Cochrane power station

From Global Energy Monitor

[español]

This article is part of the CoalSwarm coverage of Chile.
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The Cochrane power station is a 531-megawatt (MW) plant in Mejillones in Chile’s northern region, Antofagasta, Region II. It was jointly developed by Chile's AES Gener (60% share), and Mitsubishi (40%), at a total cost of US $1.3 billion.

Location

The map below shows the location of the plant, adjacent to the existing Angamos power station.

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Background

The project received environmental approval in September 2009.[1] A consortium of Japanese and Korean financial institutions has guaranteed up to US$1 billion in funding.[2]

Construction of the plant began in April 2013.[3] According to AES Gener's website, the Cochrane plant is being constructed adjacent to AES Gener's Angamos power station to take advantage of existing port and coal stockpiling facilities.[4]

The power generated by Cochrane's two coal-fired units will supply copper mines in Chile, with commercial operations expected to start in 2016.[5] In October 2014, at a press conference covered by the trade publication Electricidad, AES Gener's Vice President of Engineering Luis Knaak said that the first unit would be completed by May 2016 and the second by October 2016.[6] A report from Chile's Corporación de Bienes de Capital (CBC) stated that construction on the Cochrane plant was 48% complete as of 2015.[7]

The power station was fully commissioned in October 2016.[8]

Planned Phase-out

According to the Chilean Ministry of Energy's national decarbonization plan, announced by President Sebastián Piñera in June 2019, both units of Cochrane power station will cease operations no later than 2040. Plant owner AES Gener agrees to consult with the government every five years to update details of the plan, taking into account system stability requirements, energy costs, and environmental goals. [9] Specific decommissioning dates are yet to be determined, but AES Gener's 2019 annual report lists a contract expiration date of 2030 to 2037 for its Cochrane units.[10]

Project Details

  • Sponsor: Norgener
  • Parent company: AES Gener
  • Location: Mejillones, Region II, Antofagasta, Chile
  • Coordinates: -23.06341, -70.365837 (approximate)
  • Status: Operating
  • Gross Capacity:
    • Unit 1: 265.5MW
    • Unit 2: 265.5MW
  • Type: Subcritical
  • Start year: 2016
  • Coal Type:
  • Coal Source:
  • Source of financing: Japan Bank for International Cooperation, Korea Ex-Im Bank

Articles and resources

References

  1. "Ficha del Proyecto: EIA Central Termoeléctrica Cochrane,", SEIA, September 2, 2009.
  2. "Chile AES Gener in loan deal of up to $1 bln for power project,", Reuters, March 2013.
  3. "AES Gener iniciará construccion de planta termoelectrica Cochrane,", AES Gener, March 2013.
  4. "Proyectos en Construcción,", AES Gener website, accessed October 2015.
  5. "First Independent Power Project in Chile," Mitsubishi, Nov. 30, 2012.
  6. "Termoeléctrica Cochrane presenta un avance de 53%," Electricidad, October 7, 2014.
  7. "El 45% de los proyectos eléctricos para quinquenio 2015-2019 está postergado,", La Tercera, July 20, 2015.
  8. "AES Gener puso en operación segunda parte de Central Cochrane," Revistaei, October 13, 2016
  9. "Plan de Descarbonización y Retiro de Centrales Termoeléctricas a Carbón en Chile, Anuncio del gobierno de Sebastián Piñera" (PDF). Chile Sustentable. June 4, 2019.
  10. "2019 Annual Report (page 23)" (PDF). AES Gener. March 1, 2019.

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External resources