Thermal Power Plant Genelba (‘CTGEBA’)

CTGEBA is located in Marcos Paz, in the Province of Buenos Aires. The plant began operating in 1999 and has a combined cycle with a 674 MW installed capacity, which consists of two gas turbines of 219 MW each and a 236 MW steam turbine. On the same lot, a gas turbine with a 169 MW power capacity, known as Genelba Plus, was commissioned for service in 2009 and is currently under expansion. The total installed capacity of the CTGEBA complex amounts to 843 MW, which represents 2.2% of Argentina’s installed capacity. From 2000 to 2018, CTGEBA’s average annual generation was 4,722 GWh, with a generation record high of 5,449 GWh in 2012, and a record low of 3,438 GWh in 2001.

CTGEBA has a strategic location, since it is one kilometer away from the Ezeiza transforming station, a WEM (‘Wholesale Electricity Market’) reference node for the supply of electricity to the country’s highest demand. CTGEBA’s combined cycle is sold in the spot market, whereas the Genelba Plus gas turbine energy is sold in the Energía Plus market.

 

 

The following chart shows certain relevant statistical data on CTGEBA:

2017 2018
Net Generation (GWh) 4,685 4,859
Purchases of Energy (GWh) 739 598
Total Energy Sales (GWh) 5,424 5,457
Average Price (US$/MWh) 27 36
Average Gross Profit (US$/MWh) 15 18

Note: Gross Margin before depreciation and amortization. AR$/US$ exchange rate: 2017 – 16.57; 2018 – 28.13.

 

Technical Data

Plant Unit Installed Capacity (MW) Efficiency Fuel Start-Up Type of Unit
CTGEBA GEBATV01 236 843 56% Steam 1999 Steam turbine (combined cycle)
GEBATG01 219 Natural gas Gas turbine
GEBATG02 219
GEBATG03 (Plus) 169 34% 2009