The Philippine National Oil Company (PNOC) is taking a strategic step to support the burgeoning offshore wind energy sector by redeveloping a port asset within its Industrial Park in Bataan.
In a move poised to bolster the infrastructure for renewable energy, PNOC president and chief executive officer Oliver Butalid has indicated plans to repurpose the Bataan port to meet the logistics demands of future offshore wind farms.
This initiative aligns with the Department of Energy (DOE) and the Asian Development Bank’s collaborative effort to identify and redevelop suitable ports across the Philippines.
Their goal is to prepare the necessary infrastructure to accommodate the country’s aggressive move towards sustainable energy sources.
To date, ten ports, including PNOC’s Energy Supply Base (ESB) Port in Batangas and others across various strategic locations, are under consideration for this transition.
PNOC’s ESB Port in Batangas is on the cusp of a significant makeover, with Butalid announcing an expected partnership with a private entity to undertake the PHP5 billion redevelopment within the year.
The project aims to proceed under a public-private partnership (PPP) model, pending the finalization of the PPP Code’s implementing rules and regulations.
Butalid has expressed confidence in finding a suitable foreign partner to execute the ESB Port’s repurposing, emphasizing the specialized nature of the operation, which is currently beyond the local expertise.
The redevelopment plan includes a reclamation effort to expand the port by three hectares, enhancing its capacity to support the logistical requirements of offshore wind energy projects.
The PNOC’s pursuit to redevelop port assets is a critical component in the country’s roadmap to expand its renewable energy capacity.
The DOE has made significant progress, having awarded 82 offshore wind contracts that could yield a combined capacity of 63.36 gigawatts. This is a testament to the Philippines’ commitment to transitioning to a more sustainable and independent energy future.
The envisioned ESB Port could become the nation’s pioneer port facility, specifically tailored to the operational needs of offshore wind projects.
With this development, the PNOC is not only contributing to the energy sector’s modernization but also positioning the Philippines as a leader in the adoption of renewable energy initiatives in the Southeast Asian region.
