Aes 2012 informeestadistico ingles pags

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STATISTICAL REPORT INFORME ESTADÍSTICO



The AES Corporation is a global energy company that owns and operates a diverse and growing portfolio of electricity generation and distribution companies, which provide reliable and affordable energy to customers in 25 countries. Our power plants cover a wide range of technologies and fuel types such as coal, oil, natural gas, biomass, combined cycle, solar panels and wind power. Combining deep local knowledge with a global presence and over 30 years of experience, AES has a proven commitment to ensure operational excellence in the supply of electricity to its customers.

STATISTICAL REPORT INFORME ESTADĂ?STICO


INDEX


58 60

7 9 12 14 16 24 29 32 34 36 38 46 47 48 49 51 52 53 55 57

Graphics

Glossary

ATTATCHMENTS

Contract Market

Non Regulated Users Market

Frequency Regulation Service

Capacity Spot Price and Connection Right

Electricity Spot Price

International Fuel Prices

Energy Supply by Fuel Type

Maximum Demand

Capacity Balance

Generation

Wholesale Electric Market

Operational Indicators

Energy Balance

Natural Gas Sales

Fuel Reception Facilities

Power Generation Units

Profile of AES Dominicana

AES Dominicana Background

AES Values

Letter from the President



STATISTICAL Report 2012

Letter from the President It’s with great pleasure that we present you the 2012 AES Dominicana Statistical Report, highlighting its main assets, operational performance, other lines of business and the electricity market overall. At the end of 2012, AES Dominicana contributed an average of 37.8% of all the energy that was demanded by the National Electric Interconnected System (SENI) with a total of 5,045 GWh injected, surpassing 2011’s energy generation and demonstrating to be the leader in the national electricity market. 78% of this energy was traded in the Contract Market to Distribution Companies, creating significant savings for the Dominican government by providing the cheapest energy in the National System. Our units reached operational milestones, among those were AES Andres and ITABO S.A.’s units, which generated 2,089 GWh and 1,613.6 GWh with natural gas and coal respectively, exceeding both their annual record highs. AES Andres and DPP’s units achieved a high rate equivalent availability factor. During 2012, the natural gas market achieved sales records, showing growth of 149.55% over the previous year, increasing the sales directed to the electricity sector, which caused AES Dominicana to conduct spot purchases of LNG in the international market to meet rising demand. AES Dominicana shows its commitment to the country by strengthening its position using natural gas and efficiently restoring the use of coal. Proof of this is the “Máximo Galardón” Silver Medal award we received, in the Major Industry category of the National Quality Awards. Our culture of operational excellence and asset management allows us to contribute to the country’s sustainable development, the environment and the communities we serve.

At the end of this year 2012, AES Dominicana contributed an average of 37.8% of all the energy we sued the National Interconnected Electric System.

Marco De la Rosa Presidente AES Dominicana

7


Safety First Act with Integrity Honoring Commitments Strive for Excellence Enjoy Our Work


STATISTICAL Report 2012

PEOPLE OF AES OUR VALUES Safety First: We will always put safety first for our people, contractors and communities. Act with Integrity: We are honest, trustworthy and dependable. Integrity is at the core of all we do, how we conduct ourselves and how we interact with one another and all of our stakeholders. Honoring Commitments: We honor our commitments to our communities, customers, teammates, owners, suppliers and partners; and we want our businesses, as a whole, to make a positive contribution to society. Strive for Excellence: We strive to be the best in all that we do and to perform at world-class levels. Enjoy Our Work: We work because work can be fun, fulfilling and exciting. We enjoy our work and appreciate the fun of being part of a team that is making a difference. Combustible Primario: Gas Natural

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AES DOMINICANA BACKGROUND The first investment of AES in the Dominican Republic was the purchase of DPP in 1997 from NGC, an asset that was in their power as a result of their merger with Destec companies. DPP is the owner of Los Mina V and Los Mina VI, two 118 MW open cycle gas turbines. From May of 1996 until August of 2001, DPP operated under the Independent Private Producer scheme, selling all of its production to La Corporación Dominicana de Electricidad (CDE). Then, after an agreement between DPP and CDE, the contract between both parties was cancelled and a new electricity sale arrangement was established between DPP and EDEESTE, which included a backup contract with the CDE. In 2000, AES confirmed its commitment to the long-term development of the Dominican Republic by constructing AES ANDRES. The project included a combined cycle of 319 MW, a liquefied natural gas terminal and a gas pipeline connecting to the DPP power station. In December of 2000, AES took another important step when it acquired the assets of GENER, obtaining a participation of 25% in the ITABO S.A. power plant. Since May 1st, 2003, Dominican Power Partners operates to supply its electricity sales contract with EDEESTE, selling its excess generation and buying what it needs in the spot market. Also in 2003, AES ANDRES began its operations and became the most efficient power station of Latin America, representing a jump towards sustainable development for the country using clean energy. This new investment improved the strategic position of the country that formerly depended 90% on petroleum derivatives to supply its electricity needs. In 2006, AES Dominicana acquired another 25% of the ITABO S.A. equity, formerly owned by El Paso. AES, now with 50% of ITABO’s equity, took control of the operative and administrative areas.

12



PROFILE OF THE GROUP AES Dominicana has two deep-sea port infrastructures: ITABO’s and Andres’ International Piers, used to discharge the coal and liquefied natural gas used for electricity production. It also has, in its AES Andres’ facilities, the first terminal intended for the distribution of liquefied natural gas in specialized trucks.

AES began operations in the Dominican Republic with the intent to provide value to the national energy market and contribute to the development of the communities where it serves. Today, AES Dominicana is positioned as the principal investment group in the Dominican Electric Sector, with modern facilities for energy production and the most competitive fuels for power generation in the system.

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As a business group, AES Dominicana combines a global perspective with deep local knowledge and a relentless commitment to operational excellence

As a business group, AES Dominicana combines a global perspective with deep local knowledge and a relentless commitment to operational excellence. There has been a consistent pattern of improvement year after year in generation and efficiency. AES serves as a model to the rest of the players in the electric sector by displaying the best practices of corporate governance within the industry in the Dominican Republic.

AES Dominicana supports the growth of its business by standing upon a strong foundation consisting of its code of conduct, corporate social responsibility, environmental care and its people, which are its most valuable resource.

15


Power Generation Units


Then describes the main technical characteristics of the generating units AES Dominicana.


AES Dominicana

AES ANDRES

Primary Fuel: Natural Gas Commercial Operation Date: December 2nd, 2003 Gas Turbine Manufacturer: Mitsubishi Gas Turbine Capacity: 198 MW Gas Turbine Speed: 3,600 rpm Inlet Heat Recovery Steam Generator Temperature: 610 ºC Gas Turbine Generator Manufacturer: Mitsubishi Gas Turbine Generator Nominal Capacity: 218.5 MVA Gas Turbine Generator Nominal Voltage: 18 kV Gas Turbine Generator Cooling System: Air Steam Turbine Manufacturer: Hitachi Steam Turbine Capacity: 121 MW Steam Turbine Speed: 3,600 rpm Steam Pressure: 124 kg/cm² Steam Temperature: 568 ºC Steam Turbine Generator Manufacturer: Siemens

18


StaTistical Report 2012 Installed Capacity: 319 MW Technology: COMBINED CYCLE

Steam Turbine Generator Nominal Capacity: 134 MVA Steam Turbine Generator Nominal Voltage: 13.8 kV Steam Turbine Generator Cooling System: Air Advantages: Low Environmental Impact and More Energetic Efficiency

19


AES Dominicana

AES DPP

Primary Fuel: Natural Gas Commercial Operation Date: May 19th 1996 Manufacturer: Westinghouse Turbine Speed: 3,600 rpm Turbine Stages: Four (4) Compressor Stages: Nineteen (19) Outlet Gas Temperature: 630 ยบC Generator Nominal Capacity: 2 x 142 MVA Generator Nominal Voltage: 13.8 kV Generator Speed: 3,600 rpm Generator Cooling System: Air Advantages: Fast Manufacture and Installation; Low Environmental Impact

20


STATISTICAL Report 2012

Installed Capacity: 2 x 118 MW Technology: Open Cycle Gas Turbine (OCGT)

21


AES Dominicana

ITABO I

EGE ITABO

Primary Fuel: Mineral Coal Secondary Fuel: Fuel Oil 6 Tertiary Fuel: Fuel Oil 2 Commercial Operation Date: July 17th, 1984 Turbine Manufacturer: Brown Bovery Company Turbine Speed: 3,600 rpm Steam Pressure: 141 kg/cm² Steam Temperature: 535 ºC Generator Manufacturer: Foster Wheeler Generator Nominal Capacity: 150.6 MVA Generator Nominal Voltage: 13.8 kV Generator Cooling System: Hydrogen Advantages: Provides Economic Base Electricity Generation

ITABO II

Primary Fuel: Mineral Coal Secondary Fuel: Fuel Oil 6 Tertiary Fuel: Fuel Oil 2 Commercial Operation Date: May 10th, 1988 Turbine Manufacturer: General Electric Turbine Speed: 3,600 rpm Steam Pressure: 146 kg/cm² Steam Temperature: 540 ºC Generator Manufacturer: General Electric Generator Nominal Capacity: 155.3 MVA Generator Nominal Voltage: 13.8 kV Generator Cooling System: Hydrogen Advantages: Provides Economic Base Electricity Generation

