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PERÚ - Observatory for Renewable Energy in Latin America and

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Perú- Products I <strong>and</strong> II<br />


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Chart N° 61: M<strong>in</strong>imum values of Equivalent Electrical Efficiency (EEF) <strong>and</strong> Relation between<br />

Electric Power <strong>and</strong> Useful Heat (C)<br />

Technology/ Fuel EEF C = E/V<br />

Internal Combustion eng<strong>in</strong>es 0.55 0.60<br />

Comb<strong>in</strong>ed cycle gas turb<strong>in</strong>e 0.55 0.50<br />

Simple cycle gas turb<strong>in</strong>e 0.55 0.40<br />

Extraction steam turb<strong>in</strong>e 0.58 0.30<br />

Steam backpressure turb<strong>in</strong>e 0.70 0.5<br />

Biomass (*) 0.30 - - -<br />

Source: Cogeneration Regulations.<br />

Where the Equivalent Electrical Efficiency is calculated through the follow<strong>in</strong>g<br />

<strong>for</strong>mula:<br />

E :<br />

V :<br />

Q :<br />

Electric power measured <strong>in</strong> generator term<strong>in</strong>als <strong>and</strong> expressed<br />

<strong>in</strong> MWh.<br />

Is the amount of useful heat from the cogeneration station<br />

exclusively, expressed <strong>in</strong> MWh.<br />

Power given by the fuel used, calculated <strong>in</strong> MWh based on its<br />

lower calorific value<br />

Even when the cogeneration station “Paramonga I” was qualified to take that<br />

mechanism, the senior management though it was more convenient to choose<br />

tak<strong>in</strong>g part <strong>in</strong> the first RER Auction <strong>and</strong> be<strong>in</strong>g awarded with a portion of the<br />

energy offered. This action guaranteed <strong>in</strong> a large extent the economical<br />

susta<strong>in</strong>ability of the project.<br />

On the other h<strong>and</strong>, <strong>in</strong> order to <strong>in</strong>sure the profitability of the project, the<br />

cogeneration station “Paramonga I” has qualified to apply to the CDM. This <strong>and</strong><br />

the benefits granted by the award<strong>in</strong>g of the RER auction, made the project<br />

susta<strong>in</strong>able <strong>in</strong> time.<br />

Tariffs<br />

The cogeneration station “Paramonga I” was one of the two projects with biomass<br />

which were awarded <strong>in</strong> the First Auction of <strong>Renewable</strong> Energies (February,<br />

2010). The offered price <strong>for</strong> this energy was of 52, 00 US$/MWh <strong>and</strong> this is the<br />

same tariff that is awarded by the OSINERGMIN (OSINERGMIN, 2011).<br />

Like all cases of RER stations, net <strong>in</strong>jections of energy up to the limit of the<br />

Awarded <strong>Energy</strong> are remunerated at the Awarded Tariff., while net <strong>in</strong>jections of<br />

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