Financial retirement mechanisms

Carbon Tracker's Power Asset-Level Economics Model (CTI-PALEM) builds on our existing asset-level data to quantify the costs of using transition finance to expedite coal phaseouts​.

We cost coal retirements to support three key financial stakeholder groups when refinancing and making retirement deals. Using the tabs below, you can view data from the perspective of:

  • Initial investors: The initial equity sponsor and bank(s) that lent capital to construct the coal plant.

  • Refinancers: International public and/or development finance institutions that want to assist developing economies in decarbonising their energy sectors.

  • Donor/subsidy providers: Donors or sources of subsidy funding, like philanthropies or carbon abatement revenues, that can provide additional payments to ensure refinancers meet their minimum return on investment in the case of early retirement. ​

Assumptions

View the key assumptions for the model. When no unit is selected, you may also click on a unit to explore its data.

Unit assumptions

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Unit Start year Financier Cost of equity (%) Loan term Capital tax rate Unit cost (US$) Cost (US$/kW) Unit cost (₱) Cost (₱/kW) WACC (%) Capacity (MW) Emission factor (kgCO2/TJ) Combustion Technology Interest rate (%) Close year CTI coal type Latitude Longitude Subnational unit (province, state) Country BAU retirement year GEM Tracker ID unit_id
Balingasag power station Unit 12017Syndicated loan0.1122120.25176990000.53218101114387291838440.08025596100cfb0.06812014Sub-bituminous8.766124.767Misamis OrientalPhilippines2047G100478balingasag-power-station-unit-1
Balingasag power station Unit 22017Syndicated loan0.1122120.251769900013218101114387571838440.08025596100cfb0.06812014Sub-bituminous8.766124.767Misamis OrientalPhilippines2047G100479balingasag-power-station-unit-2
Balingasag power station Unit 32017Syndicated loan0.1122120.251769900013218101114387571838440.07445596100cfb0.06012014Sub-bituminous8.766124.767Misamis OrientalPhilippines2047G100480balingasag-power-station-unit-3
Concepcion power station Unit 12016Chinese & Philipine loan Syndicate0.1011120.253100000002296.3177103000001311880.067513596100cfb0.05312013Sub-bituminous11.187582123.120721IloiloPhilippines2046G101687concepcion-power-station-unit-1
Davao San Miguel power station Unit 12017Various Banks0.0774120.254725000003150269939250001799600.076815096100cfb0.07612014Sub-bituminous6.39351125.61684Davao OccidentalPhilippines2047G102263davao-san-miguel-power-station-unit-1
Davao San Miguel power station Unit 22018Various Banks0.0774120.254725000003150269939250001799600.076815096100cfb0.07612014Sub-bituminous6.39351125.61684Davao OccidentalPhilippines2048G102264davao-san-miguel-power-station-unit-2
Davao Therma South power station Unit 12015BDO Unibank0.0972120.25361266539.732408.44206391574151375940.068215096100cfb0.05572011Sub-bituminous6.964444125.479722Davao del SurPhilippines2045G102268davao-therma-south-power-station-unit-1
Davao Therma South power station Unit 22016BDO Unibank0.0972120.25361266539.732408.44206391574151375940.070615096100cfb0.05922011Sub-bituminous6.964444125.479722Davao del SurPhilippines2046G102269davao-therma-south-power-station-unit-2
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