22


STATISTICAL Report 2012

Installed Capacity: 128 MW Technology: Steam Turbine Installed Capacity: 132 MW Technology: Steam Turbine

Installed Capacity: 34.5 MW Technology: Gas Turbine

SAN LORENZO I Primary Fuel: Fuel Oil 2 Secondary Fuel: Natural Gas Commercial Operation Date: August 25th 2012 Manufacturer: General Electric Turbine Speed: 5,133 rpm Turbine Stages: Three (3) Compressor Stages: Seventeen (17) Outlet Gas Temperature: 550 ยบC Generator Nominal Capacity: 53.412 MVA Generator Nominal Voltage: 13.8 kV Generator Speed: 3,600 rpm Generator Cooling System: Air Advantages: Operational flexibility with fast boot to meet increased demand during peak hours. Fuel Reception Facilities 23


AES Dominicana

Fuel reception facilities

24


StaTistical Report 2012

AES ANDRES’S INTERNATIONAL PIER AES Andres Power Station is located at Boca Chica, just fifteen (15) minutes from Santo Domingo. The power station has a pier and a terminal for liquefied natural gas unloading and it also has the capacity to receive Fuel Oil #2. Inside the facility, the terminal has an unloading ship system that consists of three (3) arms with a capacity of 10,000 m3 per hour. It also has a double wall cryogenic tank with the capacity to store 160,000 m3. In addition, the terminal has a re-gasification system with the capacity to convert 370 million cubic feet from liquid to gas per day. Finally, it has a boil-off security system to handle the gases of the cryogenic tank in order to keep the inner pressure at an atmospheric level.

25


AES Dominicana

Liquefied Natural Gas Terminal Inside the facility, the terminal has an unloading ship system that consists of three (3) arms with a capacity of 10,000 m3 per hour. It also has a double wall cryogenic tank with the capacity to store 160,000 m3. In addition, the terminal has a re-gasification system with the capacity to convert 370 million cubic feet from liquid to gas per day. Finally, it has a boil-off security system to handle the gases of the cryogenic tank in order to keep the inner pressure at an atmospheric level.

AES ANDRES – DPP NATURAL GAS PIPELINE In addition to the LNG Terminal, a natural gas pipeline was built in order to supply natural gas to the DPP power units, improving its efficiency and competitiveness. Technical Details | Length: 34 km | Pipe Diameter: 12 inches | Max Pressure: 100 bar | Average Pressure: 50 bar | Control Valve Station: Five (5)

In 2011, Estrella del Mar II, a Bi-Fuel power plant that runs with natural gas and Fuel Oil #2 that belongs to the Transcontinental Capital Corporation group, began its operations. This generation plant gets natural gas through a pipeline connected to gas station # 4 of DPP in Los Mina.

Cryogenic Distribution Terminal In 2009, AES Dominicana decided to invest in the first LNG tank loading terminal in Latin America, for the distribution of liquefied natural gas directly to other customers besides AES. The advantage of using liquefied natural gas is the ability to carry higher energy content to distant locations without incurring losses during transportation. The LNG tank loading terminal has two loading bays (with the possibility of doubling the capacity) and a loading rate of 68 m3 / h, which means that the average customer service time (from admission to the complex to the departure) is approximately one hour. 26


StaTistical Report 2012

Main Characteristics:

ITABO S.A. International Pier

Fourteen (14) meters deep: Enables the docking of vessels like Handymax (45,000 mt) and Panamax (65,000 mt). Auto-discharging vessels required. Discharge Capacity of 1,200 metric tons per hour.

The International Pier of ITABO is located in the coastal area of the ITABO power plant in the municipality of Bajos de Haina in the province of San Cristobal. The pier is located next to the western port of Haina, approximately 8 kilometers southwest of Santo Domingo’s western quadrant. Since 2006, ITABO International Pier has been operating as a reception point for mineral coal, which is utilized in its vapor units, adding a greater degree of autonomy to the process and reducing the overall cost of coal. The pier extends 535 meters into the sea. It has a system to transport solids with the capacity to load and unload bulk products. In addition, it has a mooring system with six (6) tugboats, four of which serve for the ship’s arrival and two for the ship’s engagement to the pier. It also has a signal system for approaching vessels, located in two towers with adjacent lamps, as well as water lighting tracks and a lighting system in one of the tugboats.

27


AES Dominicana

28


StaTistical Report 2012

Natural Gas Sales Since 2007, two years after AES Andres signed its first natural gas supply agreement with a local distribution company, AES Dominicana has been at the forefront of the business in selling natural gas, opening the door to nationwide distribution into new markets that previously could not enjoy the advantages of this fuel. Today, AES Andres is the only distribution terminal of liquefied natural gas in the Dominican Republic, as well as the first to be installed in Latin America. This adds value by contributing to the evolution and diversification of the national energy matrix. The following chart shows the percentage of natural gas that AES Andres sold in the Dominican market in 2012 separated into three economic sectors: Industrial, Electricity Generation and Transportation (Natural Gas Vehicles). .

29


AES Dominicana

Natural Gas sales to Third Parties [TBtu]

Natural Gas Sales by Use 2012 [11,131.387.50 MMBtu]

In the above chart we can see the increase per year of natural gas sales to companies outside the group AES Dominicana. As planned, in 2012 the sale of natural gas exceeded the previous year’s sales by 149.55%, i.e. third party users’ demand increased by more than double of what was sold in 2011.

The following graph shows the monthly natural gas sales by economic sector during 2012.

7% 12.0

10.0

46% TBtu

8.0

6.0

4.0

47%

2.0

2007

2008

2009

2010

2011

2012 INDUSTRIAL ngv GNV electricity Generación generation Electricidad

30


StaTistical Report 2012

Natural Gas Sales By Final Consumption 2012 [MMBtu] AES Dominicana continues its commercial relationships with different local distributors, which are responsible for the physical distribution of LNG throughout the country. These are: LINEA CLAVE, SOLUCIONES DE GAS NATURAL, PLATERGAS, PROPAGAS and TROPIGAS

1,200,000

1,000,000

MM Btu

800,000

600,000

400,000

200,000

y

y

ar

ar

J

u an

Fe

u br

M

ch ar

il

r Ap

INDUSTRIAL

M

ay

o

n Ju NGV

31

r

t

y

l Ju

s gu

A

ELECTRICITY GENERATION

Se

p

m te

be m ve

be

O

o ct

r

r

r

be

No

De

be m ce


AES Dominicana

Energy Balance The table below details AES Dominicana’s 2012 monthly balances of energy production, energy purchases and energy sales through contracts and spot market transactions.

AES Dominicana Energy Balance 2012 [GWh] AES ANDRES

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2012

CONTRACT SALES EDEESTE EDESUR DPP SEABOARD UNR SPOT SALES/(SPOT PURCHASES) ANDRES PRODUCTION

34.5

39.8

42.2

44.1

50.3

10.0

10.0

10.0

10.0

13.8

17.7

18.7

13.6

10.0

16.7

43.1

5.5

6.7

3.8

6.5

3.1

3.1

3.3

3.1

2.2

2.4

2.3

2.6

2.6

2.1

2.7

2.6

2.0

31.0

84.2

83.7

92.0

90.9

92.3

85.7

88.7

87.5

81.5

84.1

84.2

78.3

1,033.0

-

62.5 -

60.5 -

68.2 -

68.5 -

67.1 -

64.5 -

64.6 -

666.6 40.0 159.2

(43.9)

2.7

14.7

16.5

20.6

17.8

(3.6)

12.9

28.1

22.2

29.7

43.1

161.0

91.5

157.0

180.5

177.1

185.5

184.9

191.1

176.5

186.7

179.7

187.3

190.9

2,088.8

ITABO S.A. CONTRACT SALES EDESUR

58.4

56.8

60.5

60.3

69.2

67.7

70.1

67.3

67.7

67.1

63.6

62.1

770.7

EDENORTE

42.3

40.5

44.0

44.5

51.6

50.6

52.9

51.7

50.8

51.5

47.0

47.0

574.5

EDEESTE

24.6

23.4

24.8

25.9

29.6

29.7

29.8

28.4

28.5

28.0

26.9

26.7

326.4 99.8

CONTRACT PURCHASES SEABOARD SPOT SALES/(SPOT PURCHASES) ITABO PRODUCTION

-

-

-

-

-

40.3

59.5

39.7

-

20.3

-

14.9

-

3.6

7.1

(38.2)

(17.5)

(6.5)

-

10.6

-

(0.4)

11.9

(3.8)

41.8

165.0

141.0

144.2

134.3

157.5

109.8

135.4

140.9

157.7

146.2

109.1

72.6

1,613.6

103.5

98.2

104.3

109.0

124.3

124.9

125.0

119.3

119.8

117.4

112.9

112.1

1,370.7

DPP CONTRACT SALES EDEESTE CONTRACT PURCHASES ANDRES

13.8

17.7

18.7

13.6

10.0

16.7

43.1

5.5

6.7

3.8

6.5

3.1

159.2

SPOT SALES/(SPOT PURCHASES)

19.4

11.5

12.2

11.1

5.2

4.0

2.6

10.4

10.2

13.6

13.8

16.8

130.8

109.1

92.0

97.7

106.5

119.5

112.2

84.5

124.2

123.3

127.2

120.2

125.8

1,342.3

DPP PRODUCTION

32


StaTistical Report 2012

PRODUCTION OF ELECTRICITY 2012

CONTRACT SALES 2012 [4,972.5 GWh]

[5,304.4 GWh] VENTA POR CONTRATO

VENTAS OTROS AGENTES

VENTAS DISTRIBUIDORES

VENTA SPOT

VENTAS USUARIOS NO REGULADOS

13%

6%

9%

94%

78% VENTAS Distribution DISTRIBUIDORES Company Sales

Contract VENTA PORSales CONTRATO

VENTAS Third Party OTROS Sales AGENTES

Spot VENTASales SPOT

Non-regulated VENTAS Users’ Sales USUARIOS NO

REGULADOS

13%

6%

9% The following table shows the most common indicators and operational rates applied to power generation units of AES Dominicana. 33


AES Dominicana

Operational Indicators The following table shows the most common indicators and operational rates applied to power generation units of AES Dominicana.

