PetroEnergy Resources Corp. on Friday said its geothermal power unit had secured approval to participate in the wholesale electricity spot market (WESM), paving the way for its commercial operation.
Philippine Electricity Market Corp. (PEMC), which operates the spot market, gave its nod on Dec. 7, 2017 for Maibarara Geothermal Inc. (MGI), which sought the registration of its 12 MW expansion of its geothermal facility in Sto. Tomas, Batangas.
Dave P. Gadiano, PetroGreen head of energy trading, said the WESM registration of Maibarara-2 clears the way for the facility to export power to the grid during the commissioning stage.
“The testing and commissioning of Maibarara-2 is estimated to start by middle of December. Export of power to the grid is expected soon after commissioning starts,” he said in a statement.
