On January 17, CSF course graduate José Serra and CSF's Alfonso Malky presented an economic study of the proposed Inambari dam, designed to generate hydropower primarily for Brazilian consumers. The study, sponsored by the Wildlife Conservation Society's Peru office, examines the feasibility of the project, which would harness energy from an Amazon tributary in the country's southeastern jungle. Serra led the investigation, looking into the overall economic return, environmental costs, profits for the dam builder and impacts on various sectors of Peruvian society. Results showed that the project's feasibility depends on charging a relatively high electricity price and delivering benefits, in the form of flow control, to downstream dams in Brazil.