Investment

Opportunities in the
Philippine Energy
Sector

Investment Promotion Office

Department of Energy
Investment Opportunities
Power
Oil & Gas
Coal
Natural Gas
Alternative Fuels
Renewable Energy
Power
 POWER SITUATIONER
LUZON VISAYAS MINDANAO PHILIPPINES
FUEL TYPE
MW* % Share MW % Share MW % Share MW % Share
Coal 4,531 35.42 806 32.74 232 10.87 5,568 32.02
Oil Based 2,020 15.79 670 27.24 697 32.65 3,388 19.48
Natural Gas 2,861 22.37 1 0.04 0 0 2,862 16.46
Geothermal 844 6.60 915 37.19 108 5.08 1,868 10.74
Hydro 2,464 19.26 11 0.46 1,061 49.68 3,536 20.34
Wind 33 0.26 0 0 0 0 33 0.19
Biomass 38 0.30 44 1.80 36 1.68 119 0.68
Solar 13 0.53 1 0.05 14 0.08
TOTAL 12,792 2,461 2,135 17,387

Source: DOE List of Existing Power Plants as of June

Interconnection Line Capacity 2014
• Leyte-Luzon (440 MW) •
•
Includes embedded generators

• Leyte-Cebu (400 MW)

Excludes off-grid generators

• Leyte-Bohol (100 MW)

• Cebu-Negros (200 MW)
• Negros-Panay (100 MW)
 MINDANAO POWER
SUPPLY and DEMAND OUTLOOK
2014-2020
 MINDANAO SUPPLY-DEMAND OUTLOOK 2014-2020
2014 2016 2017
Sep: 26.1 MW Peak Power Feb: 40 MW Biomass Jan: 1.6 MW Phil Bio
May: 25 MW Lake Mainit HEP Mar: 9 MW Limbatangon HEP
2015
Jun: 135 MW FDC Coal U1 540 MW PSAGCORP
Mar: 150 MW Therma South 1
150 MW Therma South 2 Sep: 135 MW FDC Coal U2
Sep:30 MW Puyo HEP 150 MW SMC Davao P1-2
100 MW Sarangani Coal 1 Nov: 100 MW Sarangani Coal U2
Dec:150 MW SMC Davao P1-1 Dec: 135 MW FDC Coal U3

Actual

Notes
a. Required Reserve Margin (RM) i.e. 4% regulating reserve and contingency and dispatchable reserve requirement
b. 5.6 % peak demand growth rate resulted from observed 0.8 elasticity ratio of demand for electric power with national economic growth
applied to 7 percent GDP growth rate (GR) target for 2014-2015.
c. 12.8 % peak demand growth rate resulted from observed 1.6 elasticity ratio of demand for electric power with national economic growth
applied to 8 percent GDP growth rate (GR) target for 2016
d. 8 % peak demand growth rate resulted from observed 1 elasticity ratio of demand for electric power with national economic growth applied
to 8 percent GDP growth rate (GR) target for 2017-2020
e. Assumed monthly average forced outage of the total available capacity
f. Factored 2014-2016 Grid Operating and Maintenance Program (GOMP) of NGCP, as submitted to NGCP Q2 2014
 COMMITTED POWER PROJECTS
Mindanao Grid Committed Power Projects, 1,876.7 MW
Target
Rated Capacity Target Testing &
Type Name of the Project Project Proponent Mother/ JV Company Location Commercial
(MW) Commissioning
Operation

National Highway,
3x6.97 PSI MW Bunker- Peak Power Soccsargen, Peak Power Energy Inc.
OIL Brgy.Apopong, General 20.9 Aug-14 Sep-14
Fired Power Plant Inc. (PSI) (subsidiary of A Brown)
Santos City

ASELCO Compound,
1x5.2 MW PSFI Bunker- Peak Power San Peak Power Energy Inc.
OIL Brgy. San Isidro,San 5.2 Aug-14 Sep-14
Fired Power Plant Francisco (PSFI) (subsidiary of A Brown)
Francisco, Agusan del Sur

