EDC to allocate geothermal power to government green energy program

By Carlo Cariaga | thinkgeoenergy.com


EDC’s Green Core Geothermal Inc. is set to allocate 200 MW of geothermal capacity to the Philippine government’s Green Energy Option Program.


The Energy Development Corporation (EDC) via wholly-owned Green Core Geothermal Inc. (GCGI) has been approved by the Philippine Department of Energy (DOE) as one of the renewable energy suppliers under the government’s Green Energy Option Program (GEOP). EDC’s Bacman Geothermal Inc. had also previously received clearance to participate in the program.


GEOP is a voluntary policy mechanism launched by the Philippine government in 2018 that allows end-users consuming at least 100 kW of power to source their supply from qualified suppliers of renewable energy. GCGI will be allocating 200 MW to the program. There are eleven other energy suppliers qualified under GEOP including Shell Philippines, Inc (SEPH).


Source: Business World


The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.