The Energy Development Corporation (EDC) has officially inaugurated the 28.9 MW Palayan Bayan binary geothermal power plant (PBGPP) in the province of Albay in the Philippines. The binary power plant, built at a cost of Php 7 billion (approx. USD 120 million), expands on the existing 140-MW Bacon-Manito (BacMan) facility.
The PBGPP was successfully synchronized with the Luzon grid in January this year. Operated by EDC's wholly-owned subsidiary BacMan Geothermal, Inc., the power plant is projected to have a a gross annual generation of 253,000 MWh and net annual generation is 219,800 MWh. This expected to reduce the country's carbon emissions by an estimated 72,200 tonnes each year.
Construction on the Palayan Bayan binary power plant started in mid-2021. Prior to this, Turboden had been selected as the supplier of the ORC power plant for the project. The power plant harnesses waste heat from the 120-MW Palayan Bayan 1 flash geothermal power plant to generate electricity without the need for additional steam supply.
"Construction of the PBGPP began in the last quarter of 2021 amid the uncertainties of the pandemic. Despite these challenges, we have remained steadfast in advancing these projects while prioritizing the health and safety of all our workers," added EDC President and COO Jerome H. Cainglet.