HEAT RATE [Btu/KWh]

EAF

14,000.00

100% 90%

12,000.00

80% 70%

10,000.00 60% 50%

6,000.00

40%

4,000.00

30% 20%

2,000.00 10% 0%

ANDRES

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6

34

ANDRES

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6


StaTistical Report 2012

EFOF

Relevant Events

AES ANDRES and DPP obtained remarkable values, all below 2%.

8%

Unit

Description

From

To

7%

Los Mina 5

Scheduled major maintenance

1/27/2012

2/3/2012

6%

Los Mina 6

Scheduled major maintenance

7/7/2012

7/18/2012

ITABO 1

Scheduled major maintenance

4/1/2012

4/7/2012

ITABO 2

Scheduled major maintenance

11/17/2012

12/31/2012

Andres

Scheduled major maintenance

1/17/2012

2/3/2012

San Lorenzo

Begins commercial operation

August 2012

Andres

Installation of the third train of regasification

January 2012

5% 4% 3% 2%

Silver Medal Recognition "Maximum Award" in the 1%

Large Industry category by the National Quality Andres

0%

ANDRES

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6

35

Award.

October 2012

H


AES Dominicana

Wholesale Electricity Market Brief History of the Dominican Electricity Sector In 1997 the capitalization process began. It was instituted due to serious problems in the electricity market caused by a deficit in energy generation, poor quality service and a lack of capital investment for the development of the electricity sector. The capitalization process was formalized in June 24, 1997, with the publication of the State Companies Reform Law. Before this process, generation, transmission and distribution assets in the Dominican Republic were owned by CDE, who by law, was the only entity authorized to operate in the electricity sector. In the mid 90s, CDE signed several power purchase agreements with independent power producers; increasing the system’s installed capacity with private capital. During this period, the sector was regulated by a series of administrative resolutions issued by the Industry and Commerce Ministry. Through the different stages of the capitalization process, the assets held by CDE were divided into eight state-owned companies: CDEEE, a parent holding company; three distribution companies: EDENORTE, EDESUR and EDEESTE; three generation companies: HAINA, ITABO, HIDRO; and the power transmission company ETED. In 1999, the three distribution companies and the two thermal generation companies were capitalized through the sale of 50% of the stocks to private investors. The Dominican Government remained with 49% of the stocks and the last 1% was sold to the employees of these companies.

36


StaTistical Report 2012

In July 2001, the Electricity General Law was issued, establishing the institutions of the sector and the rules under which it will operate. In July 2002, the Electricity General Law Rulebook was issued, completing the electrical sector’s new legislation. In 2007, law number 186-07 modified the Electricity General Law and its Rulebook. The new law’s goal was to penalize electrical fraud and establish other measures to obtain the electrical sector’s financial viability.

The table below allows us to view the installed capacity of the system by Generation Company and by technology. 37


AES Dominicana

Generation The electricity generation park of the Dominican Republic is mainly composed of 86% of thermoelectric units, while the other 14% is composed of hydro electrical units. During 2012 the following generation units joined the SENI (National Electric Interconnected System): INCA KM 22, which belongs to Monterio and Los Origenes, which belongs to Los Origenes Power Plant.

Installed Capacity by Fuel Type

Installed Capacity by Technology [3,226.1 MW AS OF DECEMBER 2012]

[3,226.1 MW AS OF DECEMBER 2012]

18.1%

18.7% 18.1%

0.8% 36.6% 11.4%

21.4%

1.0%

28.1%

1.0%

21.9% CICLO COMBINADO

TURBINA HIDRÁULICA

MOTORES GAS NATURAL

MOTORES DIESEL DIESEL

TURBINA A VAPORSTEAM

TURBINA GAS TURBINE DE GAS

COMBIMED CYCLE

ENGINE

HYDRO TURBINE TURBINE

NATURAL GAS ENGINES

13.2%

9.7%

TURBINA EÓLICA

TURBINE WIND

FUEL OIL 6

38

FUEL OIL 2

NATURAL GAS

CICLO WATER COMBINADO

TURBINACOAL HIDRÁULICA

MOTORES WIND GAS NATURAL

MOTORES DIESEL

TURBINA A VAPOR

TURBINA DE GAS

TURBINA EÓLICA


StaTistical Report 2012

INSTALLED CAPACITY BY COMPANY AND TECHNOLOGY [DECEMBER 2012]

GENERATION COMPANY

STEAM

GAS

COMBINED

DIESEL

NATURAL GAS

TURBINE

TURBINE

CYCLE

ENGINE

ENGINE

260.0

34.5

AES ANDRES ITABO S.A.

HYDRO

WIND TURBINE

319.0

DPP

236.0

AES DOMINICANA

260.0

270.5

EGE HAINA

343.4

100.0

319.0 102.0

33.0

110.0

319.0

9.9%

294.5

9.1%

236.0

7.3%

849.5

26.3%

578.4

17.9% 18.1%

41.3

41.3

1.3% 5.7%

583.2

SEABOARD

[%]

583.2

EGEHID METALDOM

[MW]

73.3

183.3

GPLV

194.5

194.5

6.0%

MONTE RIO

14.6

14.6

0.5%

CEPP

67.7

67.7

2.1%

LAESA

111.0

111.0

3.4%

LOS ORIGENES

25.0

PUEBLO VIEJO

100.1

25.0

0.8%

100.1

3.1%

INDEPENDENT PRIVATE PRODUCERS [IPP'S] SAN FELIPE

185.0

185.0

5.7%

CESPM

291.0

291.0

9.0%

RIO SAN JUAN TOTAL [MW]

1.5 603.4

370.5

905.0

39

706.0

25.0

583.2

33.0

1.5

0.0%

3,226.10

100.0%


AES Dominicana

GENERATING INSTALLED CAPACITY BY COMPANY [DECEMBER 2012] It is important to note that in 2012, AES Dominicana, with its AES Andres, ITABO S.A. and DPP power plants encompassed 26.3% of the installed capacity of the generation park, and had the most competitive fuel mix in the market (coal and natural gas). The tables below show the power plants that had been installed as of December 2012, specifying the fuel, technology and installed capacity.

THERMOELECTRIC UNITS COMPANIES

TECHNOLOGY

CAPACITY [MW]

Natural Gas Coal Coal Fuel Oil 2 / Natural Gas Natural Gas Natural Gas

Combined Cycle Steam Turbine Steam Turbine Steam Turbine Gas Turbine Gas Turbine

319.00 128.00 132.00 34.50 118.00 118.00 849.50

EGE HAINA HAINA I HAINA II HAINA IV SAN PEDRO VAPOR PUERTO PLATA I PUERTO PLATA II HAINA TG BARAHONA CARBĂ“N SULTANA DEL ESTE JUANCHO LOS COCOS SubTotal

Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 2 Coal Fuel Oil 6 Wind

Steam Turbine Steam Turbine Steam Turbine Steam Turbine Steam Turbine Steam Turbine Gas Turbine Steam Turbine Diesel Engine Wind Turbine

54.00 54.00 84.90 30.00 27.90 39.00 100.00 53.60 102.00 33.00 578.40

GPLV PALAMARA LA VEGA SubTotal

Fuel Oil 6 Fuel Oil 6

Diesel Engine Diesel Engine

107.00 87.50 194.50

CDEEE SAN FELIPE CESPM I CESPM II CESPM III RIO SAN JUAN SubTotal

Fuel Oil 6 Fuel Oil 2 Fuel Oil 2 Fuel Oil 2 Fuel Oil 2

Combined Cycle Combined Cycle Combined Cycle Combined Cycle Diesel Engine

185.00 97.00 97.00 97.00 1.50 477.50

Fuel Oil 6 Natural Gas

Diesel Engine Combined Cycle

73.30 110.00 183.30

AES DOMINICANA ANDRES ITABO I ITABO II SAN lORENZO I LOS MINA V LOS MINA VI SubTotal

SEABOARD ESTRELLA DEL MAR 40 ESTRELLA DEL MAR 2 SubTotal CEPP

FUEL


SubTotal

StaTistical Report 2012

CDEEE SAN FELIPE CESPM I CESPM II CESPM III RIO SAN JUAN COMPANIES SubTotal AES DOMINICANA SEABOARD ANDRES ESTRELLA DEL MAR ITABO I ESTRELLA DEL MAR 2 ITABO II SubTotal SAN lORENZO I CEPPMINA V LOS LOS VI CEPPMINA I CEPP II SubTotal SubTotal EGE HAINA PUEBLO HAINA I VIEJO HAINA MONTEII RIO HAINA IV SubTotal SAN PEDRO VAPOR METALDOM PUERTO PLATA I METALDOM PUERTO PLATA II SubTotal HAINA TG BARAHONA CARBÓN LAESA SULTANA PIMENTELDEL I ESTE JUANCHO COCOS PIMENTEL LOS II

