[SOURCE: IPP REVIEW COMMITTEE REPORT]
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Name
of Plant :
15.73 MW
Ormat Binary Cycle Geothermal Power Station (A5)
Name of IPP :
Ormat, Incorporated
Contract Type :
Build-Transfer-Own/Operating and Maintenance/Solicited
Status of Plant :
Operational
Cooperation Period :
10 years (March 03, 1994 - March 03, 2004)
Nature
of Issue
Issue
Recommendation
Underutilization of Ormat Energy Converter (OEC)
Unreliable brine supply in Bay, Laguna resulted into
underutilization of OEC, thus causing higher stranded costs.
NPC to realign fixed cost to variable cost due to unexpected
adverse condition.
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