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Ocean Energy: Philippines
Ocean Energy: Philippines
ENERGY
PHILIPPINES
LOURDESIREE
LATIMER
President: Bell Pirie Power Corp (PH)
Director: Energy Island Bell Pirie Ltd. (UK)
Resource Person & Proponent: NREB/ERC/DOE
ENERGY ISLAND BELL PIRIE LTD (UK)
WAS FORMED AS A RESULT OF A COLLABORATION AMONG MAINLY UK
COMPANIES TO COMMERCIALISE OTEC:
Energy Island Ltd. ,Vega Consulting, Halcrow, Noble Denton (now DNV GL), Parsons Brinckerhoff
and the Univ. of Southampton - School of Engineering Sciences
DOE
INSTALLED TARGET: 10 MW
Like-for-like figures for 10 mw ocean
energy technologies - Philippines
Tidal Tidal Wave 3
OTEC 1 Current: 2 Current Base case:
Zambales low-band San 20kw/m
resource Bernardino
Source: DOE
TARGET OCEAN ENERGY ROADMAP
DRAFT, FEB 2016, NREP
MW, BY LOCATION
POTENTIAL
Commissioning Year CAPACITY
Location ADDITION
2016-2020 (MW) 2021-2025 (MW) 2026-2030 (MW) (MW)
LUZON 0 25 130 155
VISAYAS 0 8 8
MINDANAO 0 6 12 17
Total 0 31 150 181
Assumptions:
•2021-2025: The capacity additions indicated based on the RE Service Contracts awarded.
•2026-2030: Aspirational targets comprising of 100 MW (70% NCF) OTEC and 50 MW (NCF
30%)Tidal Current. The OTEC target assumes that the first 10 MW OTEC expected in 2022
may acquire a one-year operational and performance data needed to design and build the
next scale up at 100 MW. The Tidal Current target at 47 MW assumes conservatively that there
might be an uncertain limits to commercially viable tidal current sites and is subject to a
resource assessment study.
CURRENT PILOT
3
1 Onshore
Offshore platform transformer
Nearest transmission line
2
South China Sea
HUGE RESOURCE
DELTA T ZAMBALES
With French President F. Hollande, French co partners (DCNS, Akuo Energy) and local
partner PNOC – Renewable Corp
10 MW OTEC
HOW
COMPETITIVE
IS A 10 MW
OTEC?
ON-GRID
OTEC IS CHEAPER THAN FUEL OIL
MERALCO’s Generation Cost above P16.35/kWh
1 USD = 44 PHP
Month GWh Purchased Price PHP/kWh Supplier
Dec 2014 3.19 43.9804 (1 USD) TMO
Nov 2014 7.39 24.7244 (56 ¢) TMO
Sep 2014 22.64 35.5994 (81¢) WSEM
Aug 2014 19.77 43.0528 (97¢) WESM
Aug 2014 14.15 16.63 (37¢) TMO
Jul 2014 178.29 16.6643 (37¢) WESM
May 2014 115.32 16.3599 (37¢) WESM
Apr 2014 86.48 28.2998 (64¢) WESM
Mar 2014 85.78 21.5949 (49¢) WESM
Feb 2014 1.92 53.4955 (1.2 USD) TMO
Jan 2014 3.94 22.1472 (50¢) TMO
Source: MERALCO website, downloaded between Mar 2014 to Feb 2015