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Jekki Pascual

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The Lopez-led Energy Development Corporation (EDC) has inaugurated the 28.9 MW Palayan Binary Geothermal Power Plant (PBGPP) in Manito, Albay.This is part of the expansion of the existing 140 MW Bacon-Manito (BacMan) facility.The P7 billion-project aims to harness the thermal energy of brine, a by-product of the BacMan facility without the need for additional steam or additional drilling. EDC is also expected to use the binary technology in its other geothermal plants to generate more power without having to build a new geothermal power plant.Energy Assistant Secretary Mylene Capongcol attended the inauguration. She hailed the expansion project saying the country needs more renewable energy sources now. She also said that the new plant can help address the dwindling supply of electricity.“Makatutulong yan sa Luzon kasi talagang medyo manipis tayo. Dumadaan tayo lalu na netong extreme summer, napakainit,” she said.(The project will help Luzon because we have a thin power supply especially the recet extreme summer when it was too hot.)She added, “Any capacity that will contribute in the grid, any grid- Luzon, Visayas, and Mindanao— will greatly help us address yung ating power supply situation.”The Philippines targets a renewable energy mix of 35 percent by 2030 and about 50 percent by 2040. Currently that rate is around 22 percent.EDC President and Chief Operating Officer Jerome Cainglet said they will be building more geothermal power plants as it is one of the most reliable sources of clean energy and that it is an indigenous source of power, unlike coal which is imported. EDC is a 100 percent renewable energy company, and Cainglet vowed to remain that way.“During the time nagkaroon ng Ukraine crisis, nag-umpisa yan, nag-triple, nag times four ang presyo ng ibang technology, pero ang geothermal constant lang,” said Cainglet on the importance of geothermal plants amid the volatile prices of coal and gas.At least two binary plants are expected to open this year- one in Leyte and another in Negros Occidental. Another geothermal plant and battery energy storage systems are being planned and some constructed in Albay. EDC is looking for more renewable energy sites.“We have applied for concessions with the DOE and yung estimate nun, if they all are successful, should be around 300 MW,” said Cainglet.EDC Vice President Marvin Kenneth Bailon added that though they have used binary technology before, it is only now that they see a growth potential for it and the timing he said is good for such a project.“Nagkakaroon ng magandang opportunities para magamit siya. One is yung Japanese funding related to the equipment we are using for this project. At the same time, timing is right kasi kailangan na kailangan talaga natin ang kuryente ngayon,” Bailon said.(There are good opportunities now to used [binary technology]. One is the Japanese funding related to the equipment we are using for this project. At the same time, timing is right because we really need electricity now.)EDC, First Gen Corporation’s all-renewable arm,  has over 1,464.5 MW total installed capacity that accounts for 20 percent of the total installed renewable energy capacity in the country. Its geothermal portfolio is the biggest of all its renewable energy units with 1,169.85 MW or 80 percent of the country’s total installed geothermal capacity.

EDC expanded its existing geothermal plant in Albay with the DOE hoping to add more renewable energy plants.

EDC expanded its existing geothermal plant in Albay with the DOE hoping to add more renewable energy plants.

EDC inaugurates 28.9 MW Albay binary geothermal plant

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EDC inaugurates 28.9 MW Albay binary geothermal plant

Jekki Pascual,

ABS-CBN News

Published Jul 06, 2024 12:38 AM PHT

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Energy Development Corporation

EDC

Albay

Palayan Binary Geothermal Plant

renewable energy

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