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What is Energy Development Corporation?

It is a corporation which is engage in theexploration, development, utilization andmarketing of geothermal and other viable energysources.

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EDC Vision

To become the global leader in geothermal energy as they

strengthen their leadership in Philippine renewable energyindustry.

EDC Mission

Committed to provide the present and future generationsa better life with clean and renewable energy.

Committed to promote customer and investor interest,employee development, community welfare andenvironmental stewardship at all times.

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EDC Core Value

Bias For Action

Ensuring immediate action, working with a sense ofurgency.

Pursuit of Excellence

Achieving the highest standards of performance in

everything they do.

Integrity

Being accountable.

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Entrepreneurial Spirit

Having a pioneering and innovative attitude, taking intelligent risks,and being mindful of opportunities and seizing them.

Stewardship Caring for and exacting judicious use of resources and treating the

business as if it were your own.

Fairness

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reating each other with respect regardless of individualdifferences.

Results- DrivenTeamwork

Working harmoniously with colleagues and partners towards acommon goal.

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EDCs Milestones:

1976: Founding year. Established in March 1976 founded under the Philippines

National Oil Company (PNOC) to undertake the exploration and development of thegeothermal energy sources in the country.

1983: Commissioned theTongonan 1 and Palinpinon 1 production fields in Leyteand Negros Oriental, respectively each with a capacity of 112.5 MW.

1990: Commissioned the 110 MWBacon-Manito (BacMan) 1 production field in theprovince ofBicol. Power from Palinpinon 1 was exported to Aklan, Iloilo, Capiz andAntique through submarine cables across Guimaras strait.

1995: Commissioned the Palinpinon 2 plant to add another 80 MW to serve theisland of Cebu.

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1996: Commercial operation of the 200 MW Leyte-Cebu plants (inLeyte) and the 52 MW Mindanao 1 geothermal production field inNorth Cotabato.This marked the entry of PNOC EDC into the power

generation business through the Build-Operate-Transfer (BOT)scheme.

1997: Commissioned the 440 MW Leyte-Luzon plants (in Leyte) andthe 40 MW BacMan 2 plant inBicol.

1999: Commissioned the Mindanao 2 plant to add another 54 MWto the Mindanao grid. Started the preliminary groundwork for thedevelopment of a wind farm in Northern Luzon.

2000: Installed generating capacity totaled 1,149.4 MW accounting for 60% of the Philippines total geothermal capacity.

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2002: Intensified exploration of other potential wind powerresources all over the Philippines.

2006: Ownership of the 130 MW Upper Mahiao Power Plant in Leytewas officially turned over to PNOC EDC upon the conclusion of itsBuild-Operate-Transfer (BOT) agreement with California EnergyInternational, Ltd.The said plant is the biggest binary power plant inthe world using the Ormat-designed Geothermal Combined Cycle Unit(GCCU) technology.

2007: Commissioned the Northern Negros Geothermal ProductionField (NNGPF).The fields 49 MW power plant is also the first to befully-owned by PNOC EDC and it now supplies power to the WesternVisayas region.

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What does EDC do to the geothermal steam

produced?

The geothermal steam produce is sold to theNational Power Corporation (NPC) or is fed to theparent Company and GCGLs power plants toproduced electricity.

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Operates 12 geothermal steam fields in five

geothermal service contract areas: Leyte

Geothermal Production Field, SouthernNegros Geothermal Production Field, Bacon

Manito Geothermal Production Field,Mindanao Geothermal Production Field and

Northern Negros Geothermal ProductionField.

Presently operates four power plant

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Mindanao Geothermal PowerField

Leyte Geothermal ProductionField

Northern Negros Geothermal

Production Field

Bacon Manito Geothermal

Production Field

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PARTNERSHIPS FOR EDUCATIONPROJECT The Energy Camp

A summer camp, which helps inculcate in

the communitys youth the awareness oftheir social and environmentalresponsibility while providing them withthe ultimate summer fun.

The Leyte Schools for Excellence A broad and long-term partnership aimed

at putting up a model school whichdelivers quality basic education in theupland community.

The Balik-Galing concept A concept which is hinged on the vision of

mentoring future mentors.

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Partnerships for LivelihoodProjects: TheTongonan Farmers Association

(TOFA) The association owns exclusively all harvests

from the plantation of rattan, abaca, banana,black pepper and recently from the produceof aquaculture within the associations farmland. UnderTOFA are several projectsincluding the TOFAWomens League(TWL)

and the TOFAYouthOrganization (TYO).

The Manobos of Mt. Apo are partners intheCutflower Productionand theAgcoMahomanoyResort in Kidapawan, NorthCotabato.

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Health

EDC believes that health is abasic necessity and the right

of every Filipino, regardlessof social status.

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More than 10,000 patients benefited in their

medical, dental and optical outreach

program. More than 59,000 cc of blood was donated by

the companys Galloners Club to thePhilippine National Red Cross in bloodletting

drives.

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Environment

FaithfulStewardOfThe Environment

PNOC EDC is committed to protect and maintainthe environment and to safeguard the health ofits employees, as well as the communities in all itsenergy project sites through the implementation

of a comprehensive, proactive and continuingEnvironmental Management Program, in pursuitof its corporate and national energy objectives.

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Engagement of farmers cooperatives to co-manageand protect watershed areas.

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eforestation and watershed enhancementactivities through demo farms, forest plantationsand natural regeneration

Regular monitoring of air, water and biological

resources. Maintaining a full-time, multi-disciplinary team of

scientists and technicians handling bothenvironmental and social concerns.

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TheBINHI

project

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Binhi is the greening program of Oscar M.

Lopez, chairman of the Lopez Group Inc. and

is being implemented by EnergyDevelopment Corporation (EDC).

Binhi is the Filipino word for germling,embryo or seed. In essence, Binhi aims to

create a ripple effect by modeling a corporategreen movement in the Philippine business

community.

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Binhi rethinks the whole idea of reforestation. It focus on the primeendangered Philippinetreespecies.

Binhi shall start with the few remainingseedlings of these trees and grow them intoMotherTrees in planting sites where they can bebest protected and nurtured.These sites include,but are not limited to, school grounds, publicparks, leisure estates, residential areas andurban spaces as available.

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Reported by:

Frias,R

izalyn Christ M. Tumanguil, Christian P.