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Tuesday, March 19, 2024

Energy Department authorizes SMC’s 6,491-MW LNG project to proceed with grid impact study

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The Department of Energy approved the application of several big-ticket power projects, including the 6,491-megawatt liquefied natural gas plant of San Miguel Corp., to conduct a grid impact study.

San Miguel Electric Corp. is developing an LNG power plant with 12 units and a 541-MW per unit capacity in Barangay Tanza, Navotas. San Miguel president Ramon Ang confirmed the project, saying it is “the plan for next 25 years.”

The 1,200-MW offshore wind project of Giga Ace 7 Inc. and the 1,248-MW Manila Bay wind plant of Gigawind5 Inc. also secured approvals to conduct grid impact studies.

Others that received approval from the DOE are the wind projects of ACX3 Capital Holdings Inc. in Lucena (475 MW), Tayabas (275 MW) and Camarines Sur (500 MW).

San Miguel also received the go-signal to conduct the grid impact study on its 300-MW Sangali LNG project in Zamboanga City.

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Prestige Power Resources Inc. obtained the go-signal to conduct the study on its 600-MW Tabangao LNG power plant in Leyte.

Also approved were Therma Marine Inc.’s 48 MW Nasipit energy storage project in Agusan del Norte, Camsur II Wind Energy Corp.’s 200 MW energy storage in Pangasinan, Earth Sol Power Corp.’s San Lorenzo offshore wind (593 MW), Bagac Bay onshore wind project (300 MW) and San Enrique offshore wind project (500 MW).

Other projects that secured the department’s approval are Reliance Energy Development Inc.’s 300-MW coal project in Negros Occidental, Gigawind2 Inc.’s 150-MW Pantabangan wind project in Nueva Ecija, Giga Ace’s 100-MW solar project in Zambales, Total Power Inc.’s 280-MW solar project in Leyte, Cleantech Global Renewables Inc.’s 125-MW wind project in Quezon, Lihangin Wind Energy Corp.’s 300-MW solar project, ACX3 Capital’s 600-MW wind project in Occidental Mindoro and Belgrove Power Corp.’s 1,200 MW LNG power plant in Rizal.

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