AES Corporation

Comments on the CDM Project Design Document (PDD) for the AES Changuinola I (a.k.a. Chan 75) Large Hydroelectric Dam Project: A Case of “Greenwash Additionality”Submitted by International Rivers to the project validator TÜV SÜDAugust 8, 2008Valle del Rey village along the Changuinola River, which will be flooded by the Changuinola dams Linda Barrera Project Overview: Location: Changuinola River, La Amistad UNESCO Biosphere Reserve Buffer Zone and Mesoamerican Biological Corridor, PanamaType: 222 MW; 99m concrete dam; 1394 ha reservoir.Project Promoter: AES CorporationSocial impacts: Inc

An Assessment of the Cameroonian Electricity Sector Reform In 2001, AES Corporation was the sole bidder in the sale of the Cameroonian electricity company. In accordance with the World Bank’s third structural adjustment credit project, the state–owned company was sold. Since then, consumers face regular blackouts and tariff increases and some investments have been made in new generation capacity. A new regulatory body has been set up, but it is not fully operative. With many sub–Saharan countries under similar pressure to sell their public utilities, this paper contributes to the unders

Comments on the CDM Project Design Document for the Bujagali Large Hydro, UgandaThe Bujagali Dam project is ineligible to receive credits under the Kyoto Protocol. Claims to the contrary are likely not only ultimately to rebound unfavorably on any firm making them but also to contribute to the disintegration of the carbon offset market from which many hope to profit. Even under the most generous definitions, and excluding technical questions about the level of carbon emissions from the project itself, its construction, its effects, and the abuses connected therewith, Bujagali cannot be interp

The U.S.–based AES corporation, the largest independent power producer in the world with assets of $11 billion, is currently in line to receive a partial–risk guarantee from IDA and loans from the IFC to construct a US$520–million dam near Bujagali Falls on the Nile. The dam would create a socially and environmentally destructive reservoir, and would drown the spectacular Bujagali Falls. Worse, the project’s power would not meet the needs of the vast majority of the country’s population. The IFC is currently appraising the project, and is expected to decide within six months whether

International Rivers Comments on CDM Methodology NM0043 Proposed for Bayano Hydroelectric Expansion and Upgrade Project, PanamaSubmitted to CDM Methodology Panel Methodology is Poorly Described The proposed methodology is described as applying to "grid–connected run–of–river power plants or grid–connected hydroelectric power plants" (PPD p.39). As a run–of–river plant is a hydroelectric plant this explanation is redundant. Methodology fails to prove additionality The arguments in the PDD which attempt to show the additionality of Bayano do not hold up to scrutiny. The PDD admits

Current Status: Validation Terminated (as of Aug 2009) Comments on AES Panama's Project Design Document for Bayano Hydroelectric Project Requesting Validation for Senter Internationaal’s CERUPT Carbon Credit ProgrammeSubmitted to SGS Summary SGS should not validate Bayano Hydroelectric Project as a CDM project. The project is non–additional – it is already more than two–thirds complete and is scheduled to be completed whether or not it receives carbon credits. The estimate of avoided emissions due to the project is not scientifically sound. The project may result in substantial emis

Comments on the Project Proposal regarding the Bujagali Hydropower Project Submitted by the AES Corporation to Senter Internationaal 1. Introduction Bujagali Falls International Rivers Network supports local communities and NGOs around the world working to protect their rivers and watersheds. It has been asked by Ugandan NGOs, including the National Association of Professional Environmentalists, to raise the serious social, environmental, economic and corruption–related problems of the Bujagali hydropower project on the Victoria Nile with international financial institutions.