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Saturday, November 23, 2024

EDC unveils plan to diversify power generation sources

Geothermal leader Energy Development Corp. unveiled its power generation expansion program to include offshore wind and battery energy storage systems in the next ten years.

“We’re expanding in terms of our batteries. We have battery storage, and then some expansion in wind. We have a big concession coming,” EDC assistant vice president Allan Barcena said.

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Barcena said EDC was also expanding its geothermal capacity by 100 megawatts.

“We’re looking at 100 MW in total pipeline for geothermal,” he said.

The company has 1,181 MW of installed geothermal energy capacity in the country, which put the Philippines on the map as the third largest geothermal producer in the world.

Barcena said the expansion would include the 30-MW Palayan Binary Power Plant in Manito, Albay.

The PBPP project will expand EDC’s 130-MW Bacon-Manito geothermal facility and generate 215.8 gigawatt-hours of clean power.

EDC also plans to expand the Bacon-Manito geothermal plant in Bacon, Sorsogon City and Manito, Albay through the 30-MW Tanawon project.

The company will start the construction of the Tanawon project next year, with the permitting process already ongoing.

EDC is also pursuing the 30-MW Mahanagdong geothermal facility in Leyte, with plans to start construction next year.

Barcena said EDC was excited about the prospects for the 50-MW Amacan geothermal project in Mindanao.

The company also plans to develop its geothermal concession in Sumatra, Indonesia.

“Next year, we’ll do the exploratory drilling,” Barcena said. The Indonesia project has a potential of 100 MW.

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