Brgy. Binugao, Toril,

2 X 150 MW Coal-Fired
Aboitiz Power Davao City and Brgy. U1 – Nov 2014 U1 & U2 - Mar
COAL Therma South Energy Therma South Inc. 300
Corporation Inawayan, Sta. Cruz, U2 – Nov 2014 2015
Project
Davao Del Sur

2 X 100 MW Southern
Sarangani Energy Alsons Power Brgy, Kamanga, Maasim, Unit 1 Sep-15
COAL Mindanao Coal Fired 200 Feb-15
Corporation Corporation Sarangani Unit 2 Nov-16
Power Station

Puyo Hydroelectric Power First Gen Mindanao First Gen Power Jabonga, Agusan del
HYDRO 30 Jul-15 Sep-15
Project Hydropower Corp. Corporation Norte

San Miguel
SMC Davao Power Plant San Miguel Consolidated Brgy. Culaman, Malita, U1 - Oct 2015 U2 U1 - Dec 2015
COAL Consolidated Power 300
Project Phase I Power Corporation Davao del Sur - Jul 2016 U2 - Sep 2016
Corporation
 COMMITTED POWER PROJECTS
Mindanao Grid Committed Power Projects, 1,876.7 MW
Rated Target Testing Target
Mother/ JV
Type Name of the Project Project Proponent Location Capacity & Commercial
Company
(MW) Commissioning Operation
10 MW Kalilangan Bio-
Energy Corporation Kalilangan Bio-Energy Kalilangan Bio- FIBECO, Anahawan,
BIOMASS 10 Dec-15 Feb-16
Multi Feedstock Power Corporation Energy Corporation maramag, Bukidnon
Generating Facility
10 MW Don Carlos Bio-
Energy Corporation Don Carlos Bio- Don Carlos Bio- FIBECO, Anahawan,
BIOMASS 10 Dec-15 Feb-16
Multi Feedstock Power Energy Corporation Energy Corporation maramag, Bukidnon
Generating Facility
10 MW Malaybalay Bio-
Energy Corporation Malaybalay Bioenergy Malaybalay Bioenergy FIBECO, Anahawan,
BIOMASS 10 Dec-15 Feb-16
Multi Feedstock Power Corporation Corporation maramag, Bukidnon
Generating Facility
15 MW LPC Biomass Lamsan Power Lamsan Power
BIOMASS Maguindanao 10 Dec-15 Feb-16
Power Plant Project Corporation Corporation
Agusan Power Jabonga, Agusan del
HYDRO Lake Mainit Tranzen Group Inc. 25 Mar-16 May-16
Corporation Norte
3 X 135 MW FDC-
U1 – Dec 2015 U1 – Jun 2016
Misamis Circulating Phividec Industrial
U2 – Mar 2016 U2 – Sep 2016
COAL Fluidized Bed (CFB) FDC Utilities, Inc. FDC Utilities, Inc. Estate, Villanueva, 405
U3 – Jun 2016 U3 – Dec 2016
Coal-Fired Power Plant Misamis Oriental
Project
Limbatangon Turbines Resources
Turbines Resource & Cagayan de Oro City,
HYDRO Hydroelectric Power and Development 9 Jan-17 Mar-17
Development Corp. Misamis Oriental
Project Corp. (TRDC)
PsagCorp Coal-Fired GN Power Kauswagan, Lanao del
COAL GN Power Ltd. Co. 540 Dec-16 Mar-17
Power Plant Kausawagan Norte
3 MW Biomass Philippine Trade Philippine Trade
BIOMASS Maguindanao 1.6 TBA TBA
Cogeneration Facility Center, Inc. Center, Inc.
TOTAL 1,876.70
 INDICATIVE POWER PROJECTS
Mindanao Grid Indicative Power Projects, 1,726.6 MW
Rated Capacity
Name of the Project Project Proponent Mother/ JV Company Location Target Commissioning
(MW)
Davao del Norte 20 MW
Circulating Fluidized Bed Maco, Davao del
FDC Utilities, Inc. FDC Utilities, Inc. 20 Mar-15
Biomass-Coal Fired Norte
Thermal Power Plant
Brgy. Culaman,
300 MW SMC Davao Power San Miguel Consolidated Power San Miguel Consolidated 150 MW - Oct. 2015
Malita, Davao del 300
Plant Project Phase I Corporation Power Corporation
Sur 150 MW - March 2016
ZAM 100 MW Circulating Sitio San Ramon,
Fluidized Bed (CFB) Coal- San Ramon Power Inc. Mapalad Power Corporation Bgry. Talisayan, 100 Dec-15
Fired Power Station Zamboanga City
Sibuguey Power Plant Philippine National Oil Company Philippine National Oil Sibugay,
100 Sep-16
Project (PNOC-EC) Company (PNOC) Zamboanga
2x55 MW Balingasag
Thermal Power Plant Brgy. Mandangoa,
(Circulating Fluidized Bed Minergy Coal Corporation Minergy Balingasag, 110 Jan-17
Combustion (CFBC) Coal- Misamis Oriental
Fired Power Plant Plant)
Brgy. Culaman,
600 MW SMC Davao Power San Miguel Consolidated Power San Miguel Consolidated 300 MW - Dec 2019
Malita, Davao del 600
Plant Project Phase III Corporation Power Corporation
Sur 300 MW - Dec 2020
Brgy. Culaman,
300 MW SMC Davao Power San Miguel Consolidated Power San Miguel Consolidated
Malita, Davao del 300 Dec-20
Plant Project Phase II Corporation Power Corporation
Sur
TOTAL COAL 1,530.00
Energy Development Energy Development Kidapawan, North
Mindanao 3 Geothermal 50 Dec-17
Corporation Corporation Cotabato
TOTAL GEO 50
 INDICATIVE POWER PROJECTS
Mindanao Grid Indicative Power Projects, 1,726.6 MW

