Power firm launches multi-sectoral movement for carbon-neutral PH
by Philippine Resources - September 22, 2021
Photo credit: Mike Gonzalez - Southern Negros geothermal plant, Negros Oriental, Philippines
Racing against time to address the worsening climate change crisis, multi-sectoral representatives have joined a movement initiated by geothermal power leader Energy Development Corporation (EDC) aimed at attaining zero carbon emissions among businesses in the country.
EDC, the country’s largest renewable energy producer owned by First-Gen, which operates the 222.5MW Southern Negros Geothermal Plant in Valencia, Negros Oriental, spearheads the movement dubbed Net Zero Carbon Alliance, a media release from the power utility said Tuesday.
Launched virtually on Monday, the movement pushes for the country to become carbon neutral, in line with the Department of Energy’s goal to reduce emissions by as much as 75 percent. This is part of the government’s Nationally Determined Contributions to the landmark global United Nations’ Paris climate change agreement or COP 21 (Conference of the Parties).
“We are putting into action our revitalized mission in the Lopez Group to ‘forge collaborative pathways for a decarbonized and regenerative future’ by seeking partnerships and synergies with fellow enterprises in the country,” EDC president and chief operating officer Richard B. Tantoco was quoted as saying.
The Net Zero Carbon Alliance Program aims to “provide partners with a roadmap to attain carbon neutrality through the sharing of best practices and scaling up of carbon emission offsetting and tracking, as well as assistance in obtaining third-party certification of carbon emissions and offsets, and even access to “green” financing, among many other capacity-building tools,” EDC said in its media release.
Partners in the carbon-neutral alliance will be guided by EDC’s experience as a carbon-negative company through its 100 percent renewable energy operations and the protection and restoration of the forests within its geothermal project sites.
Partners can also adopt practices from EDC decarbonization mechanisms.
The pioneering members of the Net Zero Carbon Alliance include homegrown enterprises ArthaLand property developer, Lopez Group affiliate First Balfour construction company, Drink sustainability communications agency, Silliman University, as well as the local operations of multinational firms Analog Devices, Coca-Cola, Knowles Electronics, and Unilever.
“We are extremely excited with the enthusiastic participation of our partners and we are looking forward to working with more and more enterprises in the local business sector as we move toward our common goal of mitigating the global challenge of climate change,” Tantoco said.
EDC is the country’s biggest 100-percent renewable energy (RE) company that accounts for over 40 percent of the Philippines’ RE output and serves about 10 percent of the country’s overall electricity demand with its installed capacity of almost 1,500 megawatts (MW).
Its 1,181MW geothermal portfolio accounts for 62 percent of the country’s total installed geothermal capacity and has put the Philippines on the map as the world’s third largest geothermal power producer. By Mary Judaline Partlow
Article courtesy of the Philippine News Agency
Philippine Resources - August 06, 2021
Law Establishing PH Energy Research Institute Inked
President Rodrigo Duterte has signed a law establishing the Philippine Energy Research and Policy Institute to enhance the country’s capability for energy research and policy development. Republic Act 11572, signed by Duterte on July 30, establishes the institute as an independent agency attached to the University of the Philippines (UP) with a separate budget from the premier university. Under the new law, an executive director to head the institute shall be a recognized expert in energy research and policy development with at least three years experience in the energy sector and shall have a strong organizational management background. The executive director, appointed by the UP President upon recommendation of the Executive Board, shall serve in full-time capacity for a term of five years which may be renewed. The institute’s Executive Board shall be composed of seven members comprised of the UP President as the ex-officio chairperson, and at least one representative from the fields of engineering, law, science, statistics, economics, social science, and public health, either from the academe or the private sector. Four members shall come from the academe, two members shall come from the private sector, while each representative shall come from different fields. Other members of the Executive Board shall be chosen by the UP President. Each member shall have a term of three years, which can be renewed for two more terms. The first two appointees from the academe and the first appointee from the private sector shall have a term of two years, which can be renewed for two more terms. The Executive Board may invite the secretaries of various government agencies as well as legitimate consumer and advocacy groups as resource persons during its meetings and deliberations. The institute shall support further education and training for its officers and employees to include advanced degree studies, short-term programs, online courses, and participation in conferences. Research papers, data, and other resources shall be made available to the public through its website. However, proprietary or confidential data and other resources cannot be posted or disclosed unless prior consent of the source or owner of such data and resources has been obtained by the requesting party. A Special Account in the General Fund (SAGP) for energy research, which shall be maintained and managed by the Bureau of Treasury, shall be established to support the research undertaken by the institute. The SAGF for energy research shall recognize and accept grants, contributions, and donations collected for energy research. A total of PHP200 million will be appropriated out of the General Appropriations Act (GAA) for the initial operating fund of the institute. Such amounts necessary for the sustainable operations of the institute shall be appropriated from the GAA based on the annual financial plan approved by the Executive Board and submitted to the Department of Budget and Management. Government agencies concerned are authorized to include in their respective annual budgets such necessary amounts as their contribution to the funding of certain research activities in the institute. Within 90 calendar days from the effectivity of the act, the UP, in consultation with the members of the academe, and other public and private stakeholders shall promulgate the necessary implementing rules and regulations of the act subject to the approval of the UP Board of Regents.