SubTotal PIMENTEL III SubTotal GPLV MONTE RIO PALAMARA INCA KM22 LA VEGA SubTotal SubTotal LOS ORIGENES LOS ORIGENES CDEEE SubTotal SAN FELIPE Total Thermoelectric CESPM I CESPM II CESPM III RIO SAN JUAN EGEHID - RESERVOIR HYDRO SubTotal TAVERA I TAVERA II SEABOARD JIGUEY I DEL MAR ESTRELLA JIGUEY II DEL MAR 241 ESTRELLA AGUACATE I SubTotal AGUACATE II CEPP VALDESIA I

194.50

Fuel Oil 6 Combined Cycle Fuel Oil 2 Combined Cycle Fuel Oil 2 Combined Cycle Fuel Oil 2 THERMOELECTRIC UNITS Combined Cycle Fuel Oil 2 Diesel Engine FUEL TECHNOLOGY

185.00 97.00 97.00 97.00 1.50 CAPACITY [MW] 477.50

Natural Gas Fuel Oil 6 Coal Natural Gas Coal Fuel Oil 2 / Natural Gas Natural Gas Natural Fuel OilGas 6 Fuel Oil 6

Combined Cycle Diesel Engine Steam Turbine Combined Cycle Steam Turbine Steam Turbine Gas Turbine Gas Turbine Diesel Engine Diesel Engine

319.00 73.30 128.00 110.00 132.00 183.30 34.50 118.00 118.00 16.50 51.20 849.50 67.70

Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 6 Fuel Oil 2 Coal Fuel Oil 6 Wind Fuel Oil 6

Steam Turbine Steam Turbine Diesel Engine Steam Turbine Steam Turbine Steam Turbine Diesel Engine Steam Turbine Gas Turbine Steam Turbine Diesel Engine Wind Turbine Diesel Engine

54.00 54.00 100.10 84.90 100.10 30.00 27.90 41.30 39.00 41.30 100.00 53.60 102.00 31.60 33.00 28.00

Fuel Oil 6

Diesel Engine

578.40 51.40 111.00

Fuel Oil 6 Fuel Oil 6 Fuel Oil 6

Diesel Engine Diesel Engine Diesel Engine

107.00 14.60 87.50 14.60 194.50

Natural Gas

Natural Gas Engine

25.00 25.00 185.00 2,642.9 97.00 97.00 97.00 1.50 CAPACITY [MW] 477.50 48.00 48.00 49.00 73.30 49.00 110.00 26.00 183.30 26.00 27.00

Fuel Oil 6 Fuel Oil 2 Fuel Oil 2 HYDROELECTRIC UNITS Fuel Oil 2 Fuel Oil 2 FUEL Water Water Water Fuel Oil 6 Water Natural Gas Water Water Water

Combined Cycle Combined Cycle Combined Cycle Combined Cycle Diesel Engine TECHNOLOGY Hydro Turbine Hydro Turbine Hydro Diesel Turbine Engine Hydro Turbine Combined Cycle Hydro Turbine Hydro Turbine Hydro Turbine


AES Dominicana

GENERATING INSTALLED CAPACITY BY COMPANY [DECEMBER 2012]

HYDROELECTRIC UNITS EGEHID - NON-RESERVOIR HYDRO TAVERA I TAVERA II JIGUEY I JIGUEY II AGUACATE I AGUACATE II VALDESIA I VALDESIA II RIO BLANCO I RIO BLANCO II MONCION I MONCION II RINCON PALOMINO I PALOMINO II PINALITO I PINALITO II SubTotal Reservoir

42

FUEL Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water

TECHNOLOGY Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine

CAPACITY [MW] 48.00 48.00 49.00 49.00 26.00 26.00 27.00 27.00 12.50 12.50 26.00 26.00 10.10 30.00 30.00 25.00 25.00 497.1


StaTistical Report 2012 HYDROELECTRIC UNITS EGEHID - NON-RESERVOIR HYDRO

FUEL

TECHNOLOGY

CAPACITY [MW]

LOPEZ ANGOSTURA CONTRA EMBALSE MONCION I CONTRA EMBALSE MONCION II BAIGUAQUE I BAIGUAQUE II HATILLO JIMENOA EL SALTO ANIANA VARGAS I ANIANA VARGAS II DOMINGO RODRIGUEZ I DOMINGO RODRIGUEZ II ROSA JULIA DE LA CRUZ NIZAO NAJAYO LOS ANONES SABANA YEGUA LAS DAMAS SABANETA LOS TOROS I LOS TOROS II MAGUEYAL I MAGUEYAL II LAS BARIAS SubTotal Non-Reservoir

Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water Water

Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine Hydro Turbine

18.40 1.60 1.60 0.60 0.60 8.00 8.40 0.70 0.30 0.30 2.00 2.00 0.90 0.30 0.10 12.80 7.50 6.30 4.90 4.90 1.50 1.50 0.90 86.1

Total HYDRO

583.20

GRAND TOTAL

3,226.1

43


AES Dominicana

Transmission The Electrical Transmission Company of the Dominican Republic (ETED) is a state-owned company with the primary objective of building, operating and sustainably managing the grids and substations of the electric interconnected system of the Dominican Republic, in order to provide quality service at reasonable prices. The electrical infrastructure consists of a total length of 4723.95 km of lines at 345, 138 and 69 KV, where the 345 KV network, which links the North Zone with the area of ​​Santo Domingo, is the most economically important and functional one. It has a length of 129.9 km at a maximum transmission power of 1200 MVA per circuit. In addition, the National Transmission System consists of approximately 2660.93 km of transmission lines at 138 kV and can be referred to as the Sub-backbone network; also 1933.13 km of 69 kV lines. It operates and maintains approximately 85 substations, owned and shared. Because of its radial configuration, the National Electric Interconnected System is divided into four zones: Santo Domingo Zone, South Zone, North Zone and East Zone. The most important substations of these zones are: Palamara and Hainamosa in the Santo Domingo Zone, Pizarrete in the Southern Zone, Bonao II and Canabacoa in the Northern Zone and San Pedro II in the Eastern Zone.

Electricity Distribution Three distribution companies manage the electricity distribution of the national interconnected grid: EDESUR Dominicana, S. A. EDENORTE Dominicana, S. A. Empresa Distribuidora de Electricidad del Este, S. A. These companies obtain their energy from the electric system through high voltage bus bars, which are later transformed to minor tensions and then conducted through each company’s grids within their zones of concession until these reach their final users. The distribution company lines within the national grid contain a mechanism of automatic load shedding, implemented in various distribution company substations through low frequency and low voltage relays, which serve to disconnect the electrical load automatically through different phases. This mechanism is reviewed and updated periodically by the Organismo Coordinador, the independent market operator. 44


StaTistical Report 2012

Energy Balance In the following table we can observe the monthly energy balance during 2012. This includes the net injections of the generation companies as well as the distribution companies and non-regulated users’ withdrawals; the last two have been grouped independently from the generation companies with which they have a power supply contractual arrangement.

ELECTRICITY MARKET BALANCE 2012 [GWh] Jan

Feb

Mar

Apr

Jun

Jul

91.5

157.0

180.5

177.1

185.5

184.9

191.1

176.5

186.7

179.7

187.3

190.9

2,089

ITABO S.A.