Rated Capacity
Name of the Project Project Proponent Mother/ JV Company Location Target Commissioning
(MW)
Impasugong &
First Gen Mindanao First Gen Power
Tagoloan Hydropower Sumilao, 39 Oct-15
Hydropower Corp. Corporation
Bukidnon
Bubunawan Hydroelectric First Gen Mindanao First Gen Power Baungon and
23 Oct-15
Power Project Hydropower Corp. Corporation Libona, Bukidnon
Tumalaong Hydroelectric First Gen Mindanao First Gen Power Baungon,
9 Oct-15
Power Project Hydropower Corp. Corporation Bukidnon
Cabadbaran Hydroelectric First Gen Mindanao First Gen Power Cabadbaran,
9.75 Dec-15
Power Project Hydropower Corp. Corporation Agusan del Norte
Pasonanca Philcarbon, Inc. Philcarbon, Inc. Zamboanga City 0.1 Mar-17

Culaman Hydroelectric Oriental Energy and Power Oriental Energy and Power Manolo Fortich,
10 Jun-18
Power Project Generation Corporation Generation Corporation Bukidnon
TOTAL HYDRO 90.8
Digos Solar Photovoltaic Enfinity Philippines Renewable Digos City, Davao
Enfinity 10 Oct-14
Power Project Resources, Inc. del Sur
Darong Solar Photovoltaic Sta. Cruz, Davao September 2015 (Subject
PhilNew Energy Inc. PhilNew Energy Inc. 35
Power Project del Sur to FIT)
TOTAL SOLAR 45
12 MW Biomass Power Misamis Oriental Bio-Energy Misamis Oriental Bio-
Misamis Oriental 10.8 2015
Plant Project Corporations Energy Corporations
TOTAL BIOMASS 10.8

TOTAL 1,726.60
 SUMMARY – Mindanao Power Projects
Summary of Power Projects
Note: Target Commissioning
In red – no Target Commissioning

