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.

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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 Retired 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
Unit 1 Cebu Energy Development Corp (CEDC) [100.0%]
Unit 2 Cebu Energy Development Corp (CEDC) [100.0%]
Unit 3 Cebu Energy Development Corp (CEDC) [100.0%]

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]

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).[6]

Articles and Resources

References

  1. Cebu Energy Development Corporation, Global Business Power Corporation, Accessed June 2, 2021
  2. LIST OF EXISTING POWER PLANTS (GRID-CONNECTED) AS OF DECEMBER 2020, Philippines Department of Energy, Dec. 31, 2020
  3. AJ de la Torre, CEDC fires up first boiler, PhilStar Global, Jan. 19, 2010
  4. PEMC acclaims MGen units for exemplary compliance, The Manila Times, Nov. 1, 2022
  5. List of Existing Power Plants -- Visayas, Department of Energy, August 31, 2023
  6. 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.