The Mindanao Power Plant Background and Rationale The Mindanao Power Plant of STEAG State Power Inc is an integral element of the Philippine’s Power Development Program that was established in response to the power crisis in the early 90s. Under the Power Development Program of the Department of Energy (DOE), Mindanao needs an additional capacity of 850 MW to be installed for the period 2006-2014. Prior to the commissioning of the project, the Mindanao electricity grid was characterized by an installed capacity of approximately 1,700 MW only, of which almost 1,000 MW was hydro, about 100 MW was geothermal, and the balance was oil/diesel fired. The high demand growth and a large proportion of generation being hydro based, resulted in power deficits especially during dry years. As a result of this there was a clear imperative to put up cost effective thermal power plants operated at a lower fuel cost than the oil/diesel plants and with more reliability than hydropower. The Mindanao Power Plant Project has fulfilled this objective. With its timely operation beginning 15 November 2006, the Mindanao Power Plant has helped stabilized supply of electricity to Mindanao. Furthermore, the grid systems reserve increased from a critical level of 13% prior to start of operation to a comfortable level of 24% after start of operation. The required systems reserve margin for Mindanao is at least 21%. SPI’s power plant in Mindanao is the newest and most modern power plant in the island. After barely three (3) years of construction, the power plant began supplying Mindanao’s electricity needs in November 2006 just in time when the island was bracing for a looming power shortage. It is located within a 55-hectare lot at the PHIVIDEC Industrial Estate in Misamis Oriental. The plant was established on a Build-Operate-Transfer (BOT) Scheme and underpinned by a 25-year Power Purchase Agreement with the National Power Corporation. For the period 2007-2008, the power plant accounts for about 20% of the island’s total electricity supply and has thus far contributed stability and supply reliability necessary to sustain Mindanao’s promising economic growth and development. Fast Facts Power Plant Type: Coal-Fired Fuel: Bituminous Coal Coal Yard Capacity: 150,000 MT Operation Mode: Baseload Plant Installed Capacity: 232 MW Plant Location: PHIVIDEC Industrial EstateVillanueva, Misamis Oriental Mindanao, Philippines(55.42 hectare) Start of Construction: 1 December 2003 Start of Operations: 15 November 2006
Under the Power Development Program of the Department of Energy (DOE), Mindanao needs an additional capacity of 850 MW to be installed for the period 2006-2014. Prior to the commissioning of the project, the Mindanao electricity grid was characterized by an installed capacity of approximately 1,700 MW only, of which almost 1,000 MW was hydro, about 100 MW was geothermal, and the balance was oil/diesel fired.
The high demand growth and a large proportion of generation being hydro based, resulted in power deficits especially during dry years. As a result of this there was a clear imperative to put up cost effective thermal power plants operated at a lower fuel cost than the oil/diesel plants and with more reliability than hydropower.
The Mindanao Power Plant Project has fulfilled this objective. With its timely operation beginning 15 November 2006, the Mindanao Power Plant has helped stabilized supply of electricity to Mindanao. Furthermore, the grid systems reserve increased from a critical level of 13% prior to start of operation to a comfortable level of 24% after start of operation. The required systems reserve margin for Mindanao is at least 21%.
SPI’s power plant in Mindanao is the newest and most modern power plant in the island. After barely three (3) years of construction, the power plant began supplying Mindanao’s electricity needs in November 2006 just in time when the island was bracing for a looming power shortage. It is located within a 55-hectare lot at the PHIVIDEC Industrial Estate in Misamis Oriental. The plant was established on a Build-Operate-Transfer (BOT) Scheme and underpinned by a 25-year Power Purchase Agreement with the National Power Corporation. For the period 2007-2008, the power plant accounts for about 20% of the island’s total electricity supply and has thus far contributed stability and supply reliability necessary to sustain Mindanao’s promising economic growth and development.
Fast Facts
Coal-Fired