Cadiz City power station

From Global Energy Monitor

Cadiz City power station is a proposed 300-megawatt (MW) coal-fired power station in Negros Occidental province, the Philippines.

Location

The map below shows the project site, in Banquerohan Barangay, Cadiz City, Negros Occidental Province.[1]

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Background on Project

North Negros Energy Power, a subsidiary of Asia Pacific Energy Resources Ventures, is currently planning to build a single-unit coal-fired power plant with planned capacity of 150 MW in Negros Occidental Province, with plans to expand to a second 150-MW unit later.[2] The project is expected to cost P14 billion, or about $300 million.[3]

The project is intended to address the power shortage on the island of Negros, particularly in the wake of Typhoon Yolanda. According to company President Ceasar Lao-as, Asia Pacific Energy Resources Ventures, 14 potential investors have expressed in investing in the project. Among potential investors, South Korea's Kepco is a leading prospect. Lao-as said investors need to inject a capital equity estimated at $9.3 million or P404 million and can own up to 40 percent in the development stage and 100 percent in the operational level.[2] In October 2020 KEPCO announced that it would no longer fund new coal plants in other countries, with the exception of Vung Ang-2 power station in Vietnam and Jawa-9 and Jawa-10 power stations in Indonesia.[4]

Environmental permits for Unit 1 were issued in February 2015, at which time APERVI stated that it would be awarding the project's engineering, procurement, & construction (EPC) contract in May or June, following a bidding process. The unit was then slated to be completed in Q1 2017.[5] In March 2015 APERVI signed coal supply agreements with Energy Earth Public Co. of Thailand for supply of coal from Indonesia; the company stated that it planned to begin construction by late 2015 or early 2016.[6] A date for Unit 2 construction had not yet been set.[5]

In February 2016 Cadiz mayor Patrick Escalante expressed reservations about the project, saying the city had enough power, and that Negros Occidental was now primarily focused on renewable energy generation.[7] According to the Philippine Movement for Climate Justice (PMCJ) Mayor Escalante has since been less opposed to the plant and it remains in development.[8] However with no progress on the project in more than two years it appears to be shelved.

Provincial ban on coal plants

In March 2019 Gov. Alfredo G. Marañon Jr. signed Executive Order 19-08 banning new coal plants in Negros Occidental.[9] The Executive Order is a statement of policy and is not legally binding.[10]

Ownership

In 2014, Asia Pacific Energy Venture Inc. (Apervi) became part of Sparkling Commodities after Sparkling Commodities, a French company, acquired majority shares of Apervi through its subsdiary Sparkling Capital Ltd of Hong Kong.[11]

Coal terminal

Sparkling Commodities completed a coal terminal at the Cadiz City Port in 2014. It uses the terminal to deliver coal to Negros Occidental.[7]

Project Details

  • Sponsor: North Negros Energy Power Corp.
  • Parent: Asia Pacific Energy Resources Ventures (APERVI), owned by Sparkling Commodities
  • Location: Banquerohan Barangay, Cadiz City, Negros Occidental Province, Philippines
  • Coordinates: 10.95246, 123.33157 (exact)
  • Status: Shelved
  • Gross Capacity: 300 MW (Phase I Unit 1: 150 MW; Phase II Unit 2: 150 MW)
  • Type: Subcritical
  • Projected in service:
  • Coal Type:
  • Coal Source:
  • Source of financing:

Articles and resources

References

  1. Cadiz Coal-Fired Power Plant, Wikimapia, accessed Feb. 2015.
  2. 2.0 2.1 Mozo, Malou. Negros power plant open to partnership. Manila Bulletin, 4 Dec. 2013.
  3. Mozo, Malou. North Negros coal-fired power plant on schedule. Manila Bulletin, 23 Feb. 2015.
  4. “No more overseas coal power projects,” says South Korea’s Kepco, Global Construction Review, Oct. 16, 2020
  5. 5.0 5.1 Dagooc, Ehda. Power firm secures ECC to build coal-fired plant. Philippine Star, 23 Feb. 2015.
  6. Carla Gomez, 3 contracts inked for P15B coal plant, Visayan Daily Star, 31 Mar. 2015.
  7. 7.0 7.1 "Coal terminal boosts income of Cadiz City," Sun Star, February 26, 2016
  8. Communication with Philippine Movement for Climate Justice, June 2020
  9. NEGROS OCCIDENTAL BANS COAL-FIRED POWER PLANTS, Philippine Department of Energy, Mar. 6, 2019
  10. Coal ban not law but ‘strong policy’, Philippine Inquirer, Mar. 11, 2019
  11. Aileen Garcia-Yap, Apervi eyes aggressive expansions in power sector," Cebu Daily News, June 16, 2014

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External resources

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