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Small Wind Project, India.

Eco Global Markets India Brochure

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Page 1: Eco Global Markets India Brochure

Small Wind Project, India.

Page 2: Eco Global Markets India Brochure

Eco Global Markets focuses on originating, developing and trading carbon credits generated from projects that directly mitigate climate change.

We work with companies from developing countries across the globe to create carbon credits in a wide variety of sectors.

Eco Global Markets also work with companies in the developed world to assist them in meeting their greenhouse gas emission compliance targets.

Page 3: Eco Global Markets India Brochure

Eco Global Markets is proud to offer its clients an exclusive opportunity to purchase discounted, pre-issue Certified Emission Reductions resulting from a small wind project in India.

This project comprises of four wind turbine generators providing a total of 5.8MW to the state electricity board and a local factory. The use of wind as a renewable resource prevents the depletion of fossil fuels and reduces its use as a source of energy.

This project is already registered and validated on the CDM and can be found on the UNFCCC website under project number 2026. http://cdm.unfccc.int/Projects/DB/BVQI1218193973.14/view

location: India• Project Size: 5.8MW • Initial CER delivery date: 2013

Page 4: Eco Global Markets India Brochure

windA wind turbine is a device that converts kinetic energy from the wind into mechanical energy.

Wind power, as an alternative to fossil fuels, is plentiful, renewable, widely distributed, clean, produces no greenhouse gas emissions during operation, and uses little land. In operation, the overall cost per unit of energy produced is similar to the cost for new coal and natural gas installations.

Page 5: Eco Global Markets India Brochure

Wind power is the conversion of wind energy into a useful form of energy, such as using wind turbines to make electricity, windmills for mechanical power, windpumps for water pumping or drainage, or sails to propel ships.

A large wind farm may consist of several hundred individual wind turbines which are connected to the electric power transmission network. Small onshore wind facilities are used to provide electricity to isolated locations and utility companies increasingly buy back surplus electricity produced by small domestic wind turbines.

This project generates 12,975 tonnes of CO2e emission reductions per annum and is expected to continue generating emissions reductions over a 10 year period Having created improved road infrastructure and supplied direct and indirect employment opportunities, the project has positively impacted the local community This renewable energy CDM project reduces greenhouse gas emissions thus improving regional air quality and decreasing dependence on fossil fuels.

A result of this development has been social well-being and economic growth from revenues and employment. Alongside this, a steady and stable supply of renewable electricity is provided, which meets local demand and facilitates development for local businesses. The project stakeholder consultation process was completed to the satisfaction of local communities who welcomed the project to the region

Carbon Trading could be worth twice that of oil in the next decade. The market

could be worth

The Guardian

3 trillion a year

Page 6: Eco Global Markets India Brochure

M/s Patspin

The project is promoted by Patspin India Limited (“Patspin”), which is a part of the GTN Textiles Group.

Patspin makes fine and superfine count yarns across its opera-tions in India. It was established in 1994, while the parent group GTN, was established in 1966.

Patspin’s total spindle capacity exceeds 100,000 at its two sites in Ponneri and Palghat. In total, the GTN group’s capacity ex-ceeds 215,000 spindles.

As part of its commitment to reducing its environmental im-pacts, the GTN group has committed to sourcing renewable energy where possible to powers its operations. To this end, Patspin has established the project.

www.gtntextiles.com

Page 7: Eco Global Markets India Brochure

our project partners

Having its operations in Tamil Nadu makes the harnessing of wind energy an excellent option for Patspin. As a result, they established a 5.8MW wind power project to invest in the future and has plans to continue investing in projects in the future.

For the year ended March 2011, Patspin had total revenues of Rs 4,362,400,000 and an operating profit of Rs785,500,000.

Page 8: Eco Global Markets India Brochure

Customer

42%in 2012as new rules reduce supplies, (Barclays Plc)

Prices of United Nations Certified Emission Reduction credits will rise by as much as

Page 9: Eco Global Markets India Brochure

CREDIT1

WