CDM project activity/programme of activities registration request review form (CDM-REGR-FORM) (Version 03.0)

Reference number of the proposed CDM project activity/programme of activities (PoA) submitted for registration	2461
Title of the proposed CDM project activity/PoA submitted for registration	BFG-fired Power Generation Project in Baosteel Co Ltd., Shanghai, P. R. China.
Please indicate, in accordance with paragraphs 37 and 40 of the CDM modalities and procedures, which validation requirement(s) may require review. A list of requirements is provided below. Please provide reasons in support of the request for review. Including any supporting documentation.
The following are requirements derived from paragraph 37 of the CDM modalities and procedures:
The participation requirements as set out in paragraph 28 to 30 of the CDM modalities and procedures are satisfied; Comments by local stakeholders have been invited, a summary of the comments received has been provided, and a report to the designated operational entity (DOE) on how due account was taken of any comments has been received; Project Participants have submitted to the DOE documentation on the analysis of the environmental impacts of the project activity, including transboundary impacts and, if those impacts are considered significant by the project participants or the host Party, have undertaken an environmental impact assessment in accordance with procedures as required by the host Party; The project activity is expected to result in a reduction in anthropogenic emissions by sources of greenhouse gases that are additional to any that would occur in the absence of the proposed project activity, in accordance with paragraphs 43 to 52 of the CDM modalities and procedures; The baseline and monitoring methodologies comply with requirements pertaining to methodologies previously approved by the Executive Board; Provisions for monitoring, verification and reporting are in accordance with decision 17/CP.7, the CDM modalities and procedures and relevant decisions of the COP/MOP; The project activity conforms to all other requirements for CDM project activities in decision 17/CP.7, the CDM modalities and procedures and relevant decisions by the COP/MOP and the Executive Board.
The following are requirements derived from paragraph 40 of the CDM modalities and procedures:
The DOE shall, prior to the submission of the validation report to the Executive Board, have received from the project participants written approval of voluntary participation from the designated national authority of each Party involved, including confirmation by the host Party that the project activity assists it in achieving sustainable development; In accordance with provisions on confidentiality contained in paragraph 27(h) of the CDM modalities and procedures, the DOE shall make publicly available the project design document; The DOE shall receive, within 30 days, comments on the validation requirements from Parties, stakeholders and UNFCCC accredited non-governmental organizations and make them publicly available; After the deadline for receipt of comments, the DOE shall make a determination as to whether, on the basis of the information provided and taking into account the comments received, the project activity should be validated; The DOE shall inform project participants of its determination on the validation of the project activity. Notification to the project participants will include confirmation of validation and the date of submission of the validation report to the Executive Board; The DOE shall submit to the Executive Board, if it determines the proposed project activity to be valid, a request for registration in the form of a validation report including of the project design document, the written approval of the host Party and an explanation of how it has taken due account of comments received.
There are only minor issues which should be addressed by the DOE/project participants prior to the registration of the project.
Additional information
1. The DOE shall substantiate: (i) how the assumed priced of natural gas represent the market values of natural gas at the time of the investment decision, (ii) why demand/capacity charge, if it has been paid in the pre-project scenario by the PP, has not been considered as revenue in the investment analysis. 2. The PP/DOE shall: (i) substantiate suitability of applied financial indicator, equity NPV, in the investment comparison analysis in accordance with sub-step 2b (Option II) and 2c of the Tool for the demonstration and assessment of additionality version 5.2, and (ii) verify the accuracy of equity NPV calculations carried out for investment comparison analysis in compliance with paragraphs 109 of VVM. 3. The PP/DOE shall substantiate on how the electricity generated in the affiliated top gas pressure recovery turbine (TRT) is taken into account in calculating the emission reduction in line with the methodology. The historical data of electricity generation from TRT should be provided. 4. The PP/DOE shall clarify how the additional BFG requirement to industrial facility due to installation of the 4#BF can be met by surplus waste BFG generated by other three blast furnaces (1#BF, 2#BF and 3#BF) as it appears that there is only 1% BFG available to be flared out of total waste BFG generated by other three blast furnaces in according to the BFG statistics in 2004 (VR pg 16). Further the PP/DOE should provide the detailed information of existing coal power plants such as installed capacity, historical coal and waste BFG consumption, etc. 5. The means of calculation of QBL,product is not in accordance with ACM0012 version 2. The DOE is requested to clarify why a Corrective Action Request was not raised during the validation. 6. The PP/DOE shall provide the revised monitoring plan including the monitoring of electricity imports from the grid to the project activity, the electricity generated by the TRT, and electricity imports from the TRT. 7. The last portion of Page 15 and top portion of Page 16 of the PDD submitted for request for registration have been deleted. The PP/DOE should submit the revised PDD correcting this corruption.
Date	27 Jul 09