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EDC PR 2016 (EC section)

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Our Economic Performance<br />

<strong>EDC</strong> operates<br />

the country’s<br />

first combined<br />

wind and solar<br />

farm in Burgos,<br />

Ilocos Norte<br />

We conduct preventive maintenance and<br />

comprehensive rehabilitation of acquired plants,<br />

which are aligned with <strong>EDC</strong>’s more recent companywide<br />

typhoon-proofing and retrofitting activities<br />

given climate hazards. Several of our plants have<br />

been running more efficiently due to these efforts.<br />

Attaining generation targets requires successful<br />

implementation of both equipment reliability<br />

uprating and typhoon resiliency initiatives. To be<br />

sustainable, we must manage our risks, and continue<br />

to build upon our strengths.<br />

Market Growth<br />

Our biggest client remains to be the National Power<br />

Corporation (NPC), which bought 46 percent or<br />

3,908.0 GWh of the 8,531.5 GWh sales volume from<br />

our electricity business. We also supplied power to<br />

the National Transmission Corporation (TRANSCO)<br />

and WESM, among others.<br />

Consumers are becoming more conscious of<br />

the negative impacts of human actions on the<br />

environment. Companies are also more proactive<br />

in adopting environmentally friendly processes to<br />

achieve their sustainability goals. Some of the most<br />

influential multinationals have committed to go<br />

100 percent renewable. This provides an opportunity<br />

for growth for <strong>EDC</strong> — the country’s provider of 100<br />

percent clean, renewable power — especially now,<br />

when they already have a choice on where to get their<br />

power supply under the Philippine electric power<br />

industry’s retail competition and open access regime.<br />

Given that our values align, we can be the chosen<br />

energy provider of eco-conscious consumers.<br />

37

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