Philippines award two new geothermal areas for private development

Philippines award two new geothermal areas for private development

In a recent tender, the Department of Energy of the Philippines awarded two
of four geothermal areas up for tender for development to two private
developers.

The Philippines' Department of Energy (DOE) has awarded 10 new areas of
development for hydropower and geothermal projects via its open and
competitive selection process (OCSP) scheme of contracting. Of the areas
awarded, two are for geothermal development.

The winning bids for geothermal were for Area 2 Southern Leyte with a bid by
Repower Energy Development Corporation; and Area 3 for Amacan venture to
Energy Development Corporation (EDC).

Under the bidding scheme, DOE failed to receive bids for two geothermal
areas, at Acupan-Itogon and Balut Island projects.

The RE service contracts tendered under OCSP are those considered primarily
as 'non-frontier' or the areas with RE sources having sufficient available
technical data and feasible for immediate development and utilization.

When such project selection process was introduced by the DOE, it noted that
it had given proclivity to service areas endorsed by local government units
(LGUs) as well as those set as priority by distribution utilities (DUs)
taking into consideration their critical role as off-takers of generated
capacities.

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Link to Original Article:
http://www.thinkgeoenergy.com/philippines-award-two-new-geothermal-areas-for
-private-development/

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John Diecker
APT Consulting Group Co., Ltd.

www.aptthailand.com