Wednesday, August 17, 2011

Carbon Expert Carbon Emission Reduction Projects – Windpower in India

The Clean Development Mechanism ( CDM ) is an arrangement under the Kyoto Protocol allowing industrialized countries with a greenhouse gas reduction commitment (called Annex I countries) to invest in projects that reduce emissions in developing countries as an alternative to more expensive emission reductions in their own countries. A crucial feature of an approved CDM carbon project is that it has to establish that the planned reductions would not occur without the additional incentive provided by emission reductions credits, a concept well known as "additionality".

The CDM allows net global greenhouse gas emissions to be reduced at a much lower global cost by financing emissions reduction projects in developing countries where costs are lower than in the industrialized countries.

The CDM is supervised by the CDM Executive Board (CDM EB) and is under the guidance of the Conference of the Parties (COP/MOP) of the United Nations Framework Convention on Climate Change (UNFCCC).

India is a Developing country and is a signatory to the Kyoto Protocol. Hence CERs generated from Indian projects are eligible for trading with Annex I countries.

Carbon Expert enable our clients to purchase verified carbon credits and participate in an established globally recognised carbon trading platform. Through the Verified Carbon Standard, the global benchmark for carbon, we ensure that carbon credits bought by businesses and consumers can be trusted and have real environmental benefits.

One such project that we offer our clients is the Tamil Nadu Windpower Project in India.

WIND TURBINE IMAGE This project involves grouping of 704 wind turbines. The small wind mill sub project owners, who operate spinning mills, have invested into wind energy generation encouraged by their Association - Tamil Nadu Spinning Mills Association (TASMA). The generated wind power is used for meeting their captive needs and for exportation to the grid. All the wind mills are connected to the grid of the Tamil Nadu Electricity Board (TNEB) / Southern Grid; situated within the State of Tamilnadu, micro-sited in many locations based on wind availability.

This wind based electricity generation aggregates to a total Installed capacity of 468 MW and the generation is expected to be approximately 860 GWh, annually.

The project owners either sell electricity to TNEB or consume the energy at their mills under Power Purchase Agreements executed between individual owners and TNEB. All the windmill systems have been commissioned.

The novel feature of this project activity of TASMA is that it could bring together, a number of investors with small power requirements (who otherwise would have chosen to draw power from the grid) to invest into wind turbines.

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