18:37 07 Jan 25
Info Report Check
Submission incomplete:
1: The DOE is requested to include description of the process taken to validate the accuracy and completeness of the project description in VR as per VVM v1.2 paragraph 64(a).
In doing so, please clarify if the electricity generated by the project activity is for captive consumption by the coal mines where the project activity is located or for sales to the grid. Also, please provide information on the electricity demand at the mines.
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).
The DOE is required to provide further information on the following:
a) How it has assessed the suitability of the total investment and the O&M costs, in particular, to clarify: i) the comparability of the projects used for comparison, in terms of technology(ies) employed and the operational conditions, and ii) suitability of each component of the breakdown of the costs;
b) How the working capital has been validated;
c) How the suitability of the tariff was validated, in particular: i) if the project sells the power to the grid or power generated is used for captive consumption; ii) what the relationship between the two parties in the power purchase agreement is, and iii) the appropriateness of applying the "sales price" rather than the purchase price from the grid thus accounting for the savings made by replacing the power purchased from the grid;
d) How the suitability of the 8% internal consumption rate for the net power output was validated;
e) How it has considered the assessment period of 10 years based on the equipment lifetime, considering that the emission reductions are claimed beyond the assessment period/ equipment lifetime; in addition, the DOE shall provide assessment on conservativeness of the assessment period of 10 years; and
f) How it has evaluated availability of applicable preferential policies for power generation from coal mine methane, such as subsidies, tax exemption and/or feed in tariff.
1: The DOE is requested to include description of the process taken to validate the accuracy and completeness of the project description in VR as per VVM v1.2 paragraph 64(a).
In doing so, please clarify if the electricity generated by the project activity is for captive consumption by the coal mines where the project activity is located or for sales to the grid. Also, please provide information on the electricity demand at the mines.
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).
The DOE is required to provide further information on the following:
a) How it has assessed the suitability of the total investment and the O&M costs, in particular, to clarify: i) the comparability of the projects used for comparison, in terms of technology(ies) employed and the operational conditions, and ii) suitability of each component of the breakdown of the costs;
b) How the working capital has been validated;
c) How the suitability of the tariff was validated, in particular: i) if the project sells the power to the grid or power generated is used for captive consumption; ii) what the relationship between the two parties in the power purchase agreement is, and iii) the appropriateness of applying the "sales price" rather than the purchase price from the grid thus accounting for the savings made by replacing the power purchased from the grid;
d) How the suitability of the 8% internal consumption rate for the net power output was validated;
e) How it has considered the assessment period of 10 years based on the equipment lifetime, considering that the emission reductions are claimed beyond the assessment period/ equipment lifetime; in addition, the DOE shall provide assessment on conservativeness of the assessment period of 10 years; and
f) How it has evaluated availability of applicable preferential policies for power generation from coal mine methane, such as subsidies, tax exemption and/or feed in tariff.
Offset now: visit the United Nations Carbon Offset Platform
Connect with us: