Report aes 2015 en

Page 1

S TAT IS T IC AL RE P ORT

2015 Ave. Winston Churchill No. 1099, Ensanche Piantini Torre Citi Group en Acrรณpolis, Piso 23 CP 10148 Santo Domingo, Dominican Republic Telephone: 809-955-2223 Fax: 809-955-8413 www.aesdominicana.com.do


STATISTIC AL R E P O RT

2015 Design and Layout: Luis Isidor / Q Estudio Creativo qestudiocreativo.com Digital Implementation: José García / Equipo 3


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 17 countries. Our power plants around the world cover a wide range of technologies and fuel types such as coal, fuel oil, natural gas, biomass, combined cycle, Storage, 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.


CONTENTS

10

AES DOMINICANA 2015

12 14 16 17 18 28 30 32 34 35

Letter from the President People of AES AES Dominicana Background Group Profile Power Generation Units Fuel Reception Facilities Natural Gas Sales Energy Balance Operational KPI's Operational Relevant Events

36

WHOLESALE ELECTRICITY MARKET

38 Brief History of Dominican Republic's Electric Sector 40 Generation 46 Transmission 46 Distribution 47 Energy Balance 48 Capacity 49 System Maximum Demand 50 Energy Supply by Fuel Type 50 International Fuel Prices 52 Energy Spot Price 53 Capacity Spot Price and Connection Right 54 Frequency Regulation Service 56 Non-Regulated Users Market 58 Contract Market

60

ATTACHMENTS

62 Glossary 65 Tables and Measures


AES DOMINICANA 2015


AES Andres 2,065.6 GWh ITABO 1,776 GWh DPP 1,469.3 GWh

LETTER FROM THE PRESIDENT It is a great pleasure to present the 2015 edition of the statistical report of AES Dominicana, highlighting our main assets, operational performance, as well as information on other lines of business and data of the electricity market as a whole. This year our units reached extraordinary availability indices and contributed to the National Interconnected Electric System (SENI) with large volumes of energy, especially the production of our units in relation to the rest of the market: AES Andres production reached 2,065.6 GWh, on the other hand ITABO SA and DPP achieved high levels of production of 1,776 and 1,469.3 GWh respectively. We are proud to contribute with 37.5% of all the energy demanded by the SENI using the most competitive generation fuels, natural gas and coal. In the corporate and human resources management field, the American Chamber of Commerce (AMCHAM) recognized AES Dominicana for its corporate social responsibility, by awarding it the first place in the category "Quality of Life in the Company", to promote a healthy and safe work environment, including both personal and professional development of its employees.

12 / STATISTICAL REPORT 2015

37.5% of the energy demanded by SENI

Another indicator in which AES Dominicana has remained steady for 8 consecutive years is being recognized as the most admired company in the national electricity industry, in the range of power generation companies, according to the ranking "2015 Most Admired" by the magazine “Market�. On the Best Places to Work ranking, published by the GPTW Institute, we have positioned ourselves in the 8th position within DR and in the 9th in the CA and Caribbean region. These 8 years of recognition highlight the value that adds the AES group to the economic development and the daily compromise of a group of professionals committed to operational excellence. AES Dominicana also demonstrates its commitment to the country to strengthen its position on environmental management. In 2015 it received several awards in the 3rd edition of the National Award for Cleaner Production, contest organized by the Ministry of Environment and Natural Resources, which rewards the work of companies that demonstrate the implementation of the strategy for a cleaner production (efficiency energy, sustainable use of natural resources, reduction / prevention of pollution, among others). AES Dominicana continues to focus its strategy on the competitiveness of the Dominican Republic, maintaining a constant strategy of innovation and competitive transformation; all resulting in significant savings for the national economy. We have become the bastion of stability of the electrical system by consistently developing our people, giving the possibility of providing a helping hand to the communities around us and offering our shareholders areliable and sustained return for their investment.

Edwin De los Santos President

AES DOMINICANA 2015 / 13


PEOPLE OF AES...

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 the core of all we do, how we conduct ourselves and how we interact with one another and all of our stakeholders. HONOR THEIR COMMITMENTS We honor our commitments to our communities, customers, teammates, owners, suppliers and partners; and we want that our businesses, as a whole, make a positive contribution to society. STRIVE FOR EXCELLENCE We strive to be the best in all that we do and to perform at worldclass 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.

14 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 15


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 (IPP) 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 modified and a new electricity sale arrangement was established between DPP and EDEESTE, which included a backup contract with the CDE. In 2000, AES confirms its commitment to the longterm evolution of the Dominican Republic by building AES ANDRES generation facility. The project included a combined cycle generation system of 319 MW, a Liquefied Natural Gas (LNG) station and a gas pipeline linking up the DPP power station to AES Andres.

16 / STATISTICAL REPORT 2015

In December of 2000, AES took another important step when it took over the assets of GENER, acquiring a of 25% in the ITABO S.A. power generation facility’s. 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.

GROUP PROFILE AES began operations in the Dominican Republic with the intent to add 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 national electric system.

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 energy generation and efficiency. AES serves as role 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.

AES Dominicana has two deep-sea port infrastructures: ITABO’s and Andres’s International Piers, destined to the unloading process of coal and LNG as fuel input for electricity production process. Also, at AES Andres’ facilities, has the first LNG terminal intended for the distribution of liquefied natural gas in specialized trucks.

AES DOMINICANA 2015 / 17


POWER GENERATION UNITS

Installed Capacity:

319 MW

AES ANDRES Commercial Operation Date: December 2nd, 2003 Gas Turbine Manufacturer: Mitsubishi

Technology:

Gas Turbine Capacity: 198 MW

COMBINED CYCLE

Gas Turbine Speed: 3,600 rpm Inlet Heat Recovery Steam Generator Temperature: 610 ºC Gas Turbine Generator Manufacturer: Mitsubishi Gas Turbine Generator Nameplate Capacity: 218.5 MVA Gas Turbine Generator Nominal Voltage: 18 kV Gas Turbine Generator Cooling System: Air Steam Turbine Manufacturer: Hitachi Steam Turbine NameplateCapacity: 121 MW Steam Turbine Speed: 3,600 rpm Steam Pressure: 124 kg/cm² Steam Temperature: 568 ºC Steam Turbine Generator Manufacturer: Siemens Steam Turbine Generator Nominal Capacity: 134 MVA

Primary Fuel:

NATURAL GAS

Steam Turbine Generator Nominal Voltage: 13.8 kV Steam Turbine Generator Cooling System: Air Advantages: Low Environmental Impact and More Energetic Efficiency Ventajas de esta Tecnología: Bajo Impacto Ambiental y Mayor Eficiencia Energética

18 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 19


POWER GENERATION UNITS

Installed Capacity:

2x118 MW

Technology:

GAS TURBINE

DPP 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 Nameplate 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

Primary Fuel:

NATURAL GAS

20 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 21


POWER GENERATION UNITS Installed Capacity:

128 MW Technology:

STEAM TURBINE

ITABO 1 Commercial Operation Date: July 17th, 1984

Primary Fuel:

Turbine Manufacturer: Brown Bovery Company

MINERAL COAL

Turbine Speed: 3,600 rpm Steam Pressure: 141 kg/cm² Steam Temperature: 535 ºC Generator Manufacturer: Foster Wheeler Generator Nameplate Capacity: 150.6 MVA Generator Nominal Voltage: 13.8 kV Generator Cooling System: Hydrogen Advantages: Provides Economic Base Electricity Generation

Secondary Fuel:

FUEL OIL 6

22 / STATISTICAL REPORT 2015

Tertiary Fuel:

FUEL OIL 2

AES DOMINICANA 2015 / 23


POWER GENERATION UNITS

Technology:

STEAM TURBINE Installed Capacity:

132 MW

ITABO 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 Nameplate Capacity: 155.3 MVA Generator Nominal Voltage: 13.8 kV Generator Cooling System: Hydrogen

Primary Fuel:

Tertiary Fuel:

MINERAL COAL

Advantages: Provides Economic Base Electricity Generation

FUEL OIL 2

Secondary Fuel:

FUEL OIL 6

24 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 25


POWER GENERATION UNITS

Technology:

GAS TURBINE

Installed Capacity:

34.5 MW

SAN LORENZO Commercial Operation Date: August 25th 2014 Manufacturer: General Electric Turbine Speed: 5,133 rpm Turbine Stages: Three (3)

Primary Fuel:

FUEL OIL 2

Compressor Stages: Seventeen (17) Outlet Gas Temperature: 550 ยบC Generator Nameplate Capacity: 53.412 MVA Generator Nominal Voltage: 13.8 kV Generator Speed: 3,600 rpm Generator Cooling System: Air Advantages: Operational flexibility with fast step-up to meet increased demand during peak hours.

