JGC Holdings Corporation has announced that JGC Philippines , Inc . ( JGC Philippines ) has been awarded the Engineering , Procurement , and Construction ( EPC ) contract from Energy Development Corporation ( EDC ) for the Balance of Plant package of a geothermal power generation project planned in Mahanagdong District , Ormoc City , Leyte , Philippines . This geothermal power plant will apply Organic Rankine Cycle ( ORC ) binary technology to generate an additional 28 MW of electricity power by recovering thermal energy from the existing geothermal brine resource at the Mahanagdong Geothermal Power Plant . JGC Philippines will provide EPC services to EDC which include |
construction and commissioning works of the powerplant . ORC technology will be designed and supplied by Exergy International Srl ( Exergy ) which has a supply portfolio of over 500MWe in capacity . Geothermal power generation is currently being actively developed in the Philippines as it is a stable , climate-independent source of energy . EDC is a leading Philippines-based renewable energy developer and one of the world ’ s largest vertically integrated geothermal producers with almost 50 years of expertise in geothermal technology . The Philippines has the third largest installed geothermal capacity in the world after the US and Indonesia . |
Neptune Energy welcomed the award of a CO2 storage licence in the Norwegian North Sea , in partnership with Sval Energi and Storegga . The Norwegian Ministry of Petroleum and Energy has awarded the Trudvang carbon storage licence to Sval which will partner with Neptune and Storegga . The Trudvang area has the potential to store up to nine million tonnes of CO2 annually for at least 25 years – a total of 225 million tons – with analysis indicating the storage potential could be even higher . Neptune Energy ’ s Managing Director in Norway and the UK , Odin Estensen , said : “ We are pleased to secure our first CO2 |
storage licence in Norway . The North Sea has great potential to become a hub for carbon storage , given the proximity to CO2 emitters and the geology which is suitable for CO2 storage . “ Neptune Energy was recently awarded three CO2 storage licences in the UK and we continue to progress our L10 carbon storage project in the Netherlands . Our ambition is to build a portfolio of carbon stores linked to our core areas in the North Sea .” The Trudvang storage licence is located in the Norwegian North Sea , to the east of the Sleipner field and about 200 km from the coast . The storage reservoir is at a depth of approximately 850 metres , in the Utsira formation . |