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Press release 18 March 2003

Ecofys sells carbon credits of CDM-projects

Ecofys has sold the climate benefits of two renewable energy projects in India to the Dutch government, by means of a tender procedure. Under the Kyoto treaty, the emission reduction from the projects, totalling 1.5 million tonnes of CO2 over a ten-year period, can be used by the Netherlands to comply with its own commitments. At the same time, the amount the Netherlands pays for the “carbon credits” enables realisation of the projects supported and formulated by Ecofys, a wind farm, and a biomass plant.

Clean Development Mechanism
The so-called Clean Development Mechanism (CDM) was agreed in the Kyoto Protocol. CDM-projects are renewable energy or energy saving projects in developing countries which result in reduction of carbon emissions. The government buys the emission reduction certificates, the carbon credits, which contribute to the national emission reduction target. With these CDM projects the Dutch government can realise her climate policy in a cost efficient way.

India
Ecofys formulated and supported two CDM-projects in India: a wind energy project and a biomass-based power generation plant. The first concerns a 15 MW grid connected wind turbine project, in which twelve new 1.25 MW sized wind turbine units will be installed in the Sankaneri area. In total the project will result in 340,000 tonnes of carbon reduction. This compensates for the annual emissions of 3,000 Dutch households.
The biomass project involves the implementation of three biomass-based power generation plants in Rajasthan, with a total capacity of 20 MW. Mustard crop residue is the primary fuel source of the power plants and is abundantly available in the vicinity of the site. The project results in a total emission reduction of 1,150,000 tonnes CO2, compensating the annual emissions of more than 10,000 Dutch households.
The electricity generated by both projects is supplied to the state electricity boards and private industrial consumers.


Note for the editorial staff:

Ecofys
Ecofys (www.ecofys.com) is a leading company in the field of renewable energy and energy efficiency. More than 150 employees in six countries deliver integrated sustainable energy solutions. Ecofys is an ideal partner in CDM projects, with a broad experience in developing countries and the in-house expertise of climate issues. Ecofys is part of the Econcern group (www.e-concern.com), with the mission "a sustainable energy supply for everyone".

For more information please contact:
Drs. Ellen Hendrix
T: + 31 (0)30 – 280 83 19
E: e.hendrix@ecofys.nl