10:44 15 Jun 25
Info Report Check
Submission incomplete:
1: The DOE is requested to state whether the data and parameters are conservative and appropriate if they are fixed ex-ante (not need to monitor) during the project activity crediting period as per VVM v1.2 paragraph 91.
The Validation Report page 73 mentions that for parameter EFBL,upstream,CH4 , the calculations for this parameter has been checked from the emission reduction excel spreadsheet along with sources of data and found to be accurate. However, it is not clear if the absolute emissions shown in the calculation have considered the secondary fuel of each power plant in the sample BM plants considering that the absolute emissions values are given values, rather than calculated values.
2: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
(a) The validation report has not provided information on how the DOE has crosschecked the O&M cost of the project activity in line with the VVM version 01.2 paragraph 111 (b), as it only checked the source of the O&M cost;
(b) The DOE is requested to further substantiate the suitability of the natural gas price and its NCV based only on one month data (invoice Jan 2010) in line with the VVM version 01.2 paragraph 111 (a);
(c) While the determination of the tariff has been in accordance with the CERC Tariff Regulations 2009 (taking into account fuel cost, PLF, O&M cost and heat rate), the DOE is required to further substantiate the change of the fuel cost, O&M cost, PLF or heat rate resulting in the tariff change in the actual situation during the project operation. Furthermore, how the sensitivity analysis considering the change of fuel cost, O&M cost, PLF or heat rate is appropriate as the tariff also changes with the change of aforementioned parameters.
1: The DOE is requested to state whether the data and parameters are conservative and appropriate if they are fixed ex-ante (not need to monitor) during the project activity crediting period as per VVM v1.2 paragraph 91.
The Validation Report page 73 mentions that for parameter EFBL,upstream,CH4 , the calculations for this parameter has been checked from the emission reduction excel spreadsheet along with sources of data and found to be accurate. However, it is not clear if the absolute emissions shown in the calculation have considered the secondary fuel of each power plant in the sample BM plants considering that the absolute emissions values are given values, rather than calculated values.
2: The DOE is requested to include information on how it has validated the input values to the financial calculations as per VVM v 1.2 paragraph 114 (a).
(a) The validation report has not provided information on how the DOE has crosschecked the O&M cost of the project activity in line with the VVM version 01.2 paragraph 111 (b), as it only checked the source of the O&M cost;
(b) The DOE is requested to further substantiate the suitability of the natural gas price and its NCV based only on one month data (invoice Jan 2010) in line with the VVM version 01.2 paragraph 111 (a);
(c) While the determination of the tariff has been in accordance with the CERC Tariff Regulations 2009 (taking into account fuel cost, PLF, O&M cost and heat rate), the DOE is required to further substantiate the change of the fuel cost, O&M cost, PLF or heat rate resulting in the tariff change in the actual situation during the project operation. Furthermore, how the sensitivity analysis considering the change of fuel cost, O&M cost, PLF or heat rate is appropriate as the tariff also changes with the change of aforementioned parameters.
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