Secondary Fuel:

NATURAL GAS

26 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 27


FUEL RECEPTION FACILITIES

AES Andres’s International Pier

Cryogenic Distribution Terminal

AES Andres Power Station is located at Boca Chica, just fifteen (15) minutes from Santo Domingo. The power station has a pier and a LNG terminal that also has the capacity to tranfer Fuel Oil #2.

In 2009, AES Dominicana decided to invest in the first LNG truck 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 transport higher energy content to distant locations without incurring losses during the transportation process. The LNG truck loading terminal has two loading bays (with the possibility to duplicate the capacity) and a truck loading rate of 35 m3/h each bay, which means that the average customer service time (from admission to the complex to the departure) is approximately one hour.

Liquefied Natural Gas (LNG) Terminal Inside the LNG facility, the unloading system consists of three (3) unloading arms designed to handle a transfer rate of 10,000 m3 per hour of LNG. It also has a double wall cryogenic tank with a capacity to store 160,000 m3 of LNG. In addition, the terminal has a re-gasification system with the capacity to convert 370 million cubic feet from liquid to gas daily. Finally, it has a boil-off security system to handle the boil of gas generated as a consequence of the storage and conversion process that takes place in the system, in order to keep the inner pressure of the tank at an atmospheric pressure.

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 of Gas Pipeline

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 #6 that belongs to the Transcontinental Capital Corporation group, began its operations. This generation plant fuel is supplied through a pipeline connected to DPP # 4 gas station, located at Los Mina’s facility.

28 / STATISTICAL REPORT 2015

ITABO S.A. International Pier 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 the main fuel of the this steam process that power the 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) dolphins, four berthing dolphin providing a point to moor and two mooring dolphin for the ship’s engagement to the pier. It also has a signaling system guiding the approaching vessels, located in two towers with adjacent lamps, as well as water lighting tracks and a lighting system in one of the tugboats. Main Characteristics:

- 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.

AES DOMINICANA 2015 / 29


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 of the region. The following chart shows the percentage of natural gas that AES Andres sold in the Dominican market in 2015 separated into three economic sectors: Industrial, Electricity Generation and Transportation (Natural Gas Vehicles).

Natural Gas Sales Regarding to Energy Consumption

The natural gas that AES Andres sold in the Dominican market in 2015 separated into three economic sectors: Industrial, Electricity Generation and Transportation.

[10,509,425 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.

NGV INDUSTRIAL

[10,509,425 MMBtu]

39%

The following graph shows the monthly natural gas sales by economic sector during 2015.

51%

Market Evolution of Third-Party Natural Gas Sales

1,400,000

[10.51 TBtu]

1,200.000 1,00,000

In the chart we can appreciate the natural gas sales per years to companies outside the group AES Dominicana.

800,000 MMBtu

ELECTRICITY GENERATION

10%

Natural Gas Sales Sectioned by Industries

600,000 14.00

400,000

12.00

200,000

10.00 JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

TBtu

-

8.00 6.00

NGV

4.00

INDUSTRIAL

2.00

ELECTRICITY GENERATION

2012

30 / STATISTICAL REPORT 2015

2013

2014

2015

AES DOMINICANA 2015 / 31


ENERGY BALANCE

Energy Sales

[5,414.19 GWh]

The table below details AES Dominicana’s 2015 monthly energy production balances, the relation between energy purchases and sales through contracts and spot market transactions.

AES Dominicana Energy Balance [GWh] 10% AES ANDRES

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2015

79.4

71.1

80.4

80.8

85.4

86.6

92.1

90.7

88.4

91.4

81.0

85.6

1,012.9

CONTRACT SALES

CONTRACT SALES EDEESTE DPP

16.0

0.1

0.7

1.7

9.3

10.4

11.6

6.7

8.7

23.2

4.0

6.9

99.3

UNR

45.9

46.3

53.0

50.5

53.1

52.0

55.5

52.8

52.3

54.0

50.4

46.7

612.4

SPOT SALES (SPOT PURCHASES)

(36.08)

(118.69)

33.12

41.67

24.03

23.41

16.45

25.79

22.36

11.79

36.23

59.85

139.9

PRODUCTION

105.78

0.79

188.54

196.22

191.63

191.49

193.68

196.29

190.95

197.54

192.28

220.43

2,065.6

61.7

57.1

64.8

64.0

67.7

69.6

73.0

72.8

71.4

74.2

65.3

67.1

808.9

SPOT

90%

Contract Sales [4,776.64 GWh]

ITABO S.A. CONTRACT SALES EDESUR EDENORTE

45.0

40.7

46.2

48.3

50.5

49.8

52.9

53.3

51.5

52.8

47.5

48.3

586.8

EDEESTE

26.5

23.7

26.8

26.9

28.5

28.9

30.7

30.2

29.5

30.5

27.0

28.5

337.6

SPOT SALES (SPOT PURCHASES) PRODUCTION

34.8

14.2

(14.5)

(21.5)

(9.7)

(8.1)

4.9

1.1

9.9

3.9

7.1

20.2

42.2

168.0

135.7

123.5

117.8

137.1

140.2

161.5

157.5

162.2

161.3

147.0

164.1

1,776.0

111.2

99.5

112.6

113.1

119.6

121.2

128.9

127.0

123.8

128.0

113.4

119.8

1,418.0

DPP

13%

CONTRACT SALES EDEESTE CONTRACT PURCHASES ANDRES

16.0

0.1

0.7

1.7

9.3

10.4

11.6

6.7

8.7

23.2

4.0

6.9

99.3

SPOT SALES (SPOT PURCHASES)

14.0

23.9

25.2

14.1

8.7

4.8

3.3

6.3

7.2

8.1

18.2

13.7

147.5

109.4

123.5

137.4

125.8

119.3

115.9

120.9

126.8

122.6

113.1

127.8

126.9

1,469.3

PRODUCTION

87%

NON-REGULATED USER DISTRIBUTION COMPANY

ITABO, S.A. Through hole 2015, the energy contract between ITABO S.A and EDEESTE, EDESUR and EDENORTE.

DPP Through hole 2015, the energy contract between DPP and EDEESTE continued. As the energy back-up contract between Andres and DPP.

32 / STATISTICAL REPORT 2015

AES DOMINICANA 2015 / 33


OPERATIONAL KPI’S

AES Dominicana EFOF The following table shows the most common indicators and operational rates applied to the power generation units of AES Dominicana. As we can evaluate from the following chart the 2015 Equivalent Availability Factor (EAF) was a very particular indicator for each one of AES Dominicana generation units. 2015 was a year for AES ANDRES and DPP considering that the EAF levels go through 87.96% for AES ANDRES to a great 97.4% for DPP. This represents the result of all the effort and investment dedicated to the Operational Excellence.