Mindanao - Committed
Plant Type 2014 2015 2016 2017 2018 2019 2020 TOTAL by Type
COAL 550 655 540 1,745.00
OIL-BASED 26.1 26.1
HYDRO 30 25 9 64.00
BIOMASS 40 1.6 41.60
TOTAL by year 26.1 580.0 720 550.6 0.00 0.00 0.00 1,876.7

Mindanao - Indicative
Plant Type 2014 2015 2016 2017 2018 2019 2020 TOTAL by Type
COAL 120 400 310 700 1,530.00
GEO 50 50.00
HYDRO 81 0.1 10 90.80
SOLAR 10 35 45.00
BIOMASS 11 10.80
TOTAL by year 10.00 246.55 400.00 360.05 710.00 0.00 0.00 1,726.60
Oil & Gas
 Petroleum Basin There are 16
Sedimentary basins
Prospectivity Map representing an area of

Most Prospective Basins over 700,000 sq km .

1. NW Palawan Basin
2. SW Palawan Basin
3. Sulu Sea Basin
4. Cagayan Basin
5. Visayan Basin
6. Central Luzon Basin
7. Mindoro-Cuyo Platform
Prospective Basins
1. East Palawan Basin
2. Reed Bank Basin
3. SE Luzon Basin
4. Agusan-Davao Basin
5. Cotabato Basin
Frontier Basins
1. West Luzon Basin
2. West Masbate-Iloilo Basin
3. Ilocos Basin
4. Bicol Shelf Basin
 Petroleum Service
Contacts
SERVICE AREA
CONTRACT LOCATION COVERAGE OPERATOR
(SC) NO. (has)
SC-6 NW Palawan 3,397.186 CADCO
SC-6A NW Palawan 108,146.58 Pitkin Petroleum Plc.
SC-6B NW Palawan 53,293.945 The Philodrill Corp.
The Philodrill / Galoc /
SC-14 NW Palawan 70,887.52
RMA (Hk.) Ltd.
SC-37 Cagayan Basin 36,000 PNOC-EC
SC-38 NW Palawan 83,000 SPEX BV
SC-40 North Cebu 458,000 Forum Exploration Inc.
SC-44 Central Cebu 75,000 Gas2Grid
SC-47 Offshore Mindoro 1,048,000 PNOC-EC
SC-49 South Cebu 265,000 CIMP
SC-50 NW Palawan 128,000 Frontier Energy Ltd.
SC-51 East Visayan 332,000 Otto Energy
SC-52 Cagayan Basin 96,000 Frontier Energy
SC-53 Onshore Mindoro 660,000 Pitkin Petroleum
SC-54A NW Palawan 401,616.15 Nido Petroleum
SC-54B NW Palawan 312,000 Nido Petroleum
SC-55 West Palawan 900,000 Otto Energy
SC-56 Sulu Sea Basin 684,000 Mitra Energy
SC-57 NW Palawan 712,000 PNOC-EC
SC-58 NW Palawan 1,344,000 Nido Petroleum
SC-59 SW Palawan 1,476,000 BHP-Billiton Petroleum
SC-62 East Palawan 1,302,000 PSSGI
SC-63 SW Palawan 1,056,000 Nido Petroleum
SC-64 Sulu Sea Basin 1,264,940 Ranhill Energy
SC-69 Visayan Basin 528,000 Otto Energy
Central Luzon
SC-70 684,000 Polyard Petroleum
Basin
SC-72 Recto Bank Basin 1,063,000 Forum (GSEC101)
Mindoro-Cuyo
SC-73 844,000 Otto Energy
Basin
SC-74 NW Palawan 424,000 Pitkin Petroleum Plc.
SC-75 NW Palawan 616,000 Philex Petroleum Corp.
Oil & Gas Petroleum in
Mindanao
Sedimentary Basins
1. Sulu Sea Basin
2. Agusan-Davao Basin
3. Cotabato Basin

