San Miguel plants may begin operations by 2024

San Miguel

San Miguel Global Power Holdings Corp.’s first three units from its PHP 67 billion-worth 1,750-megawatt (MW) combined cycle power plants in Batangas will commence commercial operations by 2024, data from the Department of Energy (DOE) revealed.

In a report by BusinessMirror, SMC power arm San Miguel Global Power subsidiary Excellent Energy Resources Inc. (EERI) said that its liquified natural gas (LNG) power plant projects, two units with 437.5 MW capacity could be up by September next year, while the third unit with the same committed capacity is anticipated to be ready by December of the same year.

The gas plants are part of the energy firm’s 2027 target of 3,500 MW committed LNG power plants.

The Batangas Clean Energy Inc.’s 1,100 MW natural gas-fired plant is also expected to be launched by 2027 while the years-postponed Energy World Corp.’s 650-MW LNG plant commercial operation is yet to be identified.

San Miguel Global Power currently owns one of the five gas plants in operation under its other power unit Ilijan of South Premier Power Corp, (SPPC). The other four gas plants are owned by First Gen Corp., which are 1,000-MW Santa Rita, 500-MW San Lorenzo, 414-MW San Gabriel, and 97-MW Avion.

The energy department earlier issued four construction permits for LNG terminal and regasification projects to FGen LNG Corp., Energy World Gas Operations Philippines Inc. Corp., Luzon LNG Terminal Inc. (LLTI), and Linseed Field Corp., which also started supplying LNG to the Ilijan power plant.

The DOE has released a list of indicative LNG power plant projects from aspiring LNG players that include seven power projects expected to start by 2026 until 2030, which would add 7,748 MW in capacity to the power grid by 2030.

The seven LNG power plant projects include 1,200MW combined cycle gas-fired turbine (CCGT) San Francisco power plant of Quezon Power Philippines Ltd. Corp. in Mauban, Quezon; 450MW VIRES natural gas power plant of Vires Energy in Batangas; 1,200MW Quezon CC power plant of Orion Pacific Prime Energy Inc. in Quezon; 1,310MW Pagbilao 4 & 5 CCGT power plant of Therma Subic Inc. in Quezon; 1,200MW GN Power Sisiman LNG CC power plant of GN Power Ltd. Co. in Bataan; 1,260MW Santa Maria natural gas-fired CC plant of First Gen EcoPower Solutions Inc. in Batangas; and the 1,128MW CC gas-fired power plant of Global Luzon Energy Development Corp. in La Union.