It was a good year for AES ANDRES and DPP considering that the EAF levels go through 87.96% for AES ANDRES to a great 97.4% for DPP.

Other important fact is that through all 2015 the EAF percentage for ITABO’s generation Units (ITABO 1 and ITABO 2) keeping levels between 89.47% to 81.88%. Also AES Dominicana counted with the support of the Fondo Patrimonial de las Empresas Reformadas (FOMPER), on the hard work to position ITABO, S. A. at the vanguard of operational excellence and administrative gestion of the AES Group.

2.50 2.00

%

1.50 1.00 0.50 AES ANDRES

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6

OPERATIONAL RELEVANT EVENTS

AES Dominicana Heat Rate

The most relevant operative event on 2015 for AES Dominicana generation units can be resumed to mayor maintenance outages periods. This and other relevant events are presented on the following table:

14,000 12,000

Operational Relevant Events

BTU / KWh

10,000 8,000 6,000

Unit

Description

4,000

LOS MINA 6

Major maintenance

2,000

AES ANDRES

Major maintenance

AES ANDRES

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6

AES Dominicana EAF

From

To

Hours

5-Jan-2015

13-Jan-2015

192

18-Jan-2015

27-Feb-2015

960

ITABO 1

Major maintenance

26-Feb-2015

7-Mar-2015

216

ITABO 2

Major maintenance

15-Apr-2015

7-May-2015

528

LOS MINA 5

Major maintenance

29-May-2015

2-Jun-2015

96

DPP

Maximum annual energy generation in DPP [1,469.29 GWh]

2015

100.0 90.0 80.0 70.0 60.0 %

50.0 40.0 30.0 20.0 10.0 0.0 AES ANDRES

34 / STATISTICAL REPORT 2015

ITABO 1

ITABO 2

LOS MINA 5

LOS MINA 6

AES DOMINICANA 2015 / 35


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 contracts with independent power producers (IPP); increasing the system installed capacity with private capital investment. During this period, the sector was regulated by a series of administrative resolutions, issued by the Industry and Commerce Ministry.

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.

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.

38 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 39


GENERATION The electricity generation park of the Dominican Republic is mainly composed of 81.42% of thermoelectric units, 16.46% hydroelectric units while the other 2.12% is composed of wind generation. The following graph allows us to view the installed capacity of the system by technology.

AES Dominicana, with its AES Andres, ITABO S.A. and DPP power plants encompassed 22.7% of the installed capacity of the generation park.

Installed Capacity by Company and Technology [At December 2015]

It is important to note that, AES Dominicana, with its AES Andres, ITABO S.A. and DPP power plants encompassed 22.7% of the installed capacity of the generation park, and had the most competitive fuel mix in the market (coal and natural gas).

Installed Capacity by Technology

The tables below show the power plants that had been installed as of December 2015, specifying the fuel, technology and installed capacity.

[3,741.08 MW at December 2015]

16.5% STEAM TURBINE

16.2%

GAS TURBINE

9.9%

WIND TURBINE

2.1%

DIESEL ENGINE

17.9%

COMBINED CYCLE

35.9%

NATURAL GAS ENGINE

1.6%

HYDRO TURBINE

16.5%

16.2%

GENERATION COMPANY

STEAM TURBINE

GAS TURBINE

AES ANDRES ITABO S.A.

17.9%

NATURAL GAS ENGINE

WIND TURBINE

236.0

AES DOMINICANA

260.0

270.5

319.0

EGE HAINA

346.1

100.0

215.0

102.0

79.5

EGEHID

615.7

METALDOM

42.0

SEABOARD GPLV

TOTAL [MW]

[%]

319.0

8.5%

294.5

7.9%

236.0

6.3%

849.5

22.7%

842.6

22.5%

615.7

16.5%

42.0

1.1%

108.0

2.9%

194.5

194.5

5.2%

39.8

39.8

1.1%

108.0

CEPP

76.8

76.8

2.1%

LAESA

111.0

111.0

3.0%

59.2

1.6%

315.1

8.4%

185.0

4.9%

300.0

8.0%

1.9

0.1%

3,741.08

100.0%

LOS ORIGENES

[3,741.08 MW at December 2015]

HYDRO

34.5

MONTE RIO

Installed Capacity by Fuel Type

DIESEL ENGINE

319.0 260.0

DPP

35.9%

COMBINED CYCLE

59.2

PUEBLO VIEJO

215.0

SAN FELIPE

185.0

100.1

INDEPENDENT PRIVATE PRODUCERS [IPP'S] CESPM FUEL OIL 6

42.1%

FUEL OIL 2

10.7%

FUEL OIL 6 / NATURAL GAS

4.5%

FUEL OIL 2 / NATURAL GAS

0.9%

COAL

8.4%

16.5%

300.0

RIO SAN JUAN TOTAL [MW]

1.9 606.1

370.5

1,342.0

668.1

59.2

615.7

79.5

14.8% 42.1%

WIND 2.1% NATURAL GAS

14.8%

10.7%

WATER 16.5%

40 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 41


THERMOELECTRIC UNITS (CONT.)

Installed Capacity by Generation Company

COMPANIES

[At December 2015]

FUEL

TECHNOLOGY

CAPACITY [MW]

CAPACITY [MW]

