Cebu Energy power station
|This article is part of the GEM.wiki coverage of the The Philippines and coal|
The Cebu Energy power station is a 246-megawatt (MW) coal-fired power station in Cebu, the Philippines.  The power station is adjacent to the Toledo City power station; both plants are operated by subsidiaries of Global Business Power Corporation.
The aerial photo below shows the Cebu Energy power station in Barangay Sangi, Toledo City. The Toledo City power station can be seen directly to the east.
The Cebu Energy power station consists of 3 x 82MW coal-fired generators. Units 1 & 2 began operating in 2010, and Unit 3 began operating in 2011. The station is operated by Cebu Energy Development Corporation. The project was estimated to cost P23 billion (approximately 500 million USD).
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.
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).
- Sponsor: Cebu Energy Development Corporation
- Parent: MERALCO
- Location: Toledo City, Cebu, Central Visayas, Philippines
- Coordinates: 10.387157521600109, 123.64102289103212 (exact)
- Status: Operating
- Gross Capacity: 246 MW (Units 1-3: 82 MW)
- In service: Units 1-2: 2010; Unit 3: 2011
- Coal Type:
- Coal Source:
- Source of financing:
Articles and resources
- 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
- Alena Mae S. Flores, Meralco says sale price of GBPC is fair, reasonable, Manila Standard, Dec. 28, 2020