EDC eyes P25-B expansion of Negros steam field project
SEEKING DENR APPROVAL

EDC eyes P25-B expansion of Negros steam field project

/ 02:05 AM October 16, 2024

Lopez-led Energy Development Corp. is looking to spend about P25 billion on its plan to boost the 282.5-megawatt (MW) Southern Negros Geothermal Project in Negros Oriental.

According to a document filed at the Department of Environment and Natural Resources, EDC is seeking the DENR’s approval of the revision of the Negros project’s scope as the company is considering to drill new wells to boost capacity.

The company has applied for an amendment of the environmental compliance certificate (ECC) for the Negros steam field of the project, with its proposal covering the boundary of the 4,027.59 development block.

Article continues after this advertisement

As the project site is within three kilometers of the Balinsasayaw Twin Lakes Natural Park, which is a protected area, EDC’s plan needs permits from the DENR.

FEATURED STORIES

“This requirement is crucial to ensure that all potential impacts on the protected area are carefully evaluated and addressed,” it said.

READ: EDC selling fresh P10-B green bonds

Article continues after this advertisement

Aside from drilling new wells, EDC also wants to build new infrastructure and facilities. To support such additions, EDC intends to expand the project area to 400 hectares from the current 151.5 hectares.

Article continues after this advertisement

Pursuing such a development could “sustain the operations” of the Nasuji Power Plant, Palinpinon Geothermal Power Project Units 1 and 2, and Nasulo Geothermal Power Plant, and future projects.

Article continues after this advertisement

The company said only the Nasuji Power Plant was not operational as it was under “preservation mode due to steam availability constraints.”

“EDC intends to operate the Nasuji Power Plant by drilling additional geothermal wells to supply steam to the plant,” it said.

Article continues after this advertisement

Based on its application, EDC may invest P25 billion to cover the cost of drilling new wells, the expansion of existing pads as well as the construction of new ones, road networks, pipeline routes, technologies, and other support structures.

In the Philippines, EDC has a total capacity of 1,480.19 megawatts, accounting for about 20 percent of the country’s installed renewable energy capacity.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

READ: EDC’s new Bicol plant vows relief to tight Luzon power supply

TAGS: Business

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.