CESPM I

FUEL OIL 2

COMBINED CYCLE

100.00

CESPM II

FUEL OIL 2

COMBINED CYCLE

100.00

CESPM III

FUEL OIL 2

COMBINED CYCLE

100.00

RIO SAN JUAN

FUEL OIL 2

DIESEL ENGINE

SubTotal

AES DOMINICANA AES ANDRES

TECHNOLOGY

CDEEE

THERMOELECTRIC UNITS COMPANIES

FUEL

1.90 301.90

NATURAL GAS

COMBINED CYCLE

319.00

ITABO I

COAL

STEAM TURBINE

128.00

SEABOARD

ITABO II

COAL

STEAM TURBINE

132.00

ESTRELLA DEL MAR 2

FUEL OIL 2 / NATURAL GAS

GAS TURBINE

34.50

SubTotal

LOS MINA V

NATURAL GAS

GAS TURBINE

118.00

LOS MINA VI

NATURAL GAS

GAS TURBINE

118.00

CEPP

849.50

CEPP I

FUEL OIL 6

DIESEL ENGINE

18.70

CEPP II

FUEL OIL 6

DIESEL ENGINE

58.10

SAN LORENZO I

SubTotal

FUEL OIL. 6 / NATURAL GAS

COMBINED CYCLE

108.00

SubTotal

EGE HAINA

108.00

76.80

HAINA I

FUEL OIL 6

STEAM TURBINE

54.00

HAINA II

FUEL OIL 6

STEAM TURBINE

54.00

PVDC

HAINA IV

FUEL OIL 6

STEAM TURBINE

84.90

MONTE RIO

FUEL OIL 6

DIESEL ENGINE

100.10

SAN PEDRO VAPOR

FUEL OIL 6

STEAM TURBINE

33.00

QUISQUEYA 1

FUEL OIL 6

COMBINED CYCLE

215.00

PUERTO PLATA I

FUEL OIL 6

STEAM TURBINE

27.60

SubTotal

PUERTO PLATA II

FUEL OIL 6

STEAM TURBINE

39.00

HAINA TG

FUEL OIL 2

GAS TURBINE

100.00

METALDOM

BARAHONA CARBÓN

COAL

STEAM TURBINE

53.60

METALDOM

SULTANA DEL ESTE

SubTotal

FUEL OIL 6

DIESEL ENGINE

102.00

JUANCHO LOS COCOS 1

WIND

WIND TURBINE

25.20

JUANCHO LOS COCOS 2

WIND

WIND TURBINE

46.00

QUILVIO CABRERA QUISQUEYA 2

315.10

FUEL OIL 6

DIESEL ENGINE

42.00 42.00

LAESA

WIND

WIND TURBINE

8.25

PIMENTEL I

FUEL OIL 6

DIESEL ENGINE

31.60

FUEL OIL 6

COMBINED CYCLE

215.00

PIMENTEL II

FUEL OIL 6

DIESEL ENGINE

28.00

842.55

PIMENTEL III

FUEL OIL 6

DIESEL ENGINE

51.40

SubTotal

SubTotal

111.00

GPLV MONTERIO POWER CORPORATION

PALAMARA

FUEL OIL 6

DIESEL ENGINE

107.00

LA VEGA

FUEL OIL 6

DIESEL ENGINE

87.50

BERSAL

FUEL OIL 6

DIESEL ENGINE

25.20

194.50

INCA KM22

FUEL OIL 6

DIESEL ENGINE

14.60

SubTotal

SubTotal

39.80

SAN FELIPE SAN FELIPE SubTotal

FUEL OIL 6

COMBINED CYCLE

185.00

LOS ORIGENES

185.00

LOS ORIGENES SubTotal

Total Thermoelectric

42 / STATISTICAL REPORT 2015

FUEL OIL. 6 / NATURAL GAS

NATURAL GAS ENGINE

59.20 59.20

3,125.4

WHOLESALE ELECTRICITY MARKET / 43


HYDROELECTRIC UNITS COMPANIES

HYDROELECTRIC UNITS (CONT.)

FUEL

TECHNOLOGY

CAPACITY [MW]

TAVERA I

WATER

HYDRO TURBINE

48.00

TAVERA II

WATER

HYDRO TURBINE

48.00

JIGUEY I

WATER

HYDRO TURBINE

49.00

JIGUEY II

WATER

HYDRO TURBINE

49.00

AGUACATE I

WATER

HYDRO TURBINE

30.00

AGUACATE II

WATER

HYDRO TURBINE

30.00

VALDESIA I

WATER

HYDRO TURBINE

27.00

VALDESIA II

WATER

HYDRO TURBINE

27.00

RIO BLANCO I

WATER

HYDRO TURBINE

12.50

RIO BLANCO II

WATER

HYDRO TURBINE

12.50

MONCION I

WATER

HYDRO TURBINE

26.00

MONCION II

WATER

HYDRO TURBINE

26.00

RINCON

WATER

HYDRO TURBINE

10.10

PALOMINO I

WATER

HYDRO TURBINE

40.83

PALOMINO II

WATER

HYDRO TURBINE

40.80

PINALITO I

WATER

HYDRO TURBINE

25.00

PINALITO II

WATER

HYDRO TURBINE

25.00

EGEHID - RESERVOIR HYDRO

SubTotal Reservoir

COMPANIES

FUEL

TECHNOLOGY

CAPACITY [MW]

DOMINGO RODRIGUEZ I

WATER

HYDRO TURBINE

2.00

DOMINGO RODRIGUEZ II

WATER

HYDRO TURBINE

2.00

ROSA JULIA DE LA CRUZ

WATER

HYDRO TURBINE

0.90

NIZAO NAJAYO

WATER

HYDRO TURBINE

0.30

LOS ANONES

WATER

HYDRO TURBINE

0.10

SABANA YEGUA

WATER

HYDRO TURBINE

12.80

LAS DAMAS

WATER

HYDRO TURBINE

7.50

SABANETA

WATER

HYDRO TURBINE

6.30

LOS TOROS I

WATER

HYDRO TURBINE

4.90

LOS TOROS II

WATER

HYDRO TURBINE

4.90

MAGUEYAL I

WATER

HYDRO TURBINE

1.50

MAGUEYAL II

WATER

HYDRO TURBINE

1.50

BRAZO DERECHO

WATER

HYDRO TURBINE

2.90

LAS BARIAS

WATER

HYDRO TURBINE

0.90

SubTotal Non-Reservoir

Total Hydro

89.0

615.73

526.7 GRAND TOTAL

3,741.08

EGEHID - NON-RESERVOIR HYDRO

LOPEZ ANGOSTURA

WATER

HYDRO TURBINE

18.40

CONTRA EMBALSE MONCION I

WATER

HYDRO TURBINE

1.60

CONTRA EMBALSE MONCION II

WATER

HYDRO TURBINE

1.60

BAIGUAQUE I

WATER

HYDRO TURBINE

0.60

BAIGUAQUE II

WATER

HYDRO TURBINE

0.60

HATILLO

WATER

HYDRO TURBINE

8.00

JIMENOA

WATER

HYDRO TURBINE

8.40

EL SALTO

WATER

HYDRO TURBINE

0.70

ANIANA VARGAS I

WATER

HYDRO TURBINE

0.30

ANIANA VARGAS II

WATER

HYDRO TURBINE

0.30

44 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 45


TRANSMISSION The Empresa de Transmisión de Eléctrica Dominicana 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 4,723.95 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 2,660.93 km of transmission lines at 138 kV and can be referred to as the Sub-backbone network; also 1,933.13 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.

DISTRIBUTION These distribution companies, three state-owned and one private, 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. Compañía de Luz y Fuerza de Las Terrenas, S.A. These companies supplies their energy from the National Interconnected Electric System through high voltage bus bars, which are later transformed to lower tensions levels and then conducted through each company’s grids within their zones of concession until these reach their final users.

ENERGY BALANCE In 2015, the total injection of electrical energy in the system was 14,177.4 GWh.

46 / STATISTICAL REPORT 2015

In 2015, the total injection of electrical energy in the system was 14,177.4 GWh. The companies who supplied the most were: EGEHAINA 19.7%, AES ANDRES 14.6%, ITABO S.A. 12.53%, DPP 10.4%, EGEHID 6.6% y SEABOARD 8.9%. AES Dominicana units as a group contributed 37.5% of the energy in the Electricity Wholesale Market, reaching the highest market share in the generation sector.

Energy Supply Participation by Company [14,177.4 GWh]

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2015

AES ANDRES

105.8

0.8

188.5

196.2

191.6

191.5

193.7

196.3

191.0

197.5

192.3

220.4

2,065.6

ITABO S.A.

