong>Aboitiz</strong><strong>Power</strong> launched the Cleanergy brand, which<br />

is power from geothermal and hydropower plants, to provide<br />

consumers the chance to choose to follow their conscience and<br />

do their part in slowing down climate change.<br />

Having purchased government-owned geothermal and hydro<br />

power generation assets, <strong>Aboitiz</strong><strong>Power</strong> has become one of the<br />

largest private renewable energy producers in the country.<br />

Its renewable energy portfolio includes two geothermal power<br />

plants—Tiwi in Albay and the Mak Ban <strong>Power</strong> Complex in Laguna-<br />

Batangas border—and numerous hydro generation assets: such as<br />

the Bakun plant in Ilocos Sur, Magat in Isabela and the Ambuklao<br />

plants in Benguet.<br />

For Magat and Ambuklao, <strong>Aboitiz</strong><strong>Power</strong> joined forces with SN<br />

<strong>Power</strong> of Norway.<br />

The company poured more investments into renewable energy<br />

and began operation of the Sibulan <strong>Power</strong> Plant, a Greenfield<br />

Project that utilizes the Sibulan River to generate hydroelectricity.<br />

One plant, already operating, generates 26 MW, while a second<br />

one has the capacity to produce 16.5 MW.<br />

In 2010, <strong>Aboitiz</strong><strong>Power</strong> sold 4,356,180 MWh of renewable power.<br />

As a consequence the release of an estimated 2.2 million tons of<br />

CO2 was avoided.<br />

Renewable Energy<br />

Generating Portfolio<br />

Plant Capacity (MW)<br />

Hydro 715<br />

1,182<br />

TOTAL<br />

Attributable Capacity (MW)<br />

Hydro 383<br />

Geothermal 467 Geothermal 467<br />

850<br />

TOTAL<br />

“We launched Cleanergy in 2001 and its mission then still holds<br />

true now, to make Cleanergy available to every Filipino,” said<br />

<strong>Aboitiz</strong><strong>Power</strong> President and CEO Erramon I. <strong>Aboitiz</strong>. “Cleanergy,<br />

the brand of clean and renewable energy, communicates the<br />

company’s vision to offer an energy solution that leaves a<br />

lighter impact on the earth’s climate and its limited resources.”<br />

The company believes that if consumers are given a choice, they<br />

would choose Cleanergy and help protect the planet.<br />

When open access under the Electric <strong>Power</strong> Industry Reform Act<br />

(EPIRA) is enabled, <strong>Aboitiz</strong><strong>Power</strong> will offer Cleanergy as an option<br />

for customers who believe in the same vision that the company<br />

has for the future.<br />

<strong>Aboitiz</strong><strong>Power</strong>’s investments in renewable energy are in line with<br />

the <strong>Aboitiz</strong> Group’s triple bottom line approach, which gives<br />

importance to protecting the planet and caring for communities<br />

to sustain its profits.<br />

To emphasize the importance of renewable energy in its operations,<br />

<strong>Aboitiz</strong> identified it as one of the pillars of <strong>sustainability</strong>, along with<br />

reduce, re-use/recycle, rejuvenating nature and recharge communities.<br />

Hydroelectric<br />

Geothermal<br />

2008<br />

2009<br />

Renewable Energy<br />

sold in 2010 (MWh)<br />

MWh sold<br />

872,769<br />

3,483,411<br />

TOTAL<br />

Avoided Emission<br />

(tons of CO2) through the renewable energy sold in AP<br />

MWh sold<br />

942,960<br />

3,000,467<br />

Avoided C02 emissions<br />

from renewable energy<br />

sold (in tons CO2)<br />

434,639<br />

1,734,739<br />

4,356,180 2,169,378<br />

TCO2<br />

528,058<br />

1,494,232<br />

2010<br />

4,356,180<br />

2,169,378<br />

20 ENABLING SUSTAINABILITY

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