Typhoon effects geothermal power generation on Leyte, Philippines
The recent typhoon Urduja that went over Leyte in the Philippines has effected operations of the geothermal power plants by EDC, which are currently only operating at half the installed capacity.
Energy Development Corp. in the Philippines has issued an advisory stating that operations of its Leyte Geothermal Power Plants have been affected by landslides and flooding brought by Typhoon Urduja.
As of Dec. 18, the Leyte Power Plants were producing an aggregate of 246 MW, compared to 462 MW before the typhoon hit.
An initial assessment showed that most of the damage was not to the power plants but to pipelines and the marshalling station. “We are working to restore the facilities at the soonest time possible, with priority consideration on safety. Moreover, we are extending assistance to our host communities.
EDC plans to notify the Exchange of relevant developments as results of more detailed assessments become available.
Source: Company release to the Philippines Stock Exchange via PublicNow