EDC allocates $434 million for Southern Negros geothermal expansion, Philippines
Energy Development Corporation is allocating about $434 million to support capacity expansion of the Southern Negros Geothermal Field in the Philippines.
Philippine-based geothermal developer and operator Energy Development Corporation (EDC) has announced plans to allocate P25 billion (approx. USD 434 million) for the expansion of the Southern Negros Geothermal Project (SNGP). The budget will support the drilling of new wells , expansion of existing pads and construction of new pads, road networks, pipelines, support structures, and will support development of emerging technologies.
SNGP currently has a total dependable capacity of 221.8 MW across its operating plants, namely the Palinpinon Power Plant Units I and II, the Nasulo Geothermal Power Plant, and the Nasuji Geothermal Power Plant. The field is operating at 241.8 steam field capacity with 94 wells in 32 well pads.
Relating to this project, EDC secured an environmental compliance certificate (ECC) of a 5163-hectare development block back in 2017. The ECC was amended in July 2023 to include a provision for a 30-MW battery energy storage system. Another ECC is currently being processed to reduce the size of the development block to only 4027.59 hectares, which EDC states is enough to the drilling of new wells and construction of supporting infrastructure.
Accordingly, the project area is proposed to be expanded from 151.5 hectares to 400 hectares to support infrastructure related to the capacity expansion.
EDC remains very active in the expansion of their installed geothermal power generation capacity, both in the local and international fronts. The company still has at least three binary power plants in development, after the inauguration of the 28.9-MW Palayan Bayan binary plant in the Bacon-Manito field. Just recently, EDC was awarded two geothermal sites for preliminary survey and exploration in Indonesia.
Source: Business World