168.0

135.7

123.5

117.8

137.1

140.2

161.5

157.5

162.2

161.3

147.0

164.1

1,776.0

DPP

109.4

123.5

137.4

125.8

119.3

115.9

120.9

126.8

122.6

113.1

127.8

126.9

1,469.3

AES Dominicana

383.2

260.0

449.4

439.8

448.0

447.6

476.1

480.6

475.8

472.0

467.0

511.4

5,310.9

EGEHID

74.7

80.6

89.9

81.9

68.8

76.7

64.2

56.1

79.9

80.1

89.9

91.6

934.4

CDEEE-IPP's

50.6

116.7

20.9

28.0

81.0

108.9

103.8

119.4

123.6

140.2

72.9

47.4

1,013.3

EGE HAINA

246.6

198.7

240.0

241.0

260.4

255.5

256.9

238.4

216.3

233.6

204.5

198.4

2,790.4

GPLV

108.9

94.0

86.0

81.5

80.8

78.2

89.9

101.1

87.9

89.4

57.1

56.9

1,011.7

SEABOARD

60.5

66.7

69.8

74.3

75.6

68.1

76.6

74.4

61.2

72.0

67.6

75.4

842.2

CEPP

19.8

24.0

24.6

24.8

25.1

25.4

27.2

27.5

25.2

26.2

23.4

19.0

292.1

MONTE RIO

12.1

11.7

7.1

9.1

7.7

5.8

9.1

8.4

6.4

9.1

2.3

3.0

91.8

PVDC

46.5

54.5

61.6

62.2

67.9

59.8

64.5

64.6

65.2

66.6

63.8

57.2

734.5

METALDOM

18.2

13.7

15.9

16.2

18.5

16.8

21.8

19.5

19.4

26.7

22.8

27.6

237.2

LAESA

52.8

46.1

50.7

46.5

50.1

55.5

56.5

54.1

49.4

52.2

45.9

52.1

611.8

LOS ORÍGENES

14.4

29.2

17.9

31.3

17.3

16.7

29.9

32.0

32.1

18.8

31.7

35.9

307.1

1,088.3

996.0

1,133.9

1,136.7

1,201.2

1,214.9

1,276.4

1,276.3

1,242.3

1,286.9

1,148.9

1,175.7

14,177.4

EDESUR

347.1

320.9

364.5

360.3

381.5

392.6

411.6

411.0

402.5

418.4

368.2

378.0

4,556.5

EDENORTE

297.5

269.0

305.4

319.5

333.8

329.2

349.8

352.7

340.4

349.0

314.2

319.3

3,879.7

EDEESTE

303.1

271.3

307.0

308.3

326.2

330.5

351.4

346.4

337.5

349.0

309.3

326.8

3,867.0

-

-

-

-

-

-

-

2.7

2.9

3.0

2.7

3.1

14.3

117.8

115.7

133.0

126.1

133.5

136.1

137.1

138.9

135.9

142.6

134.8

124.8

1,576.3

4.3

5.3

3.1

2.3

2.9

2.1

2.3

2.4

2.2

2.1

2.4

3.3

34.8 13,928.6

GENERATION

LFLT

The distribution company (DISCOS) electricity lines within the national DISCOS grid count with an automatic load shedding mechanism, implemented in several circuits and substations dedicated to operate in low frequency and low voltage situations, which disconnects the electrical load automatically through different stages. This mechanism is reviewed and updated periodically by the Coordinator Organism of the system, the independent market operator.

The following table indicates the monthly energy balance during 2015. This includes the net energy 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.

UNR's RETIROS INTERNOS DEMAND

1,069.7

982.2

1,113.0

1,116.5

1,177.8

1,190.6

1,252.3

1,254.1

1,221.4

1,264.1

1,131.5

1,155.3

LOSSES

18.5

13.8

21.0

20.1

23.4

24.3

24.1

22.1

20.9

22.8

17.4

20.4

248.8

LOSSES %

1.7%

1.4%

1.9%

1.8%

1.9%

2.0%

1.9%

1.7%

1.7%

1.8%

1.5%

1.74%

1.75%

WHOLESALE ELECTRICITY MARKET / 47


CAPACITY

SYSTEM MAXIMUM DEMAND

AES Dominicana as a group had a participation of 25.1% in the firm capacity market.

The generation companies that gathered the largest participation in the firm capacity market were: EGEHID 26.7%, EGEHAINA 16.9%, AES Andres 11.1%, ITABO, S.A. 9.6%, PALAMARA 8.1%, LAESA 5.4%, SEABOARD 5.4% y DPP 4.4%. The remaining generation companies that represented less than 4.4% are grouped on the same column. AES Dominicana as a group had a participation of 25.1% in the firm capacity market.

The system’s maximum demand represents the highest power consumption on a giving hour. Generally, this happens during system peak consumption hours between 18:00 and 22:00 hours of the a giving day. The Maximum demand data is uses to recalculate the real capacity consumption of the evaluated year; because 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.

Preliminary Firm Capacity

The following table shows 2015’s monthly power production and power consumptions during system peak hours. On 2015 de maximum demand occurred on September 21 at 21:00, registering a value of 2,079 MW. On this giving date, the net power withdrawn was 1,967 MW from where the 90.3% of the withdrawn where registered to the distribution companies, 9.6% to NonRegulated Users and 0.1% generators Auxiliary withdrawn.

[MW] JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

MW

% 11.1%

AES ANDRES

234.1

230.5

227.5

221.0

221.3

221.0

217.5

217.9

227.4

222.8

224.8

232.9

224.9

ITABO S.A.

204.4

202.8

200.9

195.8

194.7

195.8

193.8

188.4

190.2

186.9

186.8

187.13

193.97

9.6%

81.1

80.6

82.2

82.7

84.7

87.4

88.9

89.3

93.0

93.5

95.1

98.17

88.06

4.4%

AES DOMINICANA

519.5

514.0

510.7

499.5

500.7

504.1

500.2

495.7

510.6

503.3

506.7

518.18

506.9

25.1%

EGEHID

504.8

525.8

531.4

553.3

554.1

551.6

539.6

550.9

532.4

549.9

548.9

535.1

539.8

26.7%

14.4

1.2

1.2

0.5

0.0

0.0

0.0

0.0

0.0

0.0

0.0

-

1.44

0.1%

DPP

CDEEE-IPPs*

Monthly Maximum Demand [MW]

HAINA

346.7

345.2

344.6

343.5

342.4

341.6

340.1

338.7

339.7

338.0

337.9

338.39

341.40

16.9%

GPLV

170.4

170.3

170.6

166.1

166.2

165.9

164.2

160.7

163.0

159.4

158.7

159.84

164.62

8.1%

Month

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

D14 H20

D19 H20

D25 H21

D27 H21

D06 H22

D25 H22

D08 H22

D12 H22

D21 H21

D05 H22

D11 H21

D09 H22

1,882

1,891

1,970

1,976

2,008

2,026

2,076

2,079

2,053

1,957

108.3

108.3

108.3

108.3

108.3

108.3

108.3

108.3

108.3

108.3

108.3

108.27

108.27

5.4%

Day / Hour

CEPP

58.7

58.2

57.6

56.1

56.0

56.1

55.4

54.4

55.2

53.9

53.7

54.25

55.80

2.8%

GENERATION

MONTERIO

37.6

38.0

38.0

37.8

37.7

37.5

37.4

37.1

37.2

36.3

35.9

36.03

37.20

1.8%

Gross Generation

METALDOM

35.9

35.3

34.7

33.7

33.4

33.5

33.0

32.2

32.7

31.9

32.0

32.21

33.37

1.6%

Net Generation sub-transmission valtage

1,820

1,834

1,910

1,948

1,914

1,944

1,970

2,013

2,015

1,983

1,894

1,930

1,804

1,818

1,896

1,933

1,901

1,931

1,957

2,000

2,002

1,973

1,884

1,919

526

514

526

559

528

539

550

566

593

562

497

550

SEABOARD

PVDC

90.4

90.0

89.6

87.1

86.7

86.8

85.5

83.2

83.8

81.8

81.1

81.05

85.58

4.2%

Net Generarion transmission valtage

LAESA

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.44

108.43

5.4%

DEMAND

LOS ORIGENES POWER PLANT

24.74

24.74

24.75

24.75

24.75

24.75

46.65

57.05

57.1

57.1

57.1

57.05

40.03

2.0%

2,019.8

2,019.5

2,019.8

2,018.9

2,018.7

2,018.5

2,018.6

2,026.7

2,028.4

2,028.1

2,028.8

2,028.8

2,022.9

100.0%

Empresa Distribuidora de Electricidad del Este S.A.

Total * Only includes CESPM

1,994

EdeNorte Dominicana S. A.

522

518

574

576

573

570

579

574

581

579

576

550

EdeSur Dominicana S.A.