Petroleum Service Contracts

1. SC 56 – Mitra Energy Sulu Sea Basin
Cotabato Basin
2. SC 64 – Ranhill Energy SC
56

Agusan Davao Basi

SC
64
 PECR 5
Areas for Offer
BASIN AREAS
SOUTHEAST AREA 1
LUZON
MASBATE- AREAS 2 & 3
ILOILO
NORTHEAST AREAS 4 & 5
PALAWAN
SOUTHEAST AREA 6
PALAWAN
RECTO BANK AREA 7

WEST LUZON AREAS 8,9,10

& 11
Coal
Coal in Mindanao

Coal Basins Coal Operating Contracts

1. Surigao Coal Basin Exploration - 20 Active Explo COCs
1. Resource Potential: 209.00
Development & Production – 12
2. In Situ Reserves: 69.55
Active DP COCs
2. Davao Coal Basin Surigao
1. Resource Potential: 100.00
2. In Situ Reserves: 0.21
3. Zamboanga Coal Basin
1. Resource Potential: 45.00
2. In Situ Reserves: 37.98 Zamboanga
4. Cotabato - Saranggani Basin
1. Resource Potential : 758.70
2. In Situ Reserves: 81.06
Davao
COAL OPERATING CONTRACTOR
(EXPLORATION)
COAL OPERATING CONTRACTOR
DEVELOPMENT / PRODUCTION
 PECR5 Areas
for Offer
• Nominated by private companies
• Previously offered areas in PECR
4 with no winning applicants
• Located in traditional coal mining
provinces in the following Coal
Regions in Mindanao:
a. Surigao Coal Region
b. Agusan-Davao Coal Region
c. Zamboanga Coal Region
d. Cotabato-Saranggani Coal
Region
Natural Gas
 Natural Gas Industry
560 MW San Lorenzo First Gen
Malampaya Gas Field IPP
2.7 TCF (2001)

1,000 MW Sta. Rita

First Gen/ IPP

Natural Gas Vehicles

Program for Public
Transport (NGVPPT)
•200 buses in the 1,200 MW Ilijan Power Plant
Southern Luzon- NPC IPP(KEPCO)
Manila route
•serviced thru the
South Expressway
NGV Refueling Station
•at a fixed/discounted
price for 7 yrs.

CNG Bus (2008) Shell Refinery

 NATURAL GAS BATMAN 2
(Bataan - Manila)
140 kms. (2020)

ET LOOP
 Develop strategic (EDSA – Taft Loop)
infrastructure for 40 kms. (2020)

receiving, storage, SU-MA

(Sucat - Malaya)
transmission and 35 kms. (2017)
distribution
BATCAVE
(Batangas – Cavite)
 Promote use of natural 40 kms (2022)

gas beyond power BATMAN 1

(Batangas Manila)
 Serve as major 80-100 kms. (2015-17)

alternative fuel for

transport especially
public transport
NATURAL GAS – LNG
Terminals

MINDANAO
Alternative Fuels
Compressed Natural Gas
Fuel Displacement & CO2 Avoidance
Particulars
2010 2011

CNG  41 CNG fed buses  2,703,068 liters  3,259,582 liters

commercially operating along of diesel of diesel
Batangas-Laguna-Manila route equivalent equivalent

 6 Certificates of Accreditation  1,529,823 kg  1,844,787 kg

issued CNG Bus Operators (KL CO2 CO2
CNG, RRCG, BBL, HM Transport,
N. dela Rosa Liner and
Greenstar Express)

 2 Certificates of Authority to
Import 10 CNG Buses each
issued for RRCG and N. dela
Rosa Liner

Targets: 15,000 units CNG buses; 16,000 units CNG taxis by 2030; 150
refilling stations nationwide
Natural Gas

 CNG Daughter Station in Mamplasan, Binan, Laguna

• 41 buses from 7 accredited bus operators plying Batangas/Laguna
to Manila
 PNOC-EC will install 2 modular Daughter Stations in
Laguna and Batangas
Auto-LPG
Fuel Displacement & CO2 Avoidance
Particulars
2010 2011