165.0

141.0

144.2

134.3

157.5

109.8

135.4

140.9

157.7

146.2

109.1

72.6

1,614

DPP

109.1

92.0

97.7

106.5

119.5

112.2

84.5

124.2

123.3

127.2

120.2

125.8

1,342

AES Dominicana

365.6

390.1

422.4

417.9

462.4

406.9

411.0

441.6

467.7

453.1

416.6

389.2

5,045

94.6

96.3

103.3

159.7

218.8

140.2

127.1

142.1

158.9

165.6

191.5

173.6

1,772

AES ANDRES

EGEHID

May

Aug

Sep

Oct

Nov

Dec

2012

CDEEE-IPP's

142.2

87.9

49.4

39.6

62.2

179.0

160.1

143.4

94.3

112.0

48.6

62.5

1,181

EGE HAINA

108.9

96.0

93.1

99.9

88.7

92.0

129.8

102.5

82.7

98.4

134.5

121.7

1,248

GPLV

79.7

72.9

88.7

84.8

96.2

99.7

106.2

92.6

103.4

101.7

99.8

103.2

1,129

SEABOARD

43.1

43.0

88.4

94.4

115.8

112.9

120.9

122.7

111.2

111.5

109.5

123.4

1,197

CEPP

28.9

32.4

33.1

23.0

24.6

25.2

28.5

21.6

26.7

28.1

30.9

27.5

330

-

-

-

-

-

-

5.3

3.0

4.8

4.5

6.5

4.1

28

PVDC

36.9

54.8

50.1

30.6

32.9

42.2

40.2

30.4

35.0

33.8

13.3

21.9

422

METALDOM

22.8

16.7

20.0

14.6

14.9

14.7

19.4

20.6

21.3

18.5

15.0

16.5

215

LAESA

58.2

58.0

71.4

66.0

65.1

57.6

65.8

59.4

70.2

70.8

68.1

60.7

771

MONTE RIO

LOS ORÍGENES

-

-

GENERATION

980.7

948.0

1,019.8

-

1,030.5

-

1,181.7

-

1,170.3

-

1,214.2

-

1,180.0

-

1,176.2

-

1,198.0

-

1,137.0

2.8

1,119.3

14.8

13,356

17.6

EDESUR

310.8

301.9

321.4

321.2

369.6

361.2

374.6

358.3

359.3

355.9

336.7

329.6

4,100

EDENORTE

258.8

248.1

269.3

272.4

315.7

309.5

324.0

316.6

311.2

315.6

287.9

287.9

3,517

EDEESTE

3,467

261.7

248.4

263.7

275.6

314.4

315.9

316.3

301.8

303.1

297.0

285.5

283.5

FALCONDO

48.2

45.0

49.7

51.5

-

-

-

-

-

-

-

-

UNR's

82.1

85.3

97.8

91.9

158.8

162.2

173.7

177.2

175.3

202.1

197.1

188.4

1,792

961.6

928.7

1,158.5

1,148.8

1,188.7

1,153.8

1,148.9

1,170.4

1,107.2

1,089.4

13,070

DEMAND PERDIDAS PERDIDAS %

1,001.9

1,012.7

194

19.09

19.31

17.96

17.88

23.20

21.54

25.55

26.19

27.33

27.59

29.88

29.81

285.35

1.95%

2.04%

1.76%

1.74%

1.96%

1.84%

2.10%

2.22%

2.32%

2.30%

2.63%

2.66%

2.14%

45


AES Dominicana

Capacity Balance The companies that resulted with the largest participation in the firm capacity market were HIDRO with 19.4% AES Andres with 14.0% ITABO S.A. with 12.1% HAINA with 10.0%. The remaining companies had figures that individually represented less than 10%. As can be observed below, AES Dominicana had a participation of 30.0% in the firm capacity market.

FIRM CAPACITY BY GENERATION COMPANY 2012 [MW] %

JAN

FEB

MAR

APR

MAY

JU N

JU L

AUG

SEP

OCT

NOV

DEC

MW

AES ANDRES

280.59

280.59

280.59

280.58

280.59

280.50

280.57

278.99

271.61

258.48

251.72

250.19

272.92

14.0%

ITABO S.A.

225.90

225.90

225.89

225.89

225.90

225.80

225.90

233.15

257.95

254.09

251.09

245.74

235.27

12.1%

DPP

84.37

86.35

97.89

105.50

88.64

78.80

73.00

68.21

59.95

58.91

58.13

60.07

76.65

3.9%

AES DOMINICANA

590.86

592.84

604.37

611.97

595.13

585.10

579.47

580.35

589.51

571.48

560.94

556.00

584.84

30.0%

HIDRO

315.78

329.67

329.39

326.31

328.24

355.64

381.01

394.08

413.87

443.56

460.85

469.10

378.96

19.4%

CDEEE-IPPs *

201.15

194.30

216.69

214.72

171.74

142.02

127.20

111.44

92.51

86.66

84.31

83.93

143.89

7.4%

HAINA

236.84

227.79

233.74

231.20

209.47

193.02

183.17

175.95

166.22

161.34

157.23

154.64

194.22

10.0%

GP LV

189.96

189.96

189.96

189.93

189.93

189.90

189.94

189.94

189.94

189.94

189.94

189.94

189.94

9.7%

SEABOARD

71.88

71.89

71.89

71.88

151.54

180.11

180.15

180.15

180.15

180.15

180.15

180.15

141.67

7.3%

CEPP

65.16

65.16

65.09

65.09

65.09

65.09

65.09

64.99

64.65

63.75

63.45

63.08

64.64

3.3%

MONTERIO

0.00

0.00

0.00

0.00

0.00

0.00

0.00

14.16

14.16

5.90

0.3%

MET ALDOM

40.59

40.59

40.59

40.56

40.56

40.54

40.56

40.56

40.56

40.56

40.56

40.56

40.57

2.1%

PVDC

96.42

96.42

96.42

96.42

96.42

96.39

96.42

96.42

96.42

96.42

96.42

96.42

96.42

4.9%

LAESA

108.42

108.43

108.43

108.43

108.43

108.42

108.43

108.43

108.43

108.43

108.43

108.43

108.43

5.6%

Total

1,917.1

1,917.0

1,956.6

1,956.5

1,956.6

1,956.2

1,951.4

1,956.5

1,956.4

1,956.5

1,956.4

1,956.4

1,949.5

100.0%

*Only includes San Felipe and CESPM.

46

14.17

14.17

14.17


StaTistical Report 2012

Maximum Demand The system’s maximum demand is the highest power consumed by distribution companies. Generally, this happens during system peak hours. Maximum demand is data used in capacity recalculation since a preliminary estimated maximum demand is used prior to computing these figures. The system remunerates only the maximum capacity effectively recorded as demanded during the year. The following table shows 2012’s monthly power production and power consumptions during system peak hours.

MONTHLY PEAK DEMAND 2012 [MW] Month

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

D24 H20

D21 H20

D13 H20

D20 H21

D30 H22

D12 H21

D30 H21

D09 H21

D20 H21

D5 H20

D15 H20

D24 H20

GROSS GENERATION

1,773

1,791

1,895

1,832

1,946

1,972

1,987

1,985

2,008

2,067

1,948

1,941

NET GENERATION sub-transmission voltage

1,713

1,731

1,834

1,773

1,886

1,911

1,924

1,921

1,942

2,001

1,887

1,895

NET GENERATION transmission high-voltage

1,708

1,726

1,829

1,769

1,881

1,907

1,918

1,916

1,936

1,996

1,881

1,890

Empresa Distribuidora de Electricidad del Este S.A.

474

486

513

515

542

536

533

500

514

557

512

520

EdeNorte Dominicana S.A.

481

476

545

456

519

536

539

515

534

533

535

542

EdeSur Dominicana S.A.

525

516

527

555

548

551

559

585

576

572

522

568

NRU

122

128

133

132

217

223

244

266

265

271

267

179

Other

73

84

80

82

10 9

8

12

9

11

9

4

1,675

1,690

1,798

1,739

1,836

1,854

1,883

1,878

1,897

1,944

1,847

1,812

34

36

31

30

45

52

35

38

39

52

34

78

1.96%

2.09%

1.67%

1.72%

2.39%

2.74%

1.84%

1.98%

2.01%

2.58%

1.83%

4.12%

Day / Hour GENERATION

DEMAND

TOTAL DEMAND Loss [MW] Loss [%]

In 2012, the total injection of electrical energy in the system was 13,329 GWh. The companies who supplied the most were AES Andres with 15.7%, HIDRO with 13.3%, ITABO S.A. with 12.1%, DPP with 10.1%, HAINA with 9.7% and SEABOARD with 9.0%. AES Dominicana contributed 37.8% of the energy in the Electricity Wholesale Market, reaching the highest market share in the generation sector.

47


AES Dominicana

PARTICIPATION PROCUREMENT POWER BY FUEL TYPE

ENERGY SUPPLY BY FUEL TYPE

0.7%

In 2012, 35.4% of the supplied energy was produced with Fuel Oil 6, holding the most participation in the fuel market; natural gas came in second with 31.2%, followed by coal coming in third with 14.6%.

13.2% 35.4%

31.2%

14.6% 4.8%

48

FUEL FUELOIL OIL6 6

VIENTO WIND

AGUA WATER

GAS NATURAL NATURAL GAS

FUEL FUELOIL OIL2 2

CARBÓN COAL MINERAL


StaTistical Report 2012

International Fuel Prices The next graph shows the average monthly price of each fuel type in US$/MMBtu. The prices for FO 6 and FO 2 were referenced by the international publications by Platts at the US Golf Coast Port. The prices of coal were referenced by FOB Bolivar Port, in Colombia with a gross heat value of 11,300 Btu/lb and the natural gas prices were referenced by the monthly average of the front month future price quotations in the NYMEX (Henry Hub). In 2012, natural gas and coal maintained the most competitive prices of those used in the Interconnected National Electrical System for the generation of thermal energy. Of the fossil fuels used for electrical generation, Fuel Oil 6 and Fuel Oil 2 maintained the highest prices.

INTERNATIONAL FUEL PRICES 2012 [US$/MMBtu] The table below presents the value of fuel prices in the international market expressed in US$/MMBtu. MINERAL CARBĂ“N COAL FUEL FUEL OILOIL 6 6

NATURAL GAS GAS NATURAL NYMEX FUEL FUEL OILOIL 2 2

25

US$/MMBtu US$/MMBTU

20 15

Fuel Oil 6 and Fuel Oil 2 maintained the highest prices.

10 5 0 ENE JAN

FEB FEB

MAR

ABR APR

MAY MAY

JUN JUN

JUL JUL

AGO AUG

SEP SEP

OCT OCT

49

NOV NOV

DICDEC

The table below presents the value of fuel prices in the international market expressed in US$/MMBtu.


