Carbon offset platform
Poechos I Project
The Project is developed in a hydroelectric power plant located in Peru, in the North-western Department of Piura and has an installed capacity and projected yearly average generation of 15.2 MW and 57,740 MWh. The Project is expected to displace 31,463 tCO2e per year.
The Project takes advantage of the existing Poechos dam of 48 m height and approximately 1,000 m length with a water discharge of 45 m³/s. The dam was constructed between 1971 and 1974, exclusively as an irrigation system. The machine house was built downstream at the bottom gate of the dam. The Project uses a portion of the discharged water from the Poechos dam, affecting the flow of the Chira River and the Miguel Checa Canal. The water concession granted by the Peruvian Department of Agriculture was based upon the use of the flow required for agriculture – so that generation received lower priority than agricultural needs. The spatial extent of the Project boundary is the National Electric Grid (SEIN). Poechos I is connected to the SEIN through a Substation. The expected 57,740 MWh of electricity generated per year will be sold to ENOSA (stated-owned enterprise). The Project will have an expected minimum plant operating life of 40 years.
The Project contributes to sustainable development by:
- Helping SEIN keep thermal power plants shut down and use them only for stand-by power generation, thus displacing expensive generation fired by heavy fuel, diesel, coal and natural gas, while reducing GHG emissions;- Employing local labor in construction and plant management;- Purifying and cleaning the water used for irrigation;- Facilitating electricity access by serving local demand;- Contributing to Peru’s fiscal accounts through the payment of taxes;- Helping Peru improve its hydrocarbon trade balance through reduction of oil imports to be used for electricity generation;- Improving local education and technical training opportunities.
For more information about the project, please click here and for more information on the social benefits please click here.
IMPORTANT: Currently the project accepts only bank transfer payments for a minimum amount of $ 1,200.