Showing posts with label aboitiz power. Show all posts
Showing posts with label aboitiz power. Show all posts

Wednesday, October 6, 2010

Aboitiz bent on building coal-powered plant in Davao City




Fresh from the development of the Sibulan Hydropower Plant in Davao del Sur, Aboitiz Power is now bent on developing another source of energy for Mindanao but this time it has set its eyes on the development of a non-renewable source namely a coal powered plant right in Davao City.

Aboitiz Power called for a press conference yesterday to announce its plan to establish a coal-powered plant in the city. Earlier, its executives met with Davao City mayor Sara Duterte and Vice Mayor Rodrigo Duterte and members of the City Council to get their pulse on the proposed coal-powered plant. They also met with members of the Chamber of Commerce and Industry. Inc. yesterday evening.

The proposed coal-powered plant, with an estimated cost of $400 million, is expected to bring in lots of investments and employment opportunities for the city, not to mention up to 200MW of power.

However, coal mines, from where the coals used to power the plants come from, are known to be the largest contributor to global warming and to climate change problems due to the mine's high emission of methane, carbon dioxide and other waste products including thorium, radioactive contaminants and uranium.

Coal mines are said to result to groundwater interference and water table levels and have high impact on the flow of water in rivers. Aboitiz is looking at Indonesia as its source of coal.

The combustion of coal, is seen as a large contributor to air pollution and acid rain. Erramon Aboitiz however admitted that coal-powered plants have earned a negative reputation in the 1930s but coal-powered plants now use more modern technologies and coal generation has become greener.

Coal-powered plants are however still know to produce emissions of sulfur dioxides, nitrogen and carbon dioxides in the air, thereby contributing to global warming and climate change.

For a city blessed with one of the cleanest waters in the world, having a coal-powered plant right on top of its aquifers can spell nightmare not only for Dabawenyos but for the whole world. But then again, it is still a question of priorities---power or environment.

Wednesday, September 9, 2009

$30M Power Barges to Ensure Mindanao's Power Supply



Aboitiz Power Corporation has recently purchase two power barges worth $30 million to ensure Mindanao's power supply within the next few year.

This was bared byAboitiz Power President and Chief Executive Officer Erramon Aboitiz during a press conference held at The Marco Polo Davao yesterday.

"These two power barges are expected to play a key role in ensuring power supply in Mindanao," Aboitiz said. Mindanao's power supply is predominantly sourced from hydropower, he added, but in case of El Nino or if the water dries up then the barges will come very useful.

The two power barges, which are currently operational and located in Agusan and Maco, Pantukan in Compostela Valley Province, will be able to deliver 200 megawatts.

“Clearly power shortage is a threat,” Aboitiz said. “The two power barges will take care of it. The power barges are a good stopgap measure.”

A Power Summit is being planned for November this year to prepare for any power crisis in Mindanao which, according to the Mindanao Business Council, is already feeling the crisis. The power crisis in Mindanao has also been confirmed by Department of Energy undersecretary Zamzamin Ampatuan.

CBS revives Financial Wellness Roadshow for teachers

Around 500 participants joined China Bank Savings ’ (CBS) “Financial Wellness Roadshow for Teachers” Mindanao run. The free seminars were la...