DURING
the budget hearing on the budget of the Department of Energy (DOE) for FY 2020,
Secretary Alfonso Cusi told the members of Congress that the Philippines would
continue to rely on coal-fired power plants as the main source of energy to
sustain the country’s economic development.
Energy experts hailed this latest development as they
cited various reasons to support Secretary Cusi’s stand to achieve stable
energy supply and, perhaps, prevent another energy crisis from happening.
COAL AS SOURCE OF ENERGY |
Among these reasons are the following:
Affordability. Energy
produced from coal fired plants is cheaper and more affordable than other
energy sources. Since coal is abundant, it is definitely cheap to produce power
using this fuel. Moreover, it is not expensive to extract and mine from coal
deposits. Consequently, its price remains low compared to other fuel and energy
sources.
Abundance. There
are approximately over 300 years of economic coal deposits still accessible.
With this great amount of coal available for use, coal fired plants can be
continuously fueled in many years to come.
Known
technologies. The production and use of coal as a
fuel are well understood, and the technology required in producing it is
constantly advancing. Moreover, coal-mining techniques are continuously
enhanced to ensure that there is a constant supply of coal for the production
of power and energy.
Safety. Generally,
coal fired plants are considered safer than nuclear power plants. A coal power
plant's failure is certainly not likely to cause catastrophic events such as a
nuclear meltdown would. Additionally, the welfare and productivity of coal industry
employees has greatly improved over the years. In fact, injuries, time lost,
and fatalities have decreased significantly in the past years.
Less Expensive. Coal produces much greater amount of electricity than renewable energy
sources at lesser cost. It is difficult to generate the quantities of
electricity through renewable sources which often relies on the weather
for its source of power. Hydro generators need rain to fill
dams to supply flowing water.
This development elated the officers and members of the
Sual Proprogress who support the planned construction of a second coal-fired
power plant in the municipality to be put up by Korean Electric Power Company
or KEPCO.
Worth about two billion US dollars, the project is
projected to provide thousands of jobs
for Sual residents aside from millions of revenues for the municipality,
they said.
The project proponent will be using the latest in coal
technology that would greatly reduce if not eliminate pollution altogether.
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