540

576

572

577

570

598

600

626

598

594

580

580

LFLT Non-Regulated Users [UNR] Other TOTAL DEMAND

Losses [MW] Losses [%]

48 / STATISTICAL REPORT 2015

2,000

-

-

-

-

-

-

-

5

5

5

5

5

182

182

176

193

189

188

188

188

188

191

185

193

10

12

4

3

4

3

3

2

3

2

3

5

1,780

1,801

1,852

1,909

1,865

1,897

1,920

1,961

1,967

1,934

1,846

1,883

24

17

43

25

37

33

37

39

35

40

38

36

1.36%

0.93%

2.28%

1.27%

1.94%

1.73%

1.89%

1.95%

1.76%

2.01%

2.00%

1.89%

WHOLESALE ELECTRICITY MARKET / 49


ENERGY SUPPLY BY FUEL TYPE

International Fuel Prices [US$/MMBtu]

In 2015, 35.5% of the supplied energy was produced with Fuel Oil 6, holding the most participation in the fuel market; natural gas came in second with 33.0%, followed by coal coming in third place with 14.8%.

The fossil fuels used for electrical generation, Fuel Oil 6 and Fuel Oil 2 maintained the highest prices, those experiencing a reduction in the last quarter of 2015.

Energy Supply by Fuel Type

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

[14,177.4 GWh]

18 35.5%

COAL 14.8% FUEL OIL 2

8.0%

NATURAL GAS

33.0%

WATER 6.6% WIND

2.0%

35.5%

16 14

33.0% 8.0% 14.8%

12 US$ / MMBtu

FUEL OIL 6

10 8 FUEL OIL 2

6

FUEL OIL 6

4

NATURAL GAS Nymex

2

COAL

0 JAN

FEB

MAR

INTERNATIONAL FUEL PRICES In 2015, natural gas and coal maintained the most competitive prices of those used for the generation of thermal energy.

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 Gulf Coast Port. The prices of coal were referenced by API2-C7 with a gross heat value of 6,000 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).

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Power Generation International Fuel Prices [US$/MMBtu]

MINERAL COAL

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

2.42

2.62

2.58

2.52

2.47

2.34

2.44

2.35

2.27

2.23

2.28

2.03

NATURAL GAS Nymex

3.62

2.96

2.75

2.75

2.59

2.86

2.76

2.82

2.76

2.65

2.41

2.29

FUEL OIL 6

5.76

7.27

6.86

7.27

7.84

7.76

6.64

5.27

5.16

5.19

4.74

3.45

FUEL OIL 2

8.52

9.68

9.05

9.48

10.19

9.53

8.52

7.63

7.68

7.66

7.12

5.66

In 2015, natural gas and coal maintained the most competitive prices of those used in the Interconnected National Electrical System for the generation of thermal energy.

Prices using their original rates: ENE

FEB

MAR

ABR

MAY

JUN

JUL

AGO

SEP

OCT

NOV

DIC

57.59

62.42

61.51

60.00

58.70

55.80

58.20

55.90

54.06

53.17

54.38

48.30

3.62

2.96

2.75

2.75

2.59

2.86

2.76

2.82

2.76

2.65

2.41

2.29

FUEL OIL 6 US$/BBLS

38.49

48.58

45.86

48.55

52.36

51.86

44.39

35.18

34.49

34.64

31.66

23.04

FUEL OIL 2 US$/GAL

1.54

1.75

1.64

1.72

1.84

1.72

1.54

1.38

1.39

1.39

1.29

1.02

MINERAL COAL US$/MT NATURAL GAS US$/MMBtu [Nymex]

Sources: Platts, Mc Closkey

50 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 51


ENERGY 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.

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.

The next graph presents 2015’s maximum and average monthly spot price.

Energy Spot Price [US$/MWh]

The following table shows 2015’s monthly average energy spot prices, also the highest spot prices for the same period of time.

Capacity Spot Price and Connection Right [US$/Kw-month]

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

90 60

12

30

CMg AVG CMg MAX

0 JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

US$ / kw-month

US$ / MWh

120

8

4 Connection Right

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.

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Average

CMg AVG

106

96

101

100

108

113

113

100

85

87

74

65

96

CMg MAX

127

107

127

121

127

134

134

119

101

99

99

94

116

52 / STATISTICAL REPORT 2015

Capacity Spot

0 JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

Average

Capacity Spot

8.47

8.45

8.56

8.59

8.59

8.64

8.65

8.66

8.65

8.63

8.63

8.61

8.59

Connection Right

4.51

4.49

4.38

4.20

4.14

4.14

4.04

4.13

4.27

4.22

4.38

4.56

4.29

WHOLESALE ELECTRICITY MARKET / 53


FREQUENCY REGULATION SERVICE Secondary 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.

AES Dominicana, with the participation of AES Andres and DPP, was the company that contributed the most in the primary regulation of frequency.

[458.49 GWh]

In the secondary regulation of frequency, AES Andres and DPP contributed approximately 11.0% and 28.4%, bringing a total of 39.5% of the reserve margins during 2015, by side EGEHID 2.1%, LAESA 41.5% and HAINA 12.3%.

Primary Frequency Regulation Service [517.58 GWh]

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 18.1% and 25.0%, bringing a total of 43.2% of the reserve margins in 2015, maintaining the quality and reliability of the market.

70 60 50

GWh

40 70

30 60 20 50 10 GWh

40 0 JAN

30

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

20 10 0 JAN

54 / STATISTICAL REPORT 2015

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

PDVC

FALCON

MONTERIO

SAN FELIPE

METALDOM

HIDRO

LAESA

ITABO

CEPP

DPP

SEABOARD

AES ANDRES

GPLV

3% Demand

HAINA

5% Demand

DEC

AES Andres and DPP contributed as much as 18.1% and 25.0%, bringing a total of 43.2% of the reserve margins in 2015, maintaining the quality and reliability of the market.

LAESA

HIDRO

CEPP

ITABO

SEABOARD

DPP

GPLV

AES ANDRES

HAINA

3% Demand

FALCON

5% Demand

SAN FELIPE

WHOLESALE ELECTRICITY MARKET / 55


NON-REGULATED USERS MARKET

Evolution of Non-Regulated Market Consumption

The Superintendencia de Electricidad is the agency responsible for assessing whether a company qualifies as a Non-Regulated User. As of 2015, this institution had issued 176 licenses to enable the NRU status. However, currently only 76 are using their licenses in the wholesale electricity market. Below is the monthly amount of energy that was supplied by each agent to its NRU during 2015.

De esta grรกfica se destaca el posicionamiento de las empresas AES Andres y 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. 100%

Non-Regulated Users (NRU) Energy Demand, Grouped by Supplier

90%

[GWh]

80% 70%

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

GWh

%

AES ANDRES

45.90

46.29

52.96

50.54

53.06

51.96

55.49

52.81

52.33

54.04

50.35

46.66

612

40.8%

EDEESTE

40.75

40.76

45.77

42.52

46.82

50.34

48.31

50.19

49.01

50.52

48.38

44.04

557

37.2%

EDENORTE

6.73

6.39

7.08

7.13

7.22

7.21

7.72

7.26

7.28

7.47

6.90

5.81

84

5.6%

EDESUR

9.63

9.25

10.11

9.82

10.06

9.73

10.42

9.68

9.99

10.24

9.50

9.93

118

7.9%

HAINA

9.71

7.43

11.06

10.51

10.13

10.87

8.86

10.03

8.35

10.97

10.69

10.91

120

8.0%

SEABOARD

0.57

0.56

0.63

0.61

0.62

0.61

0.60

0.60

0.67

0.82

0.86

0.98

8

0.5%

MONTE RIO

0.28

3.65

5.37

5.02

5.54

5.41

5.72

5.63

5.38

5.61

5.41

3.34

56

3.8%

113.57

114.34

132.99

126.15

133.46

136.12

137.11

136.19

133.02

139.66

132.10

21.68

1,500

100.0%

Total Demand

60% 50% 40% 30% 20% 10% 0% JAN

The table above shows that the NRU average monthly withdrawal in the wholesale electricity market was 129.7 GWh, which represented 11.32% of the SENI average monthly withdrawal in 2015.

