Home » , , » DOE holds awarding of geothermal deals

DOE holds awarding of geothermal deals

The Department of Energy will not be able to award additional service contracts for geothermal projects today as it wants more time to study the proposals.

According to Assistant Secretary Mario Marasigan, the DOE is still evaluating the service contracts earlier offered to investors under the Philippine Energy Contracting Round.

The latest contracts should have been awarded Friday.

So far, the DOE has only awarded five geothermal service contracts, and these went to Biliran Geothermal Inc., Primary Energy Corp., Constellation Energy Corp. and Petroenergy Resources Corp.

The DOE is still evaluating proposals of Clean Rock Renewable Energy Corp., Pan Pacific Power Corp., Lopez-led Energy Development Corp., Envent Holding Philippines Inc., Primary Energy, Magma Energy Corp., PNOC-Renewables Corp. and Aragorn Power and Energy Corp.

Pending proposals cover six prospective geothermal areas in Daklan, Benguet; Natib, Bataan; Labo, Camarines Norte; Isarog, Camarines Sur; Sta. Lourdes-Tagburos, Puerto Princesa City, Palawan; and Mainit, Surigao del Norte.

Also under evaluation are service contracts of two companies for the exploration and development of seven prospective “frontier” geothermal areas.

EDC’s unsolicited proposals covered five areas namely Mandalagan-Silay, NEgros Occidental; Balingasag, Misamis Oriental; Mt. Ampiro, Misamis Occidental; Lakewood, Zamboanga del Sur; and Mt. Zion, North Cotabato. Four of these five areas are expected to generate some 110 megawatts, data from the DOE showed.

Meanwhile, PNOC-RC has two applications for an 80-MW project in Mainit-Sadanga in the Mt. Province and another 60-MW geothermal power project in Benguet and Ifugao.

The Philippines, with a capacity of 1,987 MW, is the world’s second-biggest producer of geothermal energy after the United States.

The country’s geothermal capacity accounts for about 17 percent of the generation mix, which means that one in every six light bulbs is powered by geothermal energy. (inquirer.net)
Share:

No comments:

Popular Posts

Featured

Siargaonon women surfers dominate Pilipinas Surfing Nationals in Baler

Three Siargaonon women surfers went victorious during the Pilipinas Surfing Nationals  Leg 2 in Baler, Aurora recently. Nilbie Blancada (C...

Home Top Ad

Post Top Ad

Archive

Car News

{getPosts} $results={4} $label={Cars} $type={block2}

Post Bottom Ad

Responsive Ads Here

Fashion

News

Food

Sports

Food

Technology

Featured

Videos

Ł†Ł…ŁˆŲ°Ų¬ الاتصال

Name

Email *

Message *

About Us

There are many variations of passages of Lorem Ipsum available.

Popular Posts

Categories

Blog Archive

Recent Posts

Unordered List

  • Lorem ipsum dolor sit amet, consectetuer adipiscing elit.
  • Aliquam tincidunt mauris eu risus.
  • Vestibulum auctor dapibus neque.

Sample Text

Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation test link ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate another link velit esse cillum dolore eu fugiat nulla pariatur.

Pages

Theme Support

Need our help to upload or customize this blogger template? Contact me with details about the theme customization you need.
Copyright © SURIGAO Today | Powered by Blogger