Marcelle P. Villegas - September 01, 2021
The 7th PH-EITI report, industry outlook transparency for oil, gas and mineral resources (Part 1)
The PH-EITI National Conference 2021 was held last July 29 with the theme "Resiliency in Transparency". PH-EITI or Philippine Extractive Industries Transparency Initiative, is a government-led, multi-stakeholder initiative that implements EITI. The initiative started on 26 November 2013 under Executive Order No. 147, series of 2013. It is a government commitment first announced through EO No. 79, s. of 2012. The initiative aims to promote the open, accountable management and good governance of oil, gas and mineral resources industries. The three-hour webinar/conference featured various keynote speakers. “This is the second year that we are holding this meeting online due to the pandemic. This underscores the exceptional circumstance under which we have to operate into the foreseeable future. Nevertheless, I congratulate the EITI for its efforts to organize this national conference and produce an annual report despite all the challenges.” This was part of the Opening Remarks given by Hon. Carlos G. Dominguez, Secretary of Department of Finance.
Philippine Resources - September 02, 2021
Gov’t gets P1.7-B royalty payment from integrated energy firm
The government, through the Department of Energy (DOE), has received nearly PHP1.7 billion in royalty payment from integrated energy company Semirara Mining and Power Corp. (SMPC) for the second quarter of the year. In a statement Tuesday, SMPC said this is the highest quarterly royalty payment to the government after the firm recorded a revenue of PHP14.8 billion from April to June 2021. SMPC’s revenue in the second quarter of 2021 was supported by all-time high coal sales and higher average selling prices. Of the PHP1.7 billion turned over to the government, PHP1 billion will go to the national government that can be used to fund programs to fight coronavirus disease 2019 (Covid-19). Some PHP666 million will go to local government units (LGUs) that host SMPC mine sites --PHP136 million for the province of Antique, PHP300 million for the municipality of Caluya, and PHP230 million for Barangay Semirara. Under the Local Government Code of 1991, host LGUs of petroleum, coal, geothermal, hydrothermal, and wind facilities shall receive 40 percent of the royalty proceeds. “The pandemic has taken a significant toll on our country. We hope that our contribution can help boost our government’s response against Covid-19,” SMPC president and chief operating officer Maria Cristina Gotianun said. SMPC is the country’s lone power producer that mines its own fuel source --integrating its coal mining and power operations to create a local value chain. Based on its website, SMPC generates 900 megawatts of power with an additional 1,200 MW of coal-fired power in the pipeline.
Philippine Resources - October 19, 2021
TVI Pacific's 30.66% owned TVIRD Balabag Gold and Silver Project Completes Second Doré Shipment
TVI Pacific Inc. is pleased to announce the completion of a second shipment of gold doré from the Balabag gold and silver project. Balabag is owned 100% by TVI Resource Development Phils., Inc. a Philippines corporation in which TVI holds a 30.66% interest, and is located in Zamboanga del Sur, Philippines. Continuing Gold Production at Balabag Gold-Silver Project : Further to the announcement of September 30th, 2021, in which the Company announced the first shipment of gold doré from Balabag and reported various operating statistics, TVIRD has further confirmed that Balabag mill plant availability month-to-date has been 85% and that it is currently processing at a month-to-date average rate of 1,064 tpd. The second shipment in the amount of 894 kg of gold doré has been delivered to the designated refinery and contains 641 ounces of Au and 27,552 ounces of Ag for 992 gold equivalent ounces. Gross proceeds from the second shipment are US $1.8 million. The second shipment of gold doré follows the completion of the first shipment on September 30, 2021. Activities at site continue to be concentrated on optimizing the operation and the ramping-up of throughput to 2,000 tpd. The average head grade month-to-date has been 1.8 g/t Au and 95.1 g/t Ag while the average recoveries month-to-date have been 93% for Au and 86% for Ag. The run of mine ("ROM") mineralized stockpile, in-pit stockpile and crushed mineralized stockpile currently contains an approximate 100,000 tonnes of mineralized material, much of which is low to marginal grade and continues to be mined to expose the higher-grade mineralized resource during waste stripping and bench forming. The stockpiles have an average grade of 1.3 g/t Au and 47.7 g/t Ag. It is expected that the average grade of feed will increase as higher-grade mineralized resource is mined. Ongoing exploration drilling is continuing at Balabag with TVIRD having completed to date twenty-six (26) drillholes for a total meterage of 3,720 meters in its Phase 5B drilling program. A total of twenty-eight (28) holes are expected to be drilled with an estimated meterage of 4,200 meters. The Phase 5B drilling program together with assays and reporting is currently expected to be completed in Q4 2021. "We are pleased with the progress at Balabag having now completed the second shipment of gold doré within days of the first shipment being delivered to the designated refinery. Our focus continues to be to further ramp-up throughput as we continue to optimize the process but in general the equipment is working well", said Mr. Cliff James, Chairman and CEO of TVI and Chairman of TVIRD, "We look forward also to our soon being able to share with all stakeholders the results of Phase 5B drilling as TVIRD continues to pursue its growth strategy with ongoing drilling at Balabag."
Philippine Resources - October 19, 2021
Calbayog City coastal road project 83% done
A portion of the Calbayog City Coastal Road project in Calbayog City. The project, which is up for completion in 2025, is now 83 percent complete, the Regional Development Council’s regional project monitoring committee reported on Monday (Oct. 18, 2021). (Photo courtesy of Mel Senen Sarmiento) About 83 percent of the Calbayog City Coastal Road Project is now completed after four years of implementation, the Regional Development Council’s regional project monitoring committee (RPMC) reported on Monday. Construction of the PHP1.16-billion project meant to curb traffic jams in Calbayog’s commercial district has been implemented since 2018. It involves the construction of a road, embankment, and bridge. The government is eyeing to complete the project in 2025. “The construction of the Calbayog City Coastal Road aims to create alternative routes in the city to decongest traffic in Calbayog City proper. However, certain segments of the already funded network have yet to break ground,” the RPMC reported. It will start with the construction of a bridge across the Calbayog River since the work will affect the docking of motor boats carrying passengers and products to island communities. The Department of Public Works and Highways (DPWH) and Philippine Ports Authority will find a spot as a temporary dock for the motor boats. “Calbayog City is a fast-growing commercial hub. With its flourishing economy comes the need for bigger and better thoroughfares to accommodate the increasing traffic volume and weight,” the DPWH Samar first district engineering office said in a separate statement. From 2018 to 2021, the project’s work is centered on the construction of embankment and road with a total allotment of PHP1.14 billion. Of the total, PHP333.71 million was released in 2018, PHP281.07 in 2019, PHP268.52 million in 2020, and PHP265.76 million in 2021. The multi-year project that will build a 4.67-kilometer road and bridge will connect the villages of Rawis, San Policarpo, Aguit-itan, allowing vehicles to by-pass the busy road of Calbayog City’s commercial district. By Sarwell Meniano Article courtesy of the Philippine News Agency
Philippine Resources - October 18, 2021
Siguil Hydro Power Plant in Sarangani On-Schedule to deliver Renewable Energy in 2022
The Alsons Power group’s 14.5 mega-watt (MW) ₱ 4.5 billion run- of- river hydroelectric power plant at the Siguil River basin in Maasim, Sarangani Province is on- track to begin operations in 2022 to provide a source of renewable power to key areas of Mindanao. The photo shows ongoing work on the plant’s powerhouse that will contain the hydropower turbine and generator set which will produce electricity using water from the Siguil River. It will also house the power facility’s control Room and offices for administration, operations and maintenance. Alsons Power- Mindanao’s firs private sector power generator plans to develop at least seven more run of river hydro power facilities in different parts of Mindanao and Negros Occidental. The group currently operates four power facilities in Mindanao with a total generating capacity of 468 MW serving over 8 million people in 14 cities and 11 provinces.