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

MONTERIO HAINA SEABOARD

In addition, during 2015 the NRU total withdrawal was 1,500 GWh of energy, from which AES Dominicana provided 612 GWh, which represented a monthly average of 51.03 GWh and 40.8% market share for all of 2015.

EDESUR EDENORTE EDEESTE AES ANDRES

56 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 57


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).

Energy Contracts, also known as PPAs (Power Purchase Agreements), are bilateral agreements for the buying and selling of electricity.

The table that follows shows the monthly amount of energy that was sold through contracts in the energy market during 2015.

Energy Sales by Contract in the Whole Sales Electricity Market [GWh]

AES Dominicana, as a group, held the largest market share in the contractual energy market in 2015 with AES Andres (17.16%), DPP (13.0%) and ITABO S.A. (15.9%) supplying a total of 46.4% of all contracts registered. The market share of HAINA (23.2%), CDEEE (5.7%) and EGEHID (7.5%), can also be noted. JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

GWh

%

GENERATORS AES ANDRES

141.25

117.50

155.28

154.55

167.57

168.07

177.22

170.48

168.57

185.74

156.06

60.59

1,922.9

17.6%

CDEEE

-

-

-

-

-

101.60

96.59

111.30

115.92

131.28

69.01

0.06

625.8

5.7%

CEPP

-

-

-

-

-

-

-

-

-

-

-

-

-

0.0%

111.16

99.50

112.59

113.07

119.62

121.21

128.87

127.02

123.77

127.98

113.41

119.84

1,418.0

13.0%

EGEHID

70.99

77.74

87.76

80.84

68.82

76.73

63.88

56.11

78.20

77.67

85.79

-

824.5

7.5%

GPLV

79.90

73.23

83.10

84.17

88.56

89.40

94.29

94.46

91.99

95.03

84.52

86.41

1,045.1

9.6%

HAINA

196.16

177.22

203.59

204.89

215.00

218.01

227.79

228.33

221.02

230.77

205.92

212.39

2,541.1

23.2%

ITABO

133.18

121.51

137.81

139.28

146.72

148.27

156.61

156.38

152.33

157.42

139.88

143.95

1,733.3

15.9%

MONTE RIO

0.28

3.65

5.37

5.02

5.54

5.41

5.72

5.63

5.38

5.61

5.41

3.34

56.4

0.5%

SEABOARD

0.57

0.56

0.63

0.61

0.62

0.61

0.60

0.60

0.67

0.82

0.86

0.98

8.2

0.1%

733.5

670.9

786.1

782.4

812.4

929.3

951.6

950.3

957.9

1,012.3

860.9

727.6

10,175.2

93.1%

DPP

Total DISTRIBUTORS EDEESTE

40.7

40.8

45.8

42.5

46.8

50.3

48.3

50.2

49.0

50.5

48.4

44.0

557.4

5.1%

EDENORTE

6.7

6.4

7.1

7.1

7.2

7.2

7.7

7.3

7.3

7.5

6.9

5.8

84.2

0.8%

EDESUR

9.6

9.3

10.1

9.8

10.1

9.7

10.4

9.7

10.0

10.2

9.5

9.9

118.4

1.1%

57.1

56.4

63.0

59.5

64.1

67.3

66.4

67.1

66.3

68.2

64.8

59.8

760.0

6.9%

Total

58 / STATISTICAL REPORT 2015

WHOLESALE ELECTRICITY MARKET / 59


ATTACHMENTS


GLOSSARY BAR: That 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 equivalence 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). 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. FIRM POWER: The power that can be supplied by each generating units during peak hours, with high 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 which can be distilled at atmospheric pressure, Fuel Oil is used as a fuel for electrical energy plants, boilers, and ovens. GAS TURBINE: A machine composed of a compressed air compressor (sic), 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 mixutre of compressed air, fuel, and flame, into mechanical energy that is used by the electrical generator to produce electricity.

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 –163oC, the liquefaction process reduces the volume of gas by 600 times. 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. 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): That user of the electrical service whose monthly demand exceeds the limits established by the Superintendencia de Electricidad in order to be classified as a public user, and who fulfills the requirements established in the Regulation of the General Electricity Law. OWN CONSUMPTION: The energy consumed by the auxiliary systems of a central unit or Substation. PEAK POWER: Maximum power on the annual load curve. PRIMARY FREQUENCY REGULATION (RPF): Power that a generator unit can vary by automatic action of its system in the face of changes in the system’s frequency.

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.

62 / STATISTICAL REPORT 2015

ATTACHMENTS / 63


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. SECONDARY FREQUENCY REGULATION (RSF): 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, from which come conditions of high temperature and pressure. The kinetic energy of the steam is used by the turbine mechanically and through this by a generator to produce electricity. 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.

2014 Firm Capacity True-up [MW]

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

MW

% 11.5%

AES ANDRES

259.7

258.7

202.8

205.9

206.2

206.6

212.0

212.3

229.1

227.1

205.2

195.63

218.4

ITABO S.A.

215.9

215.5

172.9

175.5

175.8

176.1

180.7

181.0

195.3

193.6

175.0

166.75

185.3

9.7%

90.3

89.9

69.4

70.4

70.5

70.7

72.5

72.6

78.2

77.5

70.1

66.85

74.9

3.9%

AES DOMINICANA

565.8

564.0

445.0

451.8

452.5

453.4

465.2

465.9

502.7

498.2

450.2

429.23

478.7

25.1%

EGEHID

469.8

472.3

469.6

455.9

454.4

452.6

428.6

427.1

426.1

438.6

529.9

552.0

464.7

24.4%

30.7

30.6

22.3

22.6

22.7

22.7

23.3

23.4

25.0

24.8

22.4

21.5

24.3

1.3%

HAINA

131.7

131.7

336.3

338.0

338.2

338.5

341.6

341.7

346.4

345.7

337.3

331.6

304.9

16.0%

GPLV

181.3

181.0

146.7

148.9

149.2

149.5

153.3

153.6

165.5

164.1

148.3

141.3

156.9

8.2%

DPP

CDEEE-IPPs*

SEABOARD

14.2

14.2

12.4

12.6

12.6

12.6

13.0

13.0

14.0

13.7

14.1

35.8

15.2

0.8%

CEPP

63.2

63.1

50.3

51.1

51.1

51.2

52.6

52.7

56.8

56.3

50.8

48.3

54.0

2.8%

MONTERIO

96.4

96.4

76.5

77.7

77.8

78.0

80.0

80.1

86.5

85.8

77.5

73.9

82.2

4.3%

METALDOM

39.8

39.6

30.7

31.2

31.2

31.3

32.1

32.2

34.8

34.4

31.1

29.7

33.2

1.7%

PVDC

180.2

180.2

180.1

180.1

180.1

180.1

180.2

180.2

112.0

108.3

108.1

106.5

156.3

8.2%

LAESA

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

108.4

5.7%

LOS ORIGENES Total

24.73

24.73

24.73

24.73

24.73

24.73

24.73

24.73

24.73

24.73

24.74

24.74

24.7

1.3%

1,906.2

1,906.2

1,903.1

1,903.1

1,903.1

1,903.0

1,903.0

1,902.9

1,902.9

1,903.0

1,903.0

1,903.0

1,903.5

100.0%

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

AVG

* Only includes SAN FELIPE & CESPM

Consumer Price Index (CPI) [2005-2015]

JAN

FEB

MAR

2005

190.700

191.800

193.300

194.600

194.400

194.500

195.400

196.400

198.800

199.200

197.600

196.800

195.292

2006

198.300

198.700

199.800

201.500

202.500

202.900

203.500

203.900

202.900

201.800

201.500

201.800

201.592

2007

202.416

203.499

205.352

206.686

207.949

208.352

208.299

207.917

208.490

208.936

210.177

210.036

207.342

2008

211.080

211.693

213.528

214.823

216.632

218.815

219.964

219.086

218.783

216.573

212.425

210.228

215.303

2009

211.143

212.193

212.709

213.240

213.856

215.693

215.351

215.834

215.969

216.177

216.330

215.949

214.537

2010

216.687

216.741

217.631

218.009

218.178

217.965

218.011

218.312

218.439

218.711

218.803

219.179

218.056

2011

220.223

221.309

223.467

224.906

225.964

225.722

225.922

226.545

226.889

226.421

226.230

225.672

224.939

2012

226.665

227.663

229.392

230.085

229.815

229.478

229.104

230.379

231.407

231.317

230.221

229.601

229.594

2013

230.280

232.166

232.773

232.531

232.945

233.504

233.596

233.877

234.149

233.546

233.069

233.049

232.957

2014

233.916

234.781

236.293

237.072

237.900

238.343

238.250

237.852

238.031

237.433

236.151

234.812

236.736

2015

233.707

234.722

236.119

236.599

237.805

238.638

238.654

238.316

237.945

237.838

237.336

236.525

237.017

* Bureau of Labor Statistic U.S.

