- ACEN successfully registered its first batch of customers to the Green Energy Option Program (GEOP)
- Energy will be sourced from ACEN’s portfolio of operating solar and geothermal plants in the Philippines
- ACEN leverages on the government’s enabling policies to help realize the full potential of renewables in the country
March 29, 2022 – ACEN, the listed energy platform of the Ayala group, is ramping up its initiatives to onboard qualified end-users under the Department of Energy’s Green Energy Option Program (GEOP), enrolling its first batch of customers with the Independent Electricity Market Operator of the Philippines (IEMOP) following a switching process that started earlier this year.
Targeting customers with an average peak demand of at least 100 kW for the past year, ACEN, as a government-accredited renewable energy supplier, will provide customers with 100% renewable energy sourced from its portfolio of operating solar and geothermal plants in the Philippines.
As ACEN successfully onboards its first batch of its customers to the program, the company remains committed to support the country’s goal to achieve 35% share of renewables in the power generation mix by 2030, and leverages on the GEOP initiative as a consumer-focused, demand-driven program that can help accelerate the energy transition.
“We are proud to launch this program for our first customers, and also for the country, as it signals our country’s pivot to renewable energy,” said Miguel de Jesus, Executive Director and Head of Commercial Operations. “Renewables are even more sensible at this time when fossil fuel prices are skyrocketing. And to preserve our planet for the next generation.”
GEOP is one of the various programs under the Renewable Energy Act of 2008 which aims to promote the development of renewable energy in the country, with the regulatory framework being prioritized by the DOE as a harmonized approach of the public and private sectors in pursuit of the 35% by 2030 target.
“Energy solutions that integrate sustainability go a long way in the greening of the grid, and by implementing these enabling policies with meaningfulness and conviction, we are given more opportunities to forge partnerships anchored on renewables,” said de Jesus. “We look forward to supporting businesses on their path to carbon neutrality.”