AES Dominicana

FUELS INTERNATIONAL PRICES FOR ELECTRICITY GENERATION 2012 [US$/MMBtu] MINERAL CARBÓN CARBÓN US$/MTCOAL NATURAL GAS GAS NATURAL GAS NATURAL US$/MMBtu FUEL OIL OIL66 FUEL FUEL OIL 6OIL US$/BBLS FUEL FUEL OIL 22

ENE JAN 4.19 95.84 2.71 2.71 16.33 102.89 21.55

FEB

MAR MAR

JUN JUN

JUL JUL

3.42 78.21 2.50 2.50 13.80 86.92 18.69

3.53 80.75 2.96 2.96 14.54 91.58 19.72

3.55 81.24 2.92 2.92 16.02 100.90 22.39

OCT OCT 3.40 77.84 3.49 3.49 15.27 96.20 22.15

DIC DEC

3.49 79.91 2.49 2.49 15.67 98.73 20.99

AGO AUG 3.74 85.66 2.80 2.80 15.80 99.56 21.66

NOV

3.86 88.22 2.30 2.30 17.72 111.62 22.89

ABR APR 3.86 88.27 2.05 2.05 17.24 108.60 22.50

MAY

3.94 90.19 2.53 2.53 17.32 109.09 22.58

3.43 78.40 3.68 3.68 14.75 92.93 21.07

3.02

3.16

3.20

3.15

2.94

2.62

2.76

3.03

3.13

3.10

2.95

3.50 80.06 3.44 3.44 14.87 93.65 21.04 2.95

FUEL OIL 2 US$/GAL

SEP SEP

Below are the prices with the original units: MINERAL US$/MT COAL US$/MT CARBÓN NATURAL GAS US$/MMBtu US$/MMBtu GAS NATURAL FUEL OIL OIL 66 US$/BBLS US$/BBLS FUEL FUEL OIL OIL 22 US$/GAL US$/GAL FUEL

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

95.84 2.71 102.89 3.02

90.19 2.53 109.09 3.16

88.22 2.30 111.62 3.20

88.27 2.05 108.60 3.15

79.91 2.49 98.73 2.94

78.21 2.50 86.92 2.62

80.75 2.96 91.58 2.76

85.66 2.80 99.56 3.03

50

SEP

OCT

NOV

DEC

81.24 2.92 100.90 3.13

77.84 3.49 96.20 3.10

78.40 3.68 92.93 2.95

80.06 3.44 93.65 2.95


StaTistical Report 2012

Electricity Spot Price The short-term marginal cost is the variable cost necessary to produce an additional unit of energy considering the demand and generation park available. The next graph presents 2012’s maximum and average monthly spot price.

MARGINAL COST ENERGY 2012 [US$/MWh] CMg PROM

CMg MAX

US$/MWh

US$/MMWH

300 250 200

The following table demonstrates 2012’s monthly average energy spot prices.

150 100 50 0 ENE FEB FEB MAR MAR APR ABR MAY MAY JUN JUN JUL JUL AUG AGOSEP SEP OCT OCT NOV NOV DEC DIC JAN

MARGINAL COST ENERGY 2012 [US$/MWh] JAN CMg PROM 179 CMg MAX 214

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC AVERAGE

193

204

195

198

203

188

184

204

206

197

184

195

228

241

245

240

220

203

212

228

232

222

215

225

These price comparisons must be in American dollars since energy’s marginal cost is determined by the production costs of power generation companies, whose fuel prices are acquired in the international market, which are in American dollars. Attached are the exchange rates in dollars that were used for this report.

51


AES Dominicana

Capacity Spot Price and Connection Right Capacity’s marginal cost is the price for which the transactions of Firm Capacity are valued, and is determined by what is established in Article 278 of the Regulation of the General Law of Electricity. This also corresponds to the monthly calculations for the Connection Right Unit Price, which is established in Article 364. At the end of 2005 the Superintendence of Electricity emitted Resolution No. 108 in which they ordered to recalculate the Connection Right Unit Price using the definitive capacity transactions.

CAPACITY SPOT PRICE AND CONNECTION RIGHTS 2012 [US$/KW-month] Capacity Spot Price Connection Right

US$/kW-month

12 10 8 6 4 2 0 JAN FEB

MAR APR MAY JUN

JUL

AUG SEP OCT NOV DEC

The next table indicates the monthly unitary marginal cost of capacity and connection right.

CAPACITY SPOT PRICE AND CONNECTION RIGHT 2012 [US$/KW-mes] JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Average

Capacity Spot

8.15

8.24

8.28

8.35

8.37

8.36

8.35

8.33

8.36

8.35

8.29

8.35

8.32

Connection Right

3.90

3.24

1.35

1.75

3.74

4.11

3.28

3.08

2.93

2.16

0.46

2.52

2.71

52


StaTistical Report 2012

Frequency Regulation Service The following graph demonstrates the margins contributed by each company that participated in the frequency regulation market, as well as the established norm of the General Law of Electricity, which indicates generation companies must reach between 3% and 5% of the demand, both primarily and secondarily.

PRIMARY FREQUENCY REGULATION SERVICE CONTRIBUTION 2012 [GWh] 70 60 50 40 30 20 10 0 Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

AES ANDRES

DPP

HIDRO

SAN FELIPE

FALCON

HAINA

GPLV

SEABOARD

METALDOM

MONTERIO

5% Demanda

3% Demanda

Dec

AES Dominicana, with the participation of AES Andres and DPP, was the company that contributed the most in the primary regulation of frequency, with as much as 27% and 55%, bringing a total of 82% of the reserve margins in 2012, maintaining the quality and reliability of the market.

53


AES Dominicana

SECONDARY FREQUENCY REGULATION SERVICE CONTRIBUTION 2012 [GWh] 70 60 50 40 30 20 10 0 Jan

Feb

Mar

AES ANDRES

Apr

HIDRO

May

Jun

Jul

DPP

Aug

CDEEE

Sep

5% Demanda

Oct

Nov

Dec

3% Demanda

In the secondary regulation of frequency, AES Andres and DPP contributed approximately 52% and 26%, bringing a total of 78% of the reserve margins during 2012. The hydroelectric companies and CDEEE contributed 7% each in the market, the latter through its IPP contracts. Non-Regulated Users Market

54


StaTistical Report 2012

NON-REGULATED USERS MARKET NON-REGULATED USERS MARKET EVOLUTION 2012 [GWh]

AES ANDRES SEABOARD EDESUR EDENORTE

JAN 84.14

FEB 83.72

MAR 91.98

APR 90.80

MAR 92.04

JUN 85.77

JUL 88.66

AUG 87.51

SEP 81.52

OCT 84.08

NOV 84.18

DEC 78.31

GWh 1,033

% 59.8%

3.10

3.30

3.56

3.02

3.34

6.89

7.13

7.04

7.46

7.60

7.17

6.30

66

3.8%

11.36

11.26

12.14

11.35

12.38

12.12

12.11

12.84

14.36

14.46

14.19

13.00

152

8.8%

0.61

0.63

0.68

0.65

0.76

0.76

1.91

2.90

4.31

4.57

4.60

3.53

26

1.5%

EDEESTE

17.97

15.47

19.50

19.33

24.81

23.34

26.29

25.36

25.22

26.17

25.41

25.11

274

15.9%

HIDRO

12.71

14.69

15.26

14.19

15.94

13.90

14.55

13.91

14.02

14.68

13.76

12.05

170

9.8%

MERCADO SPOT Total Retiros

0.39

1.21

1.71

1.37

1.61

0.51

0.36

0.41

0.12

0.58

0.16

0.14

9

130.28

130.27

144.82

140.71

150.88

143.28

151.01

149.98

147.01

152.14

149.48

138.44

1,728

The Superintendencia de Electricidad is the agency responsible for assessing whether a company qualifies as a Non-Regulated User. As of 2012, this institution had issued 164 licenses to enable the NRU status. However, currently only 71 are using their licenses in the wholesale electricity market. Below is the monthly amount of energy that was supplied by each agent to its NRUs during 2012. The table above shows that the NRU average monthly withdrawal in the wholesale electricity market was 124.50 GWh, which represented 11.4% of the SENI average monthly withdrawal in 2012. In addition, during 2012 the NRU total withdrawal was 1,494.04 GWh of energy, from which AES Dominicana provided 838 GWh, which represented a monthly average of 70 GWh and 56% market share for all of 2012. Only in December did AES Dominicana’s participation in the NRU market reach 59%.

55

0.5% 100.0%


AES Dominicana

The following graph shows the NRU market share evolution by agents in 2012.

NON-REGULATED USERS MARKET EVOLUTION 2012 100% 90 % 80 % 70 % 60 % 50 % 40 % 30 % 20 % 10 % 0% JAN

FEB AES ANDRES

MAR SEABOARD

APR

MAY EDESUR

JUN

JUL

EDENORTE

AUG EDEESTE

SEP

OCT

NOV

MERCADO SPOT

DEC HIDRO

This graph highlights the positioning of companies such as EDEESTE and AES Andres, the main participants in the market, followed by the hydroelectric company and EDESUR.

56


StaTistical Report 2012

Contract Market Energy Contracts, also known as PPAs (Power Purchase Agreements), are bilateral agreements for the buying and selling of electricity, capacity and other complementary services, made liberally between two parts, one who generates electricity with the purpose to sell (seller) and the other with the need to buy the electricity (buyer).

SYSTEM ENERGY SALES 2012 [GWh] Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

GWh

%

AES ANDRES

135.5

154.5

166.0

160.8

165.0

167.2

194.9

163.7

159.4

157.7

157.8

148.0

1,930.5

13.7%

DPP

103.5

98.2

104.3

109.0

124.3

124.9

125.0

119.3

119.8

117.4

112.9

112.1

1,370.7

9.7%

ITABO S.A.

