OUR BUSINESS

First Gen Corporation (First Gen) is a leading independent power producer in the Philippines that primarily utilizes clean and indigenous fuels such as natural gas, geothermal energy from steam, hydro-electric, wind, and solar power. The company has 3,489 MW of installed capacity in its portfolio, powering 21.4% of the country’s gross generation.

First Gen is a natural gas pioneer and owns four out of the five natural gas-fired power plants in the country. These are the 1500-MW Sta. Rita and San Lorenzo plants, the 97-MW Avion and the 414-MW San Gabriel power plant. Avion will be the first power plant in the Philippines to run on aero-derivative gas turbines while the San Gabriel plant is expected to be the most efficient natural gas-fired plant in Southeast Asia. First Gen also has the largest portfolio of power plants that use clean, renewable and indigenous fuels. The plants are present in all three grids of the Philippines, and can serve the baseload, mid-merit and peaking market segments.

“Going forward, we continue to keep our eye on remaining relevant, effective, pioneering, and smart about the choices we make in moving towards a decarbonized world… First Gen continues to care about the world we live in, and we will continue to dare to make positive contributions.” 
– President and Chief Operating Officer, Francis Giles B. Puno

First Gen Corporation

<p>Submits offer price and volume to WESM; Monitors WESM outcomes</p>

<ul>
	<li>Declares bilateral contract volumes of FGen to WESM to ensure maximum revenues and minimal costs;</li>
	<li>Analyzes the power grid situation critical in ensuring that FGen bid submissions are sound, with the end goal of maximizing revenues;</li>
	<li>Analyzes the existing plants operating in the system to determine the adequacy of supply in the system and to monitor competing generation facilities;</li>
	<li>Analyze the behavior of loads to determine First Gen Corporation's supply strategy;</li>
	<li>Perform Day-Ahead Forecasts and ensure optimal dispatch of the trading portfolio</li>
	<li>Compiles power industry databases from various sources.</li>
	<li>Prepares regular reports on the industry development, particularly on the WESM.</li>
</ul>

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Power Trading Analyst