EDC breaks ground for Palayan project

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Sumary of EDC breaks ground for Palayan project:

  • (EDC) on Wednesday commenced the construction of its 29-megawatt (MW) Palayan Binary Power Plant project in Manito, Albay..
  • The Palayan power plant will expand the Lopez-led company’s existing 130-MW Bacon-Manito (BacMan) geothermal facility will generate 215.8 gigawatt hours of clean power..
  • The planned facility, with a project cost of P7 billion, will utilize the waste heat from the 110MW Bacman-1 geothermal power plant to generate additional energy without the need for additional drilling..
  • “Heat from brine, which is usually produced from the wet steam operations, will be used to generate electricity by the new power plant before reinjecting back to the reservoir,”.
  • EDC’s binary power project, which was awarded a subsidy from Japan as part of their Joint Credit Mechanism, has been recognized as an energy project of national significance by the Energy Investment Coordinating Council, spearheaded by the Department of Energy (DoE)..
  • EDC President and Chief Operating Officer Richard Tantoco said they are pushing to meet their target commissioning month for the Bacman expansion project by end-2022..
  • Tantoco said the project is EDC’s “additional contribution to that much needed baseload clean, reliable RE (renewable energy) that fully supports the DoE’s intent of providing adequate, continuous, and economic supply of energy to our country.”.
  • Energy Undersecretary Emmanuel Juaneza said the Palayan binary power plant is in line with the country’s pursuit of energy security and sustainable future as well as boost the geothermal sector’s contribution to the Philippine energy mix…

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