Hami Tianrun Shisanjianfang I 49.5MW Wind Power Project
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Host party(ies) China
Methodology(ies) ACM0002 ver. 12
Standardised Baselines N/A
Estimated annual reductions* 92,288
Start date of first crediting period. 01 Jul 12
Length of first crediting period. 7 years
DOE/AE DNV-CUK
Period for comments 09 Feb 12 - 09 Mar 12
PP(s) for which DOE have a contractual obligation Climate Bridge Ltd.
The operational/applicant entity working on this project has decided to make the Project Design Document (PDD) publicly available directly on the UNFCCC CDM website.
PDD PDD (762 KB)
Local stakeholder consultation report: N/A
Impact assessment summary: N/A
Submission of comments to the DOE/AE Compilation of submitted inputs:
Interim Rules on Economic Assessment of Electrical Engineering Retrofit Projects is not applicable to wind projects in benchmark IRR selection. Benchmark of pre-tax project IRR is 5% (Table 2.13-1) and post-tax equity IRR is 8% (Table 2.13-2) for wind projects as indicated in Economic Evaluation Methods and Parameters for Construction Projects (3rd Edition), jointly issued by NDRC and Ministry of Construction on July 3, 2006. This document is the compilation basis of financial analysis for wind projects, which is widely used in China (http://www.hydrocost.org.cn/costSoftware/windsoftware.jsp).

Operational hours are about 20% underestimated in PDD than the one approved from Xinjiang DRC, 2080 hours vs 2480 hours (http://webcache.googleusercontent.com/search?hl=zh-CN&safe=strict&gbv=2&gs_sm=3&gs_upl=33484l33484l0l34453l1l1l0l0l0l0l79l79l1l1l0&q=cache:hadMc3nfQNcJ:http://bbs.nmql.org/thread-29113-1-1.html+http%3A//bbs.nmql.org/thread-29113-1-1.html&ct=clnk) or (http://webcache.googleusercontent.com/search?hl=zh-CN&safe=strict&gbv=2&gs_sm=3&gs_upl=33484l33484l0l34453l1l1l0l0l0l0l79l79l1l1l0&q=cache:lcA31edBCVMJ:http://www.xjdrc.gov.cn/index_3.jsp?urltype=news.NewsContentUrl&wbnewsid=1670&wbtreeid=11086+http%3A//www.xjdrc.gov.cn/index_3.jsp%3Furltype%3Dnews.NewsContentUrl%26wbnewsid%3D1670%26wbtreeid%3D11086&ct=clnk). The project indeed receives sufficient financial return without CDM revenue.
Submitted by: fengdian


The comment period is over.
* Emission reductions in metric tonnes of CO2 equivalent per annum that are based on the estimates provided by the project participants in unvalidated PDDs