Cebu Energy power station
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Cebu Energy power station is an operating power station of at least 246-megawatts (MW) in Toledo City, Cebu, Central Visayas, Philippines.
Location
Table 1: Project-level location details
Plant name | Location | Coordinates (WGS 84) |
---|---|---|
Cebu Energy power station | Toledo City, Cebu, Central Visayas, Philippines | 10.387158, 123.641023 (exact) |
The map below shows the exact location of the power station.
Unit-level coordinates (WGS 84):
- Unit 1, Unit 2, Unit 3: 10.387158, 123.641023
Project Details
Table 2: Unit-level details
Unit name | Status | Fuel(s) | Capacity (MW) | Technology | Start year |
---|---|---|---|---|---|
Unit 1 | operating | coal: lignite | 82 | subcritical | 2010 |
Unit 2 | operating | coal: lignite | 82 | subcritical | 2010 |
Unit 3 | operating | coal: lignite | 82 | subcritical | 2011 |
Table 3: Unit-level ownership and operator details
Unit name | Owner | Parent |
---|---|---|
Unit 1 | Cebu Energy Development Corp [100%] | Manila Electric Co [52.2%] |
Unit 2 | Cebu Energy Development Corp [100%] | Manila Electric Co [52.2%] |
Unit 3 | Cebu Energy Development Corp [100%] | Manila Electric Co [52.2%] |
Background
The 246 MW Cebu Energy power station consists of 3 x 82MW coal-fired generators.[1] Units 1 & 2 began operating in 2010, and Unit 3 began operating in 2011. The station is operated by Cebu Energy Development Corporation.[2] The project was estimated to cost P23 billion (approximately 500 million USD).[3]
In November 2022, it was reported that the power station ranked first among all coal-fired power plants in the country for compliance with the rules of the Philippine Wholesale Electricity Spot Market. This was an award for efficiency and quality, and the plant was described as "clean" despite burning fossil fuels.[4]
As of November 2023, all three units were still operating, as listed by the DOE. [5]
In January 2024, analysis by TransitionZero identified the Cebu Energy power station as a potential candidate for early retirement.[6][7]
Plant ownership
Cebu Energy Development Corporation is a subsidiary of Global Business Power Corp. Initially, Global Business Power Corp. was jointly owned by Beacon PowerGen Holdings (56%), JG Summit Holdings (30%), and Meralco PowerGen Corp. (14%). In December of 2020, Meralco announced that it had acquired full ownership of Global Business Power Corp. by purchasing the 86% stake held by Beacon and JG Summit for P34.466 billion (approx. 720 million USD).[8]
Articles and Resources
References
- ↑ Cebu Energy Development Corporation, Global Business Power Corporation, Accessed June 2, 2021
- ↑ LIST OF EXISTING POWER PLANTS (GRID-CONNECTED) AS OF DECEMBER 2020, Philippines Department of Energy, Dec. 31, 2020
- ↑ AJ de la Torre, CEDC fires up first boiler, PhilStar Global, Jan. 19, 2010
- ↑ PEMC acclaims MGen units for exemplary compliance, The Manila Times, Nov. 1, 2022
- ↑ List of Existing Power Plants -- Visayas, Department of Energy, August 31, 2023
- ↑ Early retirement for Philippine coal plants significantly cuts CO2 emissions, avoids stranding risks, TransitionZero, January 18, 2024
- ↑ Early decommissioning of coal plants beneficial— climate data org, Power Philippines, January 19, 2024
- ↑ Alena Mae S. Flores, Meralco says sale price of GBPC is fair, reasonable, Manila Standard, Dec. 28, 2020
Additional data
To access additional data, including an interactive map of coal-fired power stations, a downloadable dataset, and summary data, please visit the Global Coal Plant Tracker on the Global Energy Monitor website.