state policies and energy markets
DESCRIPTION
State Policies and Energy Markets. VINCENT S. P ÉREZ Secretary Department of Energy REPUBLIC OF THE PHILIPPINES. OUTLINE. State of the Philippine energy sector Government thrusts for energy development : Sustainability Natural Gas Development of New and Renewable Energy (NRE) Sources - PowerPoint PPT PresentationTRANSCRIPT
State Policies and
Energy Markets
VINCENT S. PÉREZSecretary
Department of EnergyREPUBLIC OF THE PHILIPPINES
OUTLINE
• State of the Philippine energy sector
• Government thrusts for energy development : Sustainability
– Natural Gas
– Development of New and Renewable Energy (NRE) Sources
– Power Sector Reform
– Cooperation and collaborative actions with ASEAN neighbors
STATE OF PHILIPPINE ENERGY SECTOR
PRIMARY ENERGY MIX Y2000
Imp. Oil45%
NRE30%
Geo8%
Hydro5%
Coal2%
Imp.Coal10%
Total Energy: 249.5 MMBFOE Self-Sufficiency Level: 45%
PROJECTED GENERATION MIX Y2002
Imp. Oil5%
Local Coal3% Nat. Gas
31%
Imp. Coal31%
Hydro13%
Geo17%
51,600 GWhSelf-sufficiency Level: 64%
PHILIPPINE ENERGY THRUSTS
ENERGY THRUSTS
• Stable, secure & efficient energy supply
• Fair & reasonable energy prices
• Consumer welfare enhancement
• Energy efficiency & conservation
• Environmental friendly energy sources
MALAMPAYA DEEP WATER GAS-TO-POWER PROJECT
Depth
0
45 m
850 m
Wells
Two 16” wet gas
flowlines
Offshore Platform
24” dry gas
pipeline
Batangas onshore gas processing
plant
Subsea mainfold
2,700 MW
Power Plants
MALAMPAYA DEEP WATER GAS-TO-POWER PROJECT
A 504-km subseapipeline will bring Malampaya natural gas from offshorePalawan to Luzon
SUBSEA PIPELINE
FINANCIAL IMPACT OF MALAMPAYA GAS PROJECT
• Govt Revenues (20 yrs) US$ 8.1 B• Savings :
– Forex US$4.5 B– Electricity 2.2
B– Environmental 1.1
B
This corridor is composed of more prospective areas near the Malampaya gas field
THE CORRIDOR OF FOCUS
THE EMERGING NATURAL GAS INDUSTRY
Malampaya Gas to Power ProjectIlijan
Sta Rita
San Lorenzo
Other Power Plants
Ind’l. Plants
Transp. Sector
CNG/LNG Tankers
Gas Receiving Plants
Gas Wells
Gas Plants
Trans-ASEAN Gas Pipeline
Bldgs.Distribution Cos.
Traders / Marketers
Renewable Energy:
GEOTHERMAL POWER DEVELOPMENT
PACIFIC RING OF FIRE
GEOTHERMAL POWER IN THE PHILIPPINES
• Installed capacity of 1,931 Mwe
• Leyte Geothermal Field - world’s largest geothermal plant for wet steam
• 2nd largest user of geothermal energy resources for power generation
• Potential of 730 MW from 11 explored prospect areas
112.5 MW Tongonan I Power Plant
1 x 60 MW Mahanagdong B Geothermal Power Plant
WITHIN THE LARGEST GEOTHERMAL FIELDS
NEW RENEWABLE ENERGY DEVELOPMENT
Wind Energy
Solar Energy
Ocean Energy
WIND POWER POTENTIAL SITES
Philippine wind energy potentialcould be as much as 70,000 MW , with high potential wind energyutilization in the following areas:
Ilocos, Mt. Province, Cuyo Is.,Batanes, Catanduanes, Tagaytay,Lubang and Cabra Is., W. Batangas,Guimaras, Masbate, NE NegrosOccidental and Palawan
• Located in Northern Philippines
• Project cost of US$ 54 Million
• Largest wind farm in Southeast Asia
• Installation of 56 units of 750 kW wind turbine generators
40 MW WIND FARM
Translating Goals to Strategies
• Large-scale utilization of NRE sources
• Promotion of energy efficiency and conservation
• Adoption of environment energy systems; and
• Establish synergy between energy development & environmental concerns
INTEGRATED ENERGY-ENVIRONMENT APPROACH
POWER SECTOR REFORMS
MAJOR FEATURES OF THE POWER REFORM ACT
• Privatization of National Power Corporation generating assets
• Creation & privatization of Transmission Company (TRANSCO)
• Creation of Power Sector Asset and Liabilities Management Corporation (PSALM)
• Wholesale Electricity Spot Market
NEW POWER STRUCTURE
• Creation of several Gencos clusters
• Unbundling of electricity tariffs for transparency
• Opening up of high voltage transmission lines for easy access of distributors and large consumers
• Opening up of distribution lines for competitive consumers
COLLABORATIVE ACTIONSIN ASEAN . . .
ASEAN PLAN OF ACTION FOR ENERGY COOPERATION
• Interconnection of energy infrastructure
• ASEAN Power Grid
• Trans-ASEAN Gas Pipeline
• Economic integration
–Regional sustainability
–Supply security
MALAMPAYA’S LINK TO TRANS-ASEAN GRID
• Vast energy potential in various energy sources
• New laws and policies promulgated
• Government’s firm commitment to energy development and industry deregulation
• Economic viability of energy-related projects with 5% to 6% p.a. electricity demand growth
WHY IS PHILIPPINE ENERGYSECTOR ATTRACTIVE?
THANK YOU!
www.doe.gov.ph