Efficient and Competitive Energy
"La Luna" Power Plant
Energy Industry
The project Thermo-electric Power Plant "La Luna" consisted in the developing of a coal-fired power generation project in the department of Cesar, La Luna Power Plant will be the first project in Latin America to implement Ultra - Supercritical Technology in boiler and turbine with a capacity to generate 1,125 MW with a reduction of coal consumption that improves the efficiency of the plant, positioning it in the first quartile of competitiveness and turning it into a reference for energy development for the Colombian market and the region. The integration of these technologies is the result of years of research in thermal technologies whose source of energy is coal, together with the experience of the SLOANE ENERGY GROUP; La Luna became a Project of National Interest (PINES) due to its virtues in the technical, environmental, commercial, Regulatory, Financial, legal and social aspects.
1125MW
Installed Capacity
25/75
Equity /Debt
4yr
Construction
$1.304MUSD
CAPEX Estimated
Role
I participated in this project as a logistic and financial analyst. I performed several operational models regarding the coal supply system and calculation of the throughput capacity of the conveyor belts. I also participate in the elaboration of CAPEX and OPEX as the main drivers of the financial model which I cooperate in the development of different coal price scenarios, modeling the impact on COGS and furthermore into E/V and project IRR.
Documentation such as project presentation, teasers, investors reports, and much more was also my responsibility in mainly all the projects across the company.
Challenges
The use of coal in energy projects has a particular disadvantage, the world is going "green" and therefore, it is promoting green energy projects much more than non-clean energy-based projects, and for this reason, the financial sector is reluctant to finance coal-based projects. This has been the biggest challenge this project has faced, and the reason why it still searching for new finance alternatives. It is evident that the energy market needs new bidders, as projects such as Hidruitango are facing major problems and the Colombia energy generation system is been threaten by the "niño" phenomenon. This project is continuously searching for new finance alternatives and possible ventures that enable the execution and construction of "La Luna".
Outcomes
Due to the technical, environmental, commercial, regulatory, legal, and social aspects, this project represents for the country, "La Luna" is been considered by the Colombian Government as a Project of National Interest (PINES) due to the major benefits will represent for the country.
