MORE than the promotion of Cleanergy, the company’s brand of clean and renewable power, AboitizPower (AP) is also calling on the government for regulations to guide suppliers and investors.
AP president and chief executive officer (CEO) Erramon Aboitiz said that while the company is ready with its Cleanergy product, they are still waiting for guidelines before they can roll it out.
“The end-user can actually advise their electricity supplier on which kind of energy they want. If they say they want Cleanergy, then it’s available. The problem now is that guidelines for this new form of energy are not yet set,” Aboitiz said, on the sidelines of the One Cebu Business and Sustainability Summit at the Cebu International Convention Center on Monday.
“The whole Renewable Energy Bill is what we are all waiting for,” Aboitiz added.
He was one of the speakers at the business summit attended by almost 400 participants. The Mandaue Chamber of Commerce and Industry hosted it in celebration of this year’s Mandaue Business Movement.
Aboitiz said Cleanergy was conceptualized in 2001 as the company’s share in the promotion of a sustainable lifestyle.
AP’s hydroelectric power generation facilities include the 175-megawatt (MW) Ambuklao-Binga hydroelectric complex in Benguet and the 360mw Magat Plant in Isabela, both joint ventures with SN Power AS of Norway; and the 70mw Bakun Hydro Plant in Ilocos Sur, a joint venture with Pacific Hydro Limited of Australia; and 15 mini-hydro plants run by Hedcor, Inc., in Benguet and Davao City, with combined generating capacity of 38.2 mw.
Cleanergy is an energy solution harnessed from the company’s hydro and geothermal generation assets that will give consumers an option to reduce their carbon footprint.
Aboitiz said that through Cleanergy, Aboitiz Power sees a future where business and people depend more on cleaner and renewable power.
“Part of being responsible is eliminating waste,” Aboitiz said at the summit.
Exporter Pete Delantar of Nature’s Legacy said exporters who produce “green products” or eco-friendly products are ready to maximize the use of “green power” to serve the $600-billion green market worldwide.
“There is a bigger demand for eco-friendly products in the global market. Having a Cleanergy brand logo in our products is an added advantage, especially that consumers now are keen on buying products branded as eco-friendly,” he said.
Buyers want to know if your products are really eco-efficient right from the sourcing of raw materials to logistics, he added.
However, like Aboitiz, Delantar said that though they are ready to use “green power,” they are still awaiting clear renewable energy regulations from the government.
“We also want to know if there would be incentives or taxes,” he said.