64 / STATISTICAL REPORT 2015

ATTACHMENTS / 65


Fuel Heat Rate Values by Fuel Type

Average Dollar USA Exchange Rate [2005-2015]

JAN

FEB

MAR

APR

MAY

JUN

JUL

AUG

SEP

OCT

NOV

DEC

AVG

29.84

28.85

28.30

28.25

28.70

28.90

28.93

29.00

30.42

32.41

33.25

33.12

30.00

Liquid Fuels

PCS

PCI

PCS

PCI

PCS

PCI

Kcal/Kg

Kcal/Kg

Kcal/L

Kcal/L

Kj/L

Kj/L

2005

PURCHASE SALE

30.40

29.22

28.60

28.54

28.91

29.08

29.06

29.13

30.82

32.70

33.54

33.39

30.28

Oil

10,800

10,008

9,374

8,686

39,250

36,371

2006

PURCHASE

34.56

34.17

32.56

32.11

32.49

32.77

32.75

32.63

32.95

33.47

33.56

33.09

33.09

Diesel Oil

10,750

10,000

9,159

8,680

38,350

36,343

SALE

34.84

34.44

32.85

32.33

32.73

32.94

32.91

32.80

33.12

33.66

33.69

33.30

33.30

Fuel Oil

10,090

9,583

10,217

8,318

42,780

34,827

PURCHASE

33.70

33.36

32.79

32.23

32.14

32.42

32.99

32.90

33.31

33.46

33.41

33.52

33.02

Liquefied Petroleum Gas

11,750

11,000

6,486

9,548

27,160

39,977

SALE

33.90

33.51

32.96

32.40

32.29

32.57

33.14

33.05

33.46

33.59

33.53

33.66

33.17

2007

2008

2009

2010

2011

2012

2013

PURCHASE

33.76

33.83

33.92

34.03

34.01

34.16

34.27

34.68

34.83

34.99

35.19

35.26

34.41

SALE

33.89

33.96

34.04

34.14

34.13

34.27

34.39

34.80

34.95

35.09

35.32

35.39

34.53

PCS

PCI

PCS

PCI

PURCHASE

35.37

35.56

35.67

35.83

35.95

35.92

35.98

36.03

36.06

36.09

36.09

36.09

35.89

Kcal/m3

Kcal/m3

Kj/m3

Kj/m3

SALE

35.49

35.65

35.77

35.92

36.04

36.00

36.07

36.10

36.13

36.16

36.17

36.16

35.97

Gaseous Fuels

PURCHASE

36.11

36.19

36.30

36.42

36.70

36.73

36.80

36.89

36.98

37.21

37.22

37.31

36.74

Humid Natural Gas

10,454

8,240

43,770

34,500

SALE

36.19

36.27

36.37

36.51

36.79

36.81

36.88

36.99

37.07

37.29

37.30

37.40

36.82

Dry Natural Gas

9,256

8,500

38,750

35,584

PURCHASE

37.45

37.63

37.76

37.84

37.89

38.03

38.04

38.06

38.15

38.30

38.44

38.55

38.01

SALE

37.54

37.72

37.85

37.90

37.96

38.10

38.12

38.13

38.21

38.37

38.51

38.63

38.09

PCS

PCI

PCS

PCI

Kcal/Kg

Kcal/Kg

Kj/Kg

Kj/Kg

PURCHASE

38.86

38.94

38.99

39.02

39.02

39.07

39.08

39.11

39.20

39.43

39.94

40.17

39.24

SALE

38.95

39.02

39.07

39.08

39.09

39.14

39.15

39.18

39.29

39.53

40.05

40.29

39.32

PURCHASE

40.59

40.76

41.00

41.05

41.09

41.45

41.89

42.36

42.61

42.44

42.45

42.60

41.69

Charcoal

7,500

6,500

30,560

27,213

Coal Cokel

7,300

6,998

30,560

29,299

SALE

40.70

40.85

41.10

41.15

41.19

41.60

42.00

42.49

42.71

42.53

42.53

42.71

41.80

2014

PURCHASE

43.00

43.14

43.04

43.19

43.22

43.39

43.60

43.58

43.71

43.91

44.04

44.20

43.50

SALE

43.09

43.23

43.15

43.28

43.34

43.51

43.69

43.76

43.82

44.05

44.16

44.36

43.62

2015

PURCHASE

44.46

44.75

44.66

44.70

44.76

44.81

44.94

45.02

45.10

45.23

45.33

45.44

44.93

SALE

44.61

44.88

44.75

44.80

44.87

44.91

45.06

45.14

45.23

45.33

45.43

45.53

45.05

* Source: Banco Central de la República Dominicana.

Solid Fuels

Volume Units

Cubic Centimeters

66 / STATISTICAL REPORT 2015

cm3

cm3

M3

Feet 3

Inch 3

Gal (UK)

Gal (US)

BBL

Liters (Lt)

1

0.000001

0.0000353

0.06102

0.00021997

0.00026417

6.2899E-06

0.006102

Cubic Meters

M3

1000000

1

35.3147

61000

219.969

264.17

6.28976

1000.028

Cubic Feet

Pie 3

28320.589

0.028317

1

1727.556

6.2288

7.4805

0.178107

28.321

Cubic Inch

Pulgada 3

16.387

0.00001639

0.00057863

1

0.00360465

0.00432898

0.0001031

0.0163866

Gallon

Gal (UK)

4546.09

0.004546

0.160544

277.42

1

1.20094

0.028594

4.54596

Gallon

Gal (US)

3785.41

0.003785

0.133681

231

0.83268

1

0.02381

3.78533

Barrels

BBL

158984

0.158988

5.6146

9698.024

34.9726

42

1

158.984

Liters

Litro (Lt)

1000.028

0.001

0.03531

61.0255

0.219976

0.264178

0.0063

1

ATTACHMENTS / 67


Density Units Kg / m3

Lb / Feet 3

Lb / Gl (UK)

Lb / Gl (US)

Kilogram per Cubic Meter

Kg / m3

1

0.062428

0.010022

0.008345

Pound per Cubic Feet

Lb / Pie 3

16.0185

1

0.160544

0.133681

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

J

Cal

Btu

KWh

Energy Units

Joule

J

1

0.2388

0.009478

0.000000277

Calories

Cal

4.1869

1

0.0039683

0.000001163

British Thermal Unit

Btu

1055.06

252

1

0.00029307

KiloWatt Hour

KVh

3600000

8598000

3412.14

1

Kg

Ton.

Ton. Larga

Ton. Corta

Libra (Lb)

Mass Units

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

0.4535

0.0004535

0.000446429

0.0005

1

68 / STATISTICAL REPORT 2015

ATTACHMENTS / 69


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