August 22, 2018 | 10:06 pm
THE Department of Energy (DoE) has
authorized five power projects to conduct separate studies on their impact on
the transmission grid, with the projects potentially adding 1,233 megawatts
(MW) to the country’s capacity.
Based on latest DoE data, the five
projects obtained clearance to conduct the studies in July, with Limay LNG
Power Corp. accounting for the bulk of the expected new power capacity at 1,100
MW for a combined-cycle gas turbine project in Limay, Bataan.
The Limay project is the biggest of
the 37 projects cleared for grid impact studies (GIS) so far this year. The
DoE’s power planning and development division did not immediately respond when
asked about details of the project.
The rest of the five projects are
renewable energy developments that range in capacity from 14 MW to 80 MW. Limay
LNG Power, which obtained its GIS clearance on July 18, has been added to the
DoE’s list of “indicative” projects or those that have yet to close a financing
contract as well as secure the relevant permits.
Most indicative projects have yet to
schedule their target testing and commissioning dates as well as their target
commercial operation date.
Of the remaining four projects, the
biggest is Manresa Power Corp.’s 80-MW San Jose del Monte solar power project
in Bulacan that was cleared on July 9.
Three of the projects are in the
Visayas, with North Negros Biopower, Inc. accounting for the biggest at 25 MW
for its biomass power plant project in barangay Santa Teresa, Manapla, Negros
Occidental.
Petrowind Energy Inc. was cleared
for a 14-MW second phase of its wind power project in barangay Nabas, Malay,
Aklan.
The project is an expansion of its
P4.5-billion, 36-MW wind farm in Nabas for which it was able to secure a
guaranteed feed-in-tariff of P7.40 per kilowatt-hour for 20 years.
PetroWind is a joint-venture firm
owned by Singapore-based CapAsia Asean Wind Holdings Cooperatief UA (40%), EEI
Power Corp. (20%) and PetroGreen Energy Corp. (40%). PetroGreen is a 90%-owned
subsidiary of Yuchengco-controlled listed firm PetroEnergy Resources Corp.
Astronergy Development Pagadian,
Inc. rounds out the five GIS-cleared projects in July with its 14-MW Banale
solar power plant in barangay Banale, Pagadian City in Zamboaga del Sur. — Victor
V. Saulon
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