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Introduction to CDM Project Idea Note and Project Design Document. Department of Environment and Natural Resources CDM Training Workshop November 4-6,2003 Climate Change Information Center Conference Room Manila Observatory, Ateneo de Manila Campus.
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Department of Environment and Natural Resources
CDM Training Workshop
Climate Change Information Center Conference Room
Manila Observatory, Ateneo de Manila Campus
LULUCF PIN Template: Illustrative Project Categories
Project Activity Summary with Annexes:
Baseline Study (BLS)
Monitoring Plan (MP)
Emission Reduction Study (ERS)
• Baseline methodology
– Simplified modalities
• Monitoring methodology and plan
– Simplified modalities
• Additionality Requirements
- Simplified checklist provided
• Environmental impacts
–Documentation on analysis of environmental impacts of the project activity must be provided only if required by the host country
(Project Idea Note)
A. Project Description, Type, Location and Schedule
B. Expected Environmental and Social Benefits
Name of the project:
A. Objective of the project
Generadora de Occidente, S.A. (“Project Company”)
Organizational category: Private Company
Other function (s) of the project developer in the project:
Construct, own, operate and finance the project
Address: Diagonal 6 10-65 Zona 10, Torre I, Nivel 8, Oficina 80101010 Guatemala
Contact person:Juan Carlos Mendez, Project Manager
502-339-3174 ext. 137
The Project will be subject to local regulations from the Guatemalan Ministry of Environment and is being constructed to comply with applicable World Bank environmental guidelines.
Protection of water sources found locally in the area near the Project’s water intake The project has committed to reforesting certain INDE (the Guatemalan national utility) properties on which the Project is being constructed.
The Project utilizes natural resources for the generation of electric energy rather than contaminating technologies/fuels. This achieves the objective of benefiting both the local and global populations by reducing greenhouse gas emissions.
The Project will have the ability to open the river to future projects since an additional 30 to 50 MW can be developed down river after the Project is operating. The Project will provide relatively clean and filtered water to these other potential projects down river and will avoid the need to construct regulating reservoirs.
The geographic location of the Project also has an important impact of the stability and reduction of electric losses in the electricity distribution system due to the increased levels and quality of service in the area. This will also benefit the local
B. Socio Economic Aspects
Which guidelines will be applied to?
Project will be subject to local regulations from the Guatemalan Ministry of Environment and is being constructed to comply with World Bank environmental guidelines.
What are the possible direct effects (e.g. employment creation, capital required, foreign exchange effects)?
Approximately 200 to 250 direct local jobs will be created directly.
It is estimated that at least US $30 million will be invested in the Guatemalan economy.
What are the possible other effects? None
The Guatemalan Ministry of Energy and Mines urged discussion about and approval of a law which would provide incentives for the development and construction of renewable energy projects. Amongst renewable energy, projects using hydro technology have received the most interest, given that in Guatemala there is a large identified (but largely under-utilized) hydro potential.
C. Total Project Cost Estimate
Development costs: 3.27 EURO million (US$ 2,841,000)
Installed costs: 50.6 EURO million (US$ 44,034,000)
Other costs: 11.1 EURO million (US$ 9,625,000)
Total project costs: 65 EURO million (US$ 56,500,000)
C. Sources of Finance to be Sought or Already Identified
Equity: Shareholders equity contributions are expected to be approximately 22.7 EURO million (US$ 19,775,000). Final equity contributions level will be determined once project financing has been completed.
Debt - Long-term: To be determined
Debt - Short term: N/A
Not identified: N/A
CDM contribution sought:5-7 EURO million depending on time frame (US$4.5-6.2 million)
CDM contribution in advance payments:
Not yet determined.
A. General description of project activity
B. Baseline methodology
C. Duration of the project activity/
D. Monitoring methodology and plan
E. Calculations of GHG emissions by sources
F. Environmental impacts
G. Stakeholders comments
Annex 1. Contact Information on Project Participants
Annex 2. Information Regarding Public Funding
Annex 3. New Baseline Methodology
Annex 4. New Monitoring Methodology
Annex 5. Table of Baseline Data