PNOC RENEWABLES CORPORATION

Transcription

1 PNOC RENEWABLES CORPORATION YOUR PARTNER IN RENEWABLE ENERGY DEVELOPMENT Solar & Off-Grid South East Asia Conference 2015 November Bangkok Thailand

2 PHILIPPINE ENERGY SITUATIONER

3 R.A. No. 9513: RENEWABLE ENERGY ACT of 2008 Accelerate the development of the country s renewable energy resources by providing fiscal and non-fiscal incentives to private sector investors and equipment manufacturers / suppliers.

4 Charter: P.D. 334 There is hereby created body corporate to be known as PNOC. It may establish such offices, agencies, subsidiaries, branches or correspondents in the Philippines or abroad as its business operations would require. Thus, PNOC was established as a subsidiary in 2008.

5 Government Policy National Renewable Energy Program Increase RE-based capacity by 200% within the next 20 years ( ) Increase non-power contribution of RE to the energy mix by 10 MMBFOE in the next ten years Be the number one geothermal energy producer in the world (additional 1,495 MW) Be the number one wind energy producer in Southeast Asia (up to 2,500 MW) Double hydro capacity (additional 5,400 MW) Expand contribution of; biomass MW solar - at least 280 MW ocean energy at least 10 MW

6 PRIMARY ENERGY MIX * Solar/Wind Biofuels 0.02% 0.67% Biomass 16.17% Solar/Wind Biofuels 0.01% 0.78% Oil 31.44% Biomass 16.22% Geothermal 20.12% Oil 30.49% Geothermal 18.31% Coal 18.45% Hydro 5.82% Coal 22.25% Natural Gas 7.33% Renewable Energy (RE) % Share of Green Energy (RE+Nat Gas) 50.1 % Hydro 5.51% Natural Gas 6.42% Renewable Energy (RE) % Green Energy (RE + Nat Gas) 47.3 % * Preliminary as of August 2014

7 POWER GENERATION MIX 2012 Solar/Wind Biomass 0.11% 0.25% Hydro 14.06% Geothermal 14.06% Natural Gas 26.93% Coal 38.76% Oil-based 5.83% Total Generation: 72, GWh RE % Green Energy (RE + Nat Gas) 55.4 % 2013* Solar/Wind Biomass 0.28% 0.09% Hydro 13.24% Geothermal 12.74% Natural Gas 25.00% Coal 42.68% Oil-based 5.97% Total Generation: 75, GWh RE % Green Energy (RE + Nat Gas) 51.3 % * Preliminary as of August 2014

8 Department of Energy PNOC RC PNOC Exploration PNOC RC PNOC

9 VISION PNOC Corp will be a catalyst & prime mover for Philippine Renewable energy development by 2030.

10 PNOC RENEWABLES CORPORATION PROJECTS

11 PNOC RC has a 10% investment in the project The 20MW geothermal project was commissioned in Feb 2014 We are investing in the 10MW expansion, which will be operational in 2017 MINOR INVESTOR IN THE 20 MW MAIBARARA GEOTHERMAL PROJECT

12 100 kw PNOC RC & Philippine Heart Center Inauguration

13 100 kw PNOC RC & Philippine Heart Center Inauguration

14 100 kw PNOC RC & Philippine Heart Center Inauguration

15 WE TARGET TO HAVE 20 GOVERNMENT AGENCIES SIGNED-UP BY NEXT YEAR 15

16 Ground breaking in July 2014 Located at the Pampanga River Irrigation System (PRIS) Main in Rizal, Nueva Ecija National Devt Company Signed MOA with NIA 50% Investment Over 300 NIA Canals all over PH WE WILL SOON COMMISSION THE 1 MW RIZAL HYDRO PROJECT National Irrigation Admin NIA canal PNOC RC 50% investment + Project Implementation NEECO II Area-2 Offtaker

17 Located along the Super Diversion Canal Lateral C in the Science City of Munoz, Nueva Ecija Service Contract awarded in Feb 2014 Ongoing bidding for EPC contractor Target commissioning in 2017 NEXT IN THE PIPELINE IS THE 630KW MUÑOZ HYDRO PROJECT

18 WE CAN DEVELOP PROJECTS FROM START TO FINISH PRE-DEVELOPMENT STAGE Service Contract Award of contract area Pre-Dev Stage Studies Secure Permits Sales Agreement DEVELOPMENT STAGE Dev Stage Financial Closure Detailed Design Construction Commercial Operation WE CAN DEVELOP PROJECTS FROM START TO FINISH 18

19 WHAT ARE THE REQUIREMENTS? Foreign partners: Register the company in the Philippines Letter of Intent to either partner with PNOC RC or engage PNOC RC for its services Proof of Legal, Technical and Financial Capabilities 19

20 THANK YOU and get in touch: Website: Phone: +63 (02)