Download - Portfolio Projects Presentation 3 for Sotik Tea Company Harrie Knoef 10-11 th January 2008
Portfolio Projects
Presentation 3 for Sotik Tea CompanyHarrie Knoef
10-11th January 2008
www.btgworld.com
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Kyoto mechanisms Joint implementation (JI)
– Valid for countries who have emission reduction targets– Emission reduction projects between industrialised countries– Traded unit Emission Reduction Unit (ERU)– Mainly between East and Western Europe
Clean Development Mechanism (CDM)– Valid for countries who have no emission reduction targets– Emission reduction projects in developing countries– Projects are ‘additional to what otherwise would occur’– Traded unit Certified Emission Reductions (CER)
– ERUs and CERs are tonnes avoided CO2-eq emissions, used by governments and companies to fulfil their emission reduction targets
– 1 tonne CH4 = 21 tonne CO2eq, 1 tonne N2O = 310 CO2eq
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Voluntary carbon offset
Voluntary Emission Reductions (VERs)– VERs are tonnes avoided CO2-eq emissions, and can be
used by companies and individuals that wish to compensate their emissions voluntarily
– No relation to Kyoto protocol– Important standards are “Gold Standard”, “VER+” and
“Voluntary Carbon Standard (VCS)”– Standards refer to CDM methodologies– Generally, VERs have lower market value than CERs
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The CDM pipeline
Project design Document (PDD)– Definition of Project– Choice of baseline and monitoring methodology– Assessment of Additionality– Projection of Baseline Scenario– Calculation of expected Emission Reduction
Validation/registration– Letter of approval host country– Approval Executive Board
Monitoring– Yearly measurements and calculation of
emission reductions
Verification/certification
Issuance of CERs
Project Development
Design Doc.Methodology
Approval, Executive
Board
Implementation
Certification
CER
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CDM in Kenya, december 2008 Currently, one CDM project registered and six
in the verification processProject Type MW
35 MW Bagasse Based Cogeneration Project by Mumias Sugar Company Limited (MSCL)
Biomass energy 35.0
Sondu Miriu Hydro Power Project Hydro 60.0
Olkaria II Geothermal Expansion Project Geothermal 35.0
Conversion of the Kipevu Open Cycle Gas Turbine to a Combined Cycle Operation Project
EE supply side 35.0
Redevelopment of Tana Hydro Power Station Project Hydro 19.6
Optimisation of Kiambere Hydro Power Project Hydro 20.0
6 MW Bagasse Based Cogeneration Project Biomass energy 6.0
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BTG Bioheat’s portfolio approach
Project 1 Project XProject 2 ....
Credit Buyer
BTG BioHeatProject
Development
Investments & Trading
Host CountryGovernment
Negotiations
& Contracts
Contracts
creditsguaranty
funds
Proposal & transaction approvals
Camil
1,5 million euro
Dutch government
Brazil
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Advantages portfolio approach [1]
Project costs (Baseline, PDD, validation, verification etc.) are reduced
Large portfolio gives better negotiation position to sell credits
Owners of small projects can be paid competitive prices
Small projects that otherwise would not be attractive for CDM can enter portfolio
BTG & Bioheat take care of paperwork
Best price and conditions for participants
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Advantages portfolio approach [2]
Large potential of replication – JI projects in CEE– CDM in South and Latin America and Southeast Asia
A number of new portfolios are under development
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JI-portfolio Czech Republic
BTG, BTG Czech Republic and Bioheat International
implemented successfully the first JI-portfolio of fuel
Switch projects in Czech Republic
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Portfolio Development
After several years of preparation a contract with the Dutch Government was secured, signed by Minister of Economic Affairs, Annemarie Jorritsma (2001)
14 fuel switch projects (3 CHP units) and 520,000 t CO2-eqv in 2008-2012
Installation from 0,6-9 MWth, 1 MWe; total installed capacity 65 MWth
Total investment 35 mEUR. The value of the carbon credit contract is almost 5 mEuro.
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Portfolio Development
PRAGUEZlutice
Rostin
Stitna nad V.
Velky KarlovSlavicin
Nova Cerekev
Driten
Horni Plana
Zruc nad S.
BouzovJesenik
Zlate Hory
Bystrice nad P.
Pelhrimov
Trebic
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Case – TTS CHP plant, incl. ORC monitoring carbon credits
generated sold generated sold
GJ GJ MWh MWhtype m3 type t
sawdust 1031 bark 3500straw (t) 119 green woodchips 3560
sawdust 0 bark 2500brown woodchips 0 green woodchips 3213
sawdust 0 bark 0brown woodchips 0 green woodchips 3325
sawdust 538 bark 2000brown woodchips 0 green woodchips 3299
sawdust 0 bark 896brown woodchips 0 green woodchips 1500
sawdust 0 bark 0brown woodchips 0 green woodchips 0
sawdust 0 bark 0brown woodchips 0 green woodchips 0
sawdust 0 bark 0brown woodchips 0 green woodchips 0
sawdust 807 bark 750brown woodchips 0 green woodchips 0
sawdust 0 bark 2550brown woodchips 0 green woodchips 2638
sawdust 0 bark 2500brown woodchips 0 green woodchips 3229
sawdust 2098 bark 0brown woodchips 1650 green woodchips 958
sawdust 4474 bark 14696brown woodchips 1650 green woodchips 21722
straw 119
Heat Power FUEL
type type
January 16.682 16.682 439
265
February 10.472 10.472 454
265
439
454
287
March 6.302
April 11.137 11.137 287
6.302
May 5.195 5.195 111
0
June 0 0 0
0
111
0
0
July 0
August 0 0 0
0
September 2.280 2.280 61
October 10.914 10.914 312
74
November 13.448
December
304
TOTAL 91.517 91.517 2.308
2007
2.308
15.087 15.087 74
13.448 304
61
312
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Thank you for your attention!
Harrie Knoef
BTG biomass technology group BV
www.btgworld.com
Ph: +31-53-4861190