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“In the short run,Jerseys NFL Wholesale, annual fixed payment for Amaila’s output may outweigh the direct savings in operating costs and capital expenditures in new thermal generators.”This was reported in the findings of an economic feasibility study undertaken by Mercados Energeticos Consultores, on the Amaila Falls Hydro Electric Project.The Argentine-based consultants reported in its study that “it’s worth noting that Amaila Falls benefits are mainly concentrated in the medium to long term, while Power Purchase Agreement (PPA) is evenly distributed during 20 years.”According to the 2009 study, which was done at behest of Sithe Global and the Guyana Government, the project is also heavily dependent on the need to have Linden and self generators back onto the national grid.The study concluded “that future scenarios of high crude oil prices contribute to increase the competitiveness of Amaila Falls vis a vis the thermal expansion…Conversely,NFL Jerseys China, scenarios of low crude oil prices are a downside for the project.”The company said that in the early years of the project, GPL’s total generating expenses,Jerseys Wholesale, including the Power Purchase Agreement,Cheap Jerseys 2018, will be almost 10 per cent higher.According to the report, the design of the Amaila Falls Project encountered several problems arising from the lack of hydrologic data.The company said that with the lack of hydrologic data “the best techniques available were applied to cope with the lack of information but even so,China Jerseys, several questions remained unanswered.”The group did not actually undertake a review of the Kuribrong River and Amaila Falls but instead used data available from the nearby Kaieteur Falls Station and juxtaposed it with the Amaila site.The company concedes “this may cause some uncertainty regarding the expected power generation.”It was reported also that the data used to determine the feasibility of the Amaila Falls project assumes that there would be no deforestation or mining exploitation.“Any modification of the basin in such respect will have an impact on the increase in the maximum value considered.”The report recommended that “In order to obtain more accurate information, it would be desirable to install a hydro-meteorological station in a section of the river that is representative.”Mercados Energ?ticos Consultores was retained by Government and Sithe Global to perform a comprehensive study to ensure that Amaila Falls project is, among other things,Nike NFL Jerseys China, financially viable.The consultants were mandated to determine whether the Amaila Falls Hydro Electric Project is consistent with the least cost generation expansion option to assure the economic profitability of the hydro power plant project and is compatible with the medium and long-term demand projections.A point to note is that the feasibility study undertaken was for the development of a 154MW plant as against the 165MW project being pursued by Government.The Amaila Falls was reviewed as a stand-alone project as against the development of a cluster of hydro power plants that have been touted by A Partnership for National Unity.