Napocor project cushions oil-price increases in Visayas
Manila Bulletin
May 6, 2006
CEBU CITY - Maximizing the use of the Leyte-Cebu Interconnection Uprating Project (LCIUP) has helped cushion the impact of oil price increases in the Visayas.
Dr. Alan Ortiz, chief executive officer of the project, said that the completion of the LCUIP in 2005 has saved the government some R500 million a month through the harnessing of full potential of the indigenous power in Leyte.
Eduardo Eroy, National Power Corp. (Napocor) vice president for the Visayas, said that the optimum use of the geothermal power in Leyte and Oriental Negros has earned for Napocor monthly savings of some R200 million.
The two officials said that with the full use of the Leyte-Cebu Interconnection, more expensive and oil-guzzling power plants in the Visayas were shutdown. In Cebu, for example, the land-based gas turbine plants 1 and 2 in Naga has been placed on economic shutdown since the commercial operation of the Leyte-Cebu Interconnection.
Another coal-fired power plants, the Cebu thermal power plant and some of the diesel units in Naga that were maintained and operated by Salcon Power Plant were also placed on economic shutdown and served only as back-up supply.
Cyril del Callar, Napocor president, said that the increasing cost of fuel has prompted the power firm to maximize the use of oil-based power plants that accounted only 14 percent of the total generation in 2005.
Meanwhile, Ortiz reported that Transco has now shifted its focus on projects that would use geothermal energy, especially on Panay Island where demand for power is high.
He bared that only recently, Transco completed the Panay-Boracay Interconnection project that is expected to boost the power supply of the top tourist destination of the country (Boracay).
Energy Secretary Raphael Lotilla said recently that oil prices are expected to increase in June and July as crude prices in the world market continue to soar.
He said, however, that the government is doing its best to cushion the impact by promoting alternative sources of energy and implementing austerity measures in government offices.
May 6, 2006
CEBU CITY - Maximizing the use of the Leyte-Cebu Interconnection Uprating Project (LCIUP) has helped cushion the impact of oil price increases in the Visayas.
Dr. Alan Ortiz, chief executive officer of the project, said that the completion of the LCUIP in 2005 has saved the government some R500 million a month through the harnessing of full potential of the indigenous power in Leyte.
Eduardo Eroy, National Power Corp. (Napocor) vice president for the Visayas, said that the optimum use of the geothermal power in Leyte and Oriental Negros has earned for Napocor monthly savings of some R200 million.
The two officials said that with the full use of the Leyte-Cebu Interconnection, more expensive and oil-guzzling power plants in the Visayas were shutdown. In Cebu, for example, the land-based gas turbine plants 1 and 2 in Naga has been placed on economic shutdown since the commercial operation of the Leyte-Cebu Interconnection.
Another coal-fired power plants, the Cebu thermal power plant and some of the diesel units in Naga that were maintained and operated by Salcon Power Plant were also placed on economic shutdown and served only as back-up supply.
Cyril del Callar, Napocor president, said that the increasing cost of fuel has prompted the power firm to maximize the use of oil-based power plants that accounted only 14 percent of the total generation in 2005.
Meanwhile, Ortiz reported that Transco has now shifted its focus on projects that would use geothermal energy, especially on Panay Island where demand for power is high.
He bared that only recently, Transco completed the Panay-Boracay Interconnection project that is expected to boost the power supply of the top tourist destination of the country (Boracay).
Energy Secretary Raphael Lotilla said recently that oil prices are expected to increase in June and July as crude prices in the world market continue to soar.
He said, however, that the government is doing its best to cushion the impact by promoting alternative sources of energy and implementing austerity measures in government offices.
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