Auto-LPG  17,500 units of taxis converted  127 Million  136 Million

to LPG as of end-2010 liters of liters of
gasoline gasoline
 19,052 units of taxis converted displacement displacement
to LPG as of end-2011
 127,160 metric  138,437 metric
 31 LPG conversion shops tons (MT) CO2 tons (MT) CO2

 222 auto-LPG refilling stations

available nationwide

Area/ Region Public Stations Garage Based Bulk Suppliers

Metro Manila 102 35 0

Luzon 6 2 4
Visayas 26 20 1
Mindanao 16 9 1
Total 150 66 6
E-Vehicles

 523 existing electric vehicles

 Target: 100,000 e-trikes nationwide
through a loan Agreement
between the Philippine
Government through Department
of Finance and the Asian
Development Bank
 First batch: 500 e-trikes
Renewable
Energy
Awarded RE Projects
as of 30 September 2014
POTENTIAL CAPACITY INSTALLED CAPACITY
AWARDED PROJECTS
RESOURCES MW MW
Grid-Use Own-Use Grid-Use Own-Use Grid-Use Own-Use
Hydro Power 389 1 6,160.01 1.50 118.93
Ocean Energy 5 25.00
Geothermal 41 750.00 1,866.19
Wind 58 1 2,054.40 0.006 33.00
Solar 84 5 1,354.15 1.594 22.00
Biomass 42 25 333.45 5.80 147.80 143.18
Sub-Total 619 32 10,677.016 8.90 2,187.92 143.18
TOTAL 651 10,685.916 2,331.10
 Pending RE Projects
as of 30 September 2014
PENDING POTENTIAL CAPACITY INSTALLED CAPACITY
RESOURCES APPLICATIONS MW MW
Grid-Use Own-Use Grid-Use Own-Use Grid-Use Own-Use
Hydro Power 115 920.80 697.80
Ocean Energy 1 6.00
Geothermal 2 60.00 -
Wind 2 - -
Solar 11 2 146.50 -
Biomass 6 1 103.50 1.00 -
Sub-Total 137 3 1,236.80 1.00 697.80 -
TOTAL 140 1,237.80 697.80
 Renewable Energy
FIT Rates & Installation Targets
ERC APPROVED FEED- ERC APPROVED
RESOURCE / INSTALLATION
IN-TARRIFF RATES FEED-IN-TARRIFF
TECHNOLOGY TARGETS
(PhP/ kWh) RATES (US$/ kWh)
Run-of-River
5.9 0.14 250
Hydropower
Biomass Energy 6.63 0.158 250
Wind Power 8.53 0.203 200
Solar Power 9.68 0.23 50
Ocean Energy - 11 10
Total 760
• FIT Rules approved by ERC on 12 July 2010 and took effect on 12 August 2010
• ERC approved the FIT Rates on 27 July 2012
• Issuance of DC 2013-05-009 prescribing DOE Guidelines for the Selection Process of
Renewable Energy Projects Under FIT System and the Award of Certificate for FIT Eligibility
 Renewable Energy Development
FIT Monitoring Board (as of August 31, 2014)

WITH CERTIFICATE OF CONFIRMATION OF COMMERCIALITY

RESOURCE

NO. OF PROJECTS CAPACITY (MW)

HYDRO 37 331.35
WIND 12 720.40

SOLAR 7 160.00
BIOMASS 9 126.701
TOTAL 65 1,338.451
Note:
• Department Circular No. 2009-07-0011 entitled “Guidelines governing a transparent and competitive
system of awarding renewable energy service/operating contracts and providing for the registration
process or RE developers” is currently being revisited to facilitate the processing of RE Applications.
• FIT Rules approved by ERC on 12 July 2010 and took effect on 12 August 2010
• ERC approved the FIT Rates on 27 July 2012
• Issuance of DC 2013-05-009 prescribing DOE Guidelines for the Selection Process of Renewable
Energy Projects Under FIT System and the Award of Certificate for FIT Eligibility
THANK YOU