media partner of the year
United nations
2015 environmental Media Award leadership award 2008
BusinessMirror
www.businessmirror.com.ph
A broader look at today’s business
n
Saturday, November 12, 2016 Vol. 12 No. 31
2016 ejap journalism awards
business news source of the year
P25.00 nationwide | 2 sections 16 pages | 7 days a week
Experts say Cavite more viable than Bulacan as new main gateway
Sy seen topping Ang in airport battle
T
By Lorenz S. Marasigan
he country will be better off if the government chooses to accept the unsolicited proposal to build a new international gateway in an area in Sangley Point, Cavite, as it is more feasible and economically viable than constructing an airport in Bulacan, according to aviation expert Avelino L. Zapanta. In plain sight, Zapanta said the proposal of Solar Group-led All-Asia Resources & Reclamation Corp. to build a $20-billion airport in Sangley is better than San Miguel Corp.’s (SMC) $10-billion airport offer in Bulacan. “My quick view is the Sangley site is better than Bulacan. In distance, Bulacan would be twice farther than Manila. In demography, there will be bigger builtup and populated communities going to Bulacan. A causeway from Manila to Sangley would avoid disturbing such places,” he told the BusinessMirror. Likewise, an airport in Bulacan might just result in issues on competition, operations and safety, as it is geographically closer to Clark International Airport. “Bulacan is much closer to Clark. There is likely to be airways-safety concern, i.e., air-traffic congestion, collision. If I recall it correctly, there should be no overlapping aircraft maneuvers within the 40-kilometer radius. The distance between Malolos and Clark would be roughly that,” Zapanta said. All-Asia, controlled by the Tieng family, has partnered with Belle Corp., part of Henry Sy’s SM Group and China Communications Construction Co., to invest in a $20-billion airport that will replace the aging Ninoy Aquino International Airport (Naia) in Manila. Its plan involves the reclamation of 2,500 hectares of land near a naval and air base at Sangley Point. The project includes a new airport for up to 90 million passengers per year. The existing Naia airport will be replaced by new urban development.
Zapanta: “My quick view is the Sangley site is better than Bulacan.”
According to a study conducted by Danish consulting engineering company Ramboll Group, the new airport, when built, will have two parallel runways to secure future capacity, three terminal spaces, a reserved space for cargoes and maintenance facilities. Naval Station Sangley Point, surrounded by Manila Bay and occupying the northern portion of the Cavite City peninsula, was a former communication and hospital facility of the United States Navy. The naval station has a runway that was built after World War II, and was used extensively by US Navy patrol planes as late as the Vietnam War. The station was eventually turned over to the Philippine government in 1971, and is currently being used by both the Philippine Navy and Air Force. The area will also be developed for commercial structures to support the growth of the airport. A seaport will also be constructed near the location. The $10-billion proposal of SMC’s top honcho Ramon S. Ang, on the other hand, involves the Continued on A2
THIS August 6, 2006, file photo shows the Ninoy Aquino International Airport. Last year saw the airport’s four terminals reaching past their maximum rated capacity for the first time—as more and more international and domestic flights were launched throughout the year despite the lack of capacitybuilding projects for the air hub. Butch Fernandez
Power-sector players still await clear-cut policy on energy mix
By Lenie Lectura
M
ore than a hundred days since the assumption of the new administration, industry players in the power sector are still waiting for the government to issue a policy on energy mix to guide investors craft long-term investment plans. “One hundred days, I think, are not enough to initially make an assessment on how things are shaping up. There are many key issues in this industry,” AC Energy Corp. President John Eric T. Francia said. Still, he noted that most of the major power players await a clearcut government policy on energy
Francia: “The policy has to spell out how do we get there. Specifics are as much as important as the numbers in the mix.”
mix. “I know the energy mix seems like an old issue, but that’s important,” Francia said. “We need that.” The way to go about it is for the government to “start with an aspiration where energy mix is headed five to 10 years.”
PESO exchange rates n US 48.6660
“Clarify your goal, but more important, know how to get to that goal,” Francia added. “The policy has to spell out how do we get there. Specifics are as much as important as the numbers in the mix.” AC Energy is prepared to double its commitment in the power sector to nearly P80 billion through expansion of existing assets, acquisitions or partnerships, and greenfield projects to achieve its goal of building a capacity of 2,000 megawatts (MW) by 2020. The Department of Energy (DOE) was previously working on a 30-30-30 mix, which would come from coal, natural gas and renewable-energy sources. The remaining 10 percent could come from
diesel- or oil-fired power plants. It also preferred to have this legislated.
Still in the works
But with a new administration, the proposed energy mix is yet to take off. Instead, the DOE, under its new secretary, opted to tap the United States Agency for International Development (USAID) to assist the agency in crafting an ideal energy-mix policy. Energy Secretary Alfonso G. Cusi has recently met with members of the USAID’s Building Low Emission Alternatives to Develop Economic Resilience and Sustainability. Among those discussed Continued on A2
Developments in low-carbon technologies As the coverage of low-carbon policy continues to widen, deployment of low-carbon technologies has increased at the global level. Globally installed solar and wind capacity has increased more than 130% since 2010, from 239 gigawatts to 553 gigawatts in 2014
600 Gigawatts
553 gigawatts
500
Solar 400
Wind
300 200
A gigawatt is equal to one billion watts or 1 gigawatt = 1000 megawatts
100 0
’00 ’01 ’02 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 ’14
Source: Committee on Climate Change Graphic: Staff, Tribune News Service
n japan 0.4553 n UK 61.0661 n HK 6.2741 n CHINA 7.1473 n singapore 34.4782 n australia 36.9716 n EU 52.9875 n SAUDI arabia 12.9765 Source: BSP (11 November 2016)