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Camiguin eyed as potential source of geothermal energy Volume IV, No. 227 web portal: www.mindanaodailynews.com
Thursday
March 3, 2016
By IRENE JOY B. DAYO of PIA-10
C
AGAYAN de Oro City--The Renewable Energy Management Bureau under the Department of Energy (DOE) has identified Camiguin as one of the potential areas for locally funded Low Enthalpy Geothermal project.
The project is an initiative of the national government that aims to further explore and evaluate lowenthalpy geothermal areas that might be suitable for power generation using binar y technolog y and other direct-use applications. During their conduct of Information Education and Communication campaign for the comprehensive resource assessment in partnership with Philippine Information Agency (PIA) in Region 10, Geothermal Energy Management Division Chief Ariel D. Fronda said that geothermal energy could be a source of several uses, such as power plants. Fronda added that a typical geothermal power plant producing thousands megawatt of electricity displaces million barrels of fuel oil, equivalent to saving hard-earned dollars. See energy, page A11
Participants to the Energy Management System Industrial Users Training at Mallberry Hotel in Cagayan de Oro City. (AMI photo)
DOE-DTI project targets energy security, environment sustainability By Mike Baños, Editor-at-large
A JOINT project of the Department of Energy (DOE) and Department of Trade and Industry (DTI) continues to pursue the country’s energy security and envi-
ronmental sustainability as outlined in the plans and priorities of the Philippine Development Plan 2011-2016. Started in 201l, the Phil-
ippine Industrial Energy Efficiency Project (PIEEP) is promoting industrial energy efficiency through the adoption of an Energy Management System (EnMS / ISO50001) and Systems
Optimization to make industrial operations more energy efficient, reliable and competitive. In its latest initiative, PIEEP is conducting a twoSee story, page A3
ADB-backed Climate Bond issuance by AboitizPower subsidiary hailed By BONG D. FABE, Editor-at-large
CAGAYAN de Oro City-The chief executive officer (CEO) of the Climate Bonds Initiative (CBI) yesterday (March 2, 2016) praised
the issuance of Asia’s firstever Climate Bond by the AboitizPower Corporation (AP), which presently holds the Philippine’s biggest port-
folio for clean and renewable energy. Sean Kidney, CEO of the world’s investor-focused not-for-profit organization focusing on mobilizing the
US$100 trillion bond market for climate change solutions, welcomed the Asian Development Bank (ADB)backed issuance of the pesoSee climate, page A11
NGCP steel tower in North Cotabato bombed
ALEOSAN, North Cotabato--Unidentified armed men, for still unknown motive, tried but failed to topple a steel tower of the National Grid Corporation of the Philippines (NGCP) early Wednesday morning. According to Superintendent Bernard Tayong, speaking for North Cotabato police office, said three improvised explosive devices were attached to See story, page A3
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