http://adinqn.gov.ar/prensa/geotermia_cop_05.htmMentions "up to...

http://adinqn.gov.ar/prensa/geotermia_cop_05.htm

Mentions "up to 2,300,000 euros per year over the next 21 years from the authorization of the plant" in carbon bonds.


On Thursday February 18, Governor George Sapag chaired the opening ceremony of the envelope No. 1 containing the background and technical proposal of the only firm bidder, the two pre-qualified for the construction and operation by granting a geothermal power station 30 MW in the area of ??the site "The Triplets" Copahue in the northwest region of the province of Neuquen.

In his speech, the Governor said "the initiative is firm and unwavering decision of men and women of the province of Neuquén to develop alternative energy, to work with the world that climate change is reversed, without actually cause disasters , which is necessary to find new energy friendly and clean and start taking the first steps to wind energy and geothermal energy, showing the rest of the country and Latin America that are committed to continue Neuquén in the direction of progress. "

The event took place in the Hall of Government House Accords, the presence of the owner of the Agency for Investment Promotion and Development of Neuquén (ADI-NQN), Mr. Peter Salvatori and vice president of the same Ing Luis Galardi , was in charge of the bidding process.

Then highlight the shape and trajectory of Salvatori, the Governor stressed "the riches and resources of geothermal energy to generate Neuquén, along with new jobs" and added that, in the case of geothermal energy as well, " we are defending the action and so my first award is for Peter Salvatori and his entire team, because it was their initiative on the alert resource ownership and make today the Province of Neuquén is the holder of this vapor, as it is gas, oil, water and subsoil resources. "

At this point, Sapag praised the imprint of the ADI-NQN that "given the steps to register and obtain from the Executive Board called Clean Development Mechanism of the Kyoto Protocol, the accreditation of carbon bonds or bonds that will generate green this project for being a 'friendly' and not polluting the environment. For module planned 30 megawatt these bonds may represent an income of up to 2,300,000 euros per year over the next 21 years from the authorization of the plant, ie Neuquén will benefit from nearly 50 million euros. "

He noted further that, along with Copahue, is also promoting Domuyo volcano area, where the province also owns the resource, with new studies to determine feasibility of future exploitation.
A project Neuquen

The Neuquén government initiative includes the construction of the first geothermal plant in Argentina in the geothermal area "The Triplets" located in the area of ??Copahue and also includes the obligation of the concessionaire to build a transmission line 132 KV from Copahue to the spot Ñorquin, later to close the northern ring interconnection to the provincial electrical system.

The bid is for the Grupo Minero Aconcagua SA and Andean Geothermal Power Corporation. An estimated investment for the construction of the complex will be U $ S 80 MM and the total period of commissioning in 4 years Having analyzed and supported the technical proposal, it shall open the envelope No. 2 containing the offer economical.

The background to this project and first studies date back to 1973. In 1988 he built a pilot plant (first in South America) of 0.6 MW, which was inaugurated with the presence of former President Alfonsin and operated until 1995. Studies in conjunction with the Agency JICA of Japan, demonstrated the feasibility of producing 30 megawatts through a condensation cycle with cooling tower, with the possibility of extending that power to 60 or 90 megawatts, depending on the testing of new hypotheses geological to be developed in this new stage.

For the purposes of safeguarding the legal and appeal, the ADI-NQN initiated the necessary steps to register the use of his name and for the Executive Board of Clean Development Mechanism of the Kyoto Protocol, accreditation bond reduction carbon emissions can be generated from this project for being a friendly and clean environment.