Philippines:

Geothermal Energy Auctions Pushed Back to January (eco-business.com)

The Philippines government will postpone the open and competitive selection process (OCSP) for the 24 renewable energy resource areas that will be offered to local and international investors, an official from the Philippines Energy department said yesterday.

Mario C. Marasigan, director of the agency’s Renewable Energy Management Bureau, said the start of the auction process will be moved to January from today.

Last month, Mr. Marasigan said the Energy department will offer four geothermal and 10 hydropower sites for development and utilization.

Marasigan said that two of the sites are in Mindanao – one of which is the 40 MW Amakan geothermal field in Compostela Valley; and the other one is a smaller 20 MW prospect in Balut Island, Davao Occidental.

The third site is Cabalian in Southern Leyte; and the fourth is the Acupan-Itogon geothermal site in Benguet in Northern Luzon.

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