125.3

120.7

129.3

130.7

150.4

148.0

152.8

147.4

147.1

146.6

137.5

135.8

1,671.6

11.8%

HAINA

150.6

145.1

158.2

159.7

188.4

196.6

206.4

204.5

228.0

254.3

239.7

239.9

2,371.3

16.8%

MONTERIO

-

-

-

-

-

-

3.1

3.0

4.8

4.5

6.5

4.1

26.0

0.2%

SEABOARD

3.1

3.3

3.6

3.0

3.3

6.9

7.1

7.0

7.5

7.6

47.5

65.8

165.7

1.2%

89.4

92.8

101.6

158.1

215.8

136.2

122.8

136.8

153.0

157.6

177.2

166.1

1,707.5

12.1%

GENERATORS

HIDRO LAESA

56.0

56.0

26.0

65.0

65.0

65.0

65.0

65.0

65.0

26.0

26.0

26.0

606.0

4.3%

CDEEE

163.4

154.5

164.9

167.4

188.6

183.6

193.6

233.1

202.8

216.8

183.0

182.0

2,233.7

15.8%

CEPP

23.2

22.3

24.2

24.4

28.3

27.8

29.1

28.4

27.9

28.3

25.8

25.8

315.7

2.2%

GPLV

79.5

72.8

88.4

84.6

96.0

99.4

105.8

92.4

103.0

101.4

99.4

102.7

1,125.5

8.0%

PVDC

-

-

-

-

-

-

26.6

30.3

35.0

33.8

13.1

21.8

160.5

1.1%

Total

794.0

765.8

800.3

901.9

1,060.2

988.4

1,037.4

1,067.2

1,093.9

1,094.3

1,068.7

1,082.2

13,684.8

96.8%

11.4

11.3

12.1

11.3

12.4

12.1

12.1

12.8

14.4

14.5

14.2

13.0

151.6

1.1%

DISTRIBUTION COMPANIES EDESUR EDENORTE EDEESTE Total

0.6

0.6

0.7

0.7

0.8

0.8

1.9

2.9

4.3

4.6

4.6

3.5

25.9

0.2%

18.0

15.5

19.5

19.3

24.8

23.3

26.3

25.4

25.2

26.2

25.4

25.1

274.0

1.9%

929.5

920.3

966.3

1,062.7

1,225.3

1,155.6

1,205.7

1,200.6

1,218.3

1,218.2

1,213.3

1,208.4

451.4

3.2%

AES Dominicana, as a group, held the largest market share in the contractual energy market in 2012 with AES Andres (13.7%), DPP (9.7%) and ITABO S.A. (11.8%) supplying a total of 35.2% of all contracts registered. The market share of HAINA (16.8%), CDEEE (15.8%) and HIDRO (12.1%), can also be noted.

57


AES Dominicana

GLOSSARY B BAR: The point of the electrical system prepared to deliver and withdraw electricity. BTU: British Thermal Unit of measurement. It is a unit of heat in the English European System. Its equivalent in the International System (IS) is the Calorie. The prices of Natural Gas are usually expressed in US$/MMBtu. 1 BTU is equivalent to 252 Calories (Cal). C CONTRACTS MARKET: The market for transactions of sale and purchase of electricity based on freely negotiated contracts for supply. COMBINED CYCLE: a machine composed of two phases: one phase of gas and the other phase of steam. Typically the whole entity consists of a gas turbine, a heat recuperation boiler, a steam turbine, and one or several electrical generators. F FIRM POWER: The power that can be supplied by each generating unit during peak hours, with a high level of security/safety. FREQUENCY REGULATION: Actions necessary to maintain frequency within the permissible tolerances defined for the system. The OC establishes the regulation parameters, and the generator companies are responsible for providing service through their control centers. FUEL OIL: A petroleum derivative obtained as a residue after the distilling process. Being a fuel, which is heavier than those that can be distilled at atmospheric pressure, Fuel Oil is used as a fuel for electrical energy plants, boilers, and ovens. G GAS TURBINE: A machine composed of an air compressor, a turbine especially designed for this purpose, and an electrical generator. The turbine converts thermal energy from fuel, which is produced as a result of the expansion of hot gases from the explosion of the mixture of compressed air, fuel, and flame, into mechanical energy that is used by the electrical generator to produce electricity. H HYDRAULIC TURBINE: A machine that uses kinetic energy and power from water to produce a rotation movement which, transferred through an axis, directly moves a machine or generator that transforms mechanical energy into electrical energy. L LIQUID NATURAL GAS (LNG): Natural Gas processed to be transported in liquid form. It is the best alternative for transporting and storage because when transformed into liquid as atmospheric pressure and –163º C , the liquefaction process reduces the volume of gas by 600 times. M MARGINAL CENTRAL UNIT: This refers to the generating unit or units, which at optimum load dispatch increase their generation when the demand is marginally increased. MARGINAL SHORT-TERM COST: The variable costs necessary to produce one additional unit of energy, considering the demand and the generation infrastructure available. MAXIMUM ANNUAL DEMAND: The maximum gross half our demand, during a calendar year, of the total of the generator units of the system, occurring within the system´s peak hours. 58


StaTistical Report 2012

n

NATURAL GAS (NG): A mixture of gases that is frequently found in fossil beds, alone or accompanied by oil. It is composed mainly of methane in quantities greater than 90 to 95%, and in addition, usually contains other gases such as nitrogen, ethane, CO2, and traces of butane or propane, as well as small proportions of inert gases such as carbon dioxide and nitrogen. NON REGULATED USER (UNR): A user of the electrical service whose monthly demand exceeds the limits established by the Superintendency in order to be classified as a public user, and who fulfills the requirements established in the Regulation of the General Electricity Law.

o

OWN CONSUMPTION: The energy consumed by the auxiliary systems of a central unit or Substation.

p

PEAK POWER: Maximum power on the annual load curve. PRIMARY FREQUENCY REGULATION (PFR): Power that a generator unit can vary by automatic action of its system in the face of changes in the system’s frequency.

r p

RIGHT OF CONNECTION: The difference between the total annual cost of the transmission system and the right of use estimated for the year. The procedure to determine the right of use is established in the Regulation of the General Electricity Law.

s

SECONDARY FREQUENCY REGULATION (SFR): Power which a generator unit can vary, or modify, by automatic or manual action of its system of regulation in a sustained manner. SPOT MARKET: The market for transactions of short-term sale and purchase of electricity not based on term contracts where economic transactions are performed at Marginal Short Term Energy Cost and at Marginal Power Cost. STEAM TURBINE: A machine that transforms thermal energy from fuel into mechanical energy. Through a process of generation of steam produced in a boiler, which creates conditions of high temperature and pressure. The kinetic energy of the steam is used by the turbine to mechanically generate electricity.

v

VARIABLE PRODUCTION COST OF A THERMAL ELECTRICAL MACHINE: This corresponds to the cost of fuel placed in the plants, and used in the production of electrical energy, multiplied by the average specific consumption of the machine plus the variable non-fuel cost.

59


AES Dominicana

USA CONSUMER PRICE INDEX 2012

January

February

March

April

May

June

July

August

September

October

November

December

2000 2001

168.8 175.1

169.8 175.8

171.2 176.2

171.3 176.9

171.5 177.7

172.4 178.0

172.8 177.5

172.8 177.5

173.7 178.3

174.0 177.7

174.1 177.4

174.0 176.7

2002 2003 2004

177.1 181.7 185.2

177.8 183.1 186.2

178.8 184.2 187.4

179.8 183.8 188.0

179.8 183.5 189.1

179.9 183.7 189.7

180.1 183.9 189.4

180.7 184.6 189.5

181.0 185.2 189.9

181.3 185.0 190.9

181.3 184.5 191.0

180.9 184.3 190.3

2005 2006 2007

190.7 198.3 202.4

191.8 198.7 203.5

193.3 199.8 205.4

194.6 201.5 206.7

194.4 202.5 207.9

194.5 202.9 208.4

195.4 203.5 208.3

196.4 203.9 207.9

198.8 202.9 208.5

199.2 201.8 208.9

197.6 201.5 210.2

196.8 201.8 210.0

2008 2009 2010

211.1 211.1 216.7

211.7 212.2 216.7

213.5 212.7 217.6

214.8 213.2 218.0

216.6 213.9 218.2

218.8 215.7 218.0

220.0 215.4 218.0

219.1 215.8 218.3

218.8 216.0 218.4

216.6 216.2 218.7

212.4 216.3 218.8

210.2 215.9 219.2

2011 2012

220.2 226.7

221.3 227.7

223.5 229.4

224.9 230.1

226.0 229.8

225.7 229.5

225.9 229.1

226.5 230.4

226.9 231.4

226.4 231.3

226.2 230.2

225.7 229.6

60


StaTistical Report 2012

AVERAGE EXCHANGE RATE FOR PURCHASE AND SALE OF DOLLARS [2000-2012] SALE PURCHASE SALE 2001 PURCHASE SALE 2002 PURCHASE SALE 2003 PURCHASE SALE 2004 PURCHASE 2000

2005 2006 2007 2008 2009 2010 2011 2012

SALE PURCHASE SALE PURCHASE SALE PURCHASE SALE PURCHASE SALE PURCHASE SALE PURCHASE SALE PURCHASE SALE PURCHASE

January

February

March

April

May

15.98 15.98 16.62 16.62 17.05 17.05 17.56 17.76 46.09 46.64 29.84 30.40 34.56 34.84 33.70 33.90 33.76 33.89 35.37 35.49 36.11 36.19 37.45 37.54 38.86 38.95

16.05 16.05 16.66 16.66 17.15 17.15 18.17 18.37 49.23 50.44 28.85 29.22 34.17 34.44 33.36 33.51 33.83 33.96 35.56 35.65 36.19 36.27 37.63 37.72 38.94 39.02

16.05 16.05 16.66 16.66 17.15 17.15 22.72 22.92 46.52 47.18 28.30 28.60 32.56 32.85 32.79 32.96 33.92 34.04 35.67 35.77 36.30 36.37 37.76 37.85 38.99 39.07

16.05 16.05 16.66 16.66 17.56 17.70 23.78 23.98 44.35 44.81 28.25 28.54 32.11 32.33 32.23 32.40 34.03 34.14 35.83 35.92 36.42 36.51 37.84 37.90 39.02 39.08

16.05 16.05 16.66 16.66 17.56 17.76 25.60 25.80 46.92 47.69 28.70 28.91 32.49 32.73 32.14 32.29 34.01 34.13 35.95 36.04 36.70 36.79 37.89 37.96 39.02 39.09

June

July

August

16.05 16.05 16.66 16.66 17.56 17.76 28.89 29.09 48.12 48.67 28.90 29.08 32.77 32.94 32.42 32.57 34.16 34.27 35.92 36.00 36.73 36.81 38.03 38.10 39.07 39.14

16.05 16.05 16.66 16.66 17.56 17.76 34.45 34.85 44.84 45.46 28.93 29.06 32.75 32.91 32.99 33.14 34.27 34.39 35.98 36.07 36.80 36.88 38.04 38.12 39.08 39.15

16.05 16.05 16.66 16.66 17.56 17.76 33.72 34.13 41.25 42.11 29.00 29.13 32.63 32.80 32.90 33.05 34.68 34.80 36.03 36.10 36.89 36.99 38.06 38.13 39.11 39.18

September 16.38 16.38 16.66 16.66 17.56 17.76 31.70 32.25 36.95 37.62 30.42 30.82 32.95 33.12 33.31 33.46 34.83 34.95 36.06 36.13 36.98 37.07 38.15 38.21 39.20 39.29

October November 16.45 16.45 16.66 16.66 17.56 17.76 34.91 35.23 32.27 32.98 32.41 32.70 33.47 33.66 33.46 33.59 34.99 35.09 36.09 36.16 37.21 37.29 38.30 38.37 39.43 39.53

16.49 16.49 16.76 16.76 17.56 17.76 39.74 40.24 29.56 30.13 33.25 33.54 33.56 33.69 33.41 33.53 35.19 35.32 36.09 36.17 37.22 37.30 38.44 38.51 39.94 40.05

December 16.53 16.53 16.97 16.97 17.56 17.76 37.44 37.82 28.86 29.33 33.12 33.39 33.09 33.30 33.52 33.66 35.26 35.39 36.09 36.16 37.31 37.40 38.55 38.63 40.17 40.29

Average 16.18 16.18 16.69 16.69 17.45 17.59 29.06 29.37 41.25 41.92 30.00 30.28 33.09 33.30 33.02 33.17 34.41 34.53 35.89 35.97 36.74 36.82 38.01 38.09 39.24 39.32

*FUENTE: BANCO CENTRAL DE LA REPÚBLICA DOMINICANA

61


AES Dominicana

LOW AND HIGH HEATING VALUES OF COMMON FUELS PCS PCS Kcal/Kg PCS PCS Liquid Fuels Kcal/Kg OIL 10,800 PCS PCS Liquid OLEO Fuels DIESEL 10,750 Kcal/Kg OIL 10,800 OLEO FUEL 10,090 Liquid Fuels OLEO DIESEL LIQUEFIED PETROLEUM GAS 10,750 11,750 OIL FUEL 10,800 OLEO 10,090 PCS OLEO DIESEL 10,750 LIQUEFIED PETROLEUM GAS 11,750 Kcal/m3 OLEO FUEL 10,090 PCS Gaseous Fuels LIQUEFIED PETROLEUM GAS 11,750 Kcal/m3 HUMID NATURAL GAS 10,454 PCS Gaseous Fuels GAS DRY NATURAL 9,256 Kcal/m3 HUMID NATURAL GAS 10,454 PCS Gaseous Fuels GAS DRY NATURAL 9,256 Kcal/Kg HUMID NATURAL GAS 10,454 PCS Solid Fuels DRY NATURAL GAS 9,256 Kcal/Kg CHARCOAL 7,500 PCS Solid COALFuels COKE 7,300 Kcal/Kg CHARCOAL 7,500 Solid COALFuels COKE 7,300 CHARCOAL 7,500 COAL COKE 7,300

PCI PCS PCI PCI PCS PCI Kcal/Kg Kcal/L Kcal/L PCI PCS PCI PCI PCS PCI Kcal/Kg Kcal/L Kcal/L 10,008 9,374 8,686 PCI PCS PCI PCI PCS PCI 10,000 9,159 8,680 Kcal/Kg Kcal/L Kcal/L 10,008 9,374 8,686 9,583 10,217 8,318 10,000 9,159 8,680 11,000 6,486 9,548 10,008 9,374 8,686 9,583 10,217 8,318 PCI PCS PCI 10,000 9,159 8,680 11,000 6,486 9,548 Kcal/m3 9,583 Kcal/m3 10,217 Kcal/m3 8,318 PCI PCS PCI 11,000 6,486 9,548 Kcal/m3 8,240 Kcal/m3 43,770 Kcal/m3 34,500 PCI PCS PCI 8,500 38,750 35,584 Kcal/m3 8,240 Kcal/m3 43,770 Kcal/m3 34,500 PCI PCS PCI 8,500 38,750 35,584 Kcal/Kg Kj/Kg Kj/Kg 8,240 43,770 34,500 PCI PCS PCI 8,500 38,750 35,584 Kcal/Kg Kj/Kg Kj/Kg 6,500 30,560 27,213 PCI PCS PCI 6,998 30,560 29,299 Kcal/Kg Kj/Kg Kj/Kg 6,500 30,560 27,213 6,998 30,560 29,299 6,500 30,560 27,213 6,998 30,560 29,299

PCS PCS Kj/L PCS PCS Kj/L 39,250 PCS PCS 38,350 Kj/L 39,250 42,780 38,350 27,160 39,250 42,780 38,350 27,160 42,780 27,160

PCI PCI Kj/L PCI PCI Kj/L 36,371 PCI PCI 36,343 Kj/L 36,371 34,827 36,343 39,977 36,371 34,827 36,343 39,977 34,827 39,977

Energy Units

Joule

J

Cal

Btu

KVh

J

1

0.2388

0.009478

2.77E-07

Caloríes British Thermal Unit

Cal

4.1869

1

0.0039683

1.163E-06

Btu

1055.06

252

1

0.0002931

KiloWatt Hour

KVh

3600000

8598000

3412.14

1

62


StaTistical Report 2012

Mass Units Kg

Ton.

Large Ton

Short Ton

Pound

Kilo

Kg

1

0.001

0.000984

0.001102

2.2046

Ton

T

1000

1

0.984207

1.10231

2204.62

Large Ton

TL

1016

1.016

1

1.12

2240

Short Ton

TC

907

0.907

0.892857

1

2000

Pound

Lb

0.000446429

0.0005

1

Kg / m3

Lb / Feet3

Lb / Gl (UK)

Lb / Gl (US)

m3

1

0.062428

0.010022

0.008345

Pie3

16.0185

1

0.160544

0.133681

0.4535 0.0004535

Density Units Kilogram per Cubic Meter

Kg /

Pound per Cubic Feet

Lb /

Pound per UK Gallon

Lb / Gl (UK)

99.7764

6.22884

1

0.83268

Pound per US Gallon

Lb / Gl (US)

119.826

7.48047

1.20094

1

Volume Units Inch3

cm3

M3

Feet3

cm3

1

0.000001

0.0000353

M3

1000000

1

Cubic Feet

Pie3

28320.589

0.028317

Cubic Inch

Pulgada3

16.387

UK Gallon

Gal (UK)

4546.09

0.004546

0.160544

US Gallon

Gal (US)

3785.41

0.003785

0.133681

BBL

158984

0.158988

Litro (Lt)

1000.028

0.001

Cubic Centimeters Cubic Meters

Barrel Liter

Gal (UK)

Gal (USA)

BBL

Liter (Lt)

0.06102

0.00021997

0.00026417

6.2899E-06

0.006102

35.3147

61000

219.969

264.17

6.28976

1000.028

1

1727.556

6.2288

7.4805

0.178107

28.321

1

0.00360465

0.00432898

277.42

1

1.20094

0.028594

4.54596

231

0.83268

1

0.02381

3.78533

5.6146

9698.024

34.9726

42

1

158.984

0.03531

61.0255

0.219976

0.264178

1

0.0063

0.00001639 0.00057863

63

0.0001031 0.0163866


AES DOMINICANA Administrative Offices: Av. Winston Churchill 1099, Piantini Citi Group - Acr贸polis Tower, 23th floor CP 10148 Santo Domingo Dominican Republic Telephone: (809) 955-2223 Fax: (809) 955-8413 Webpage: www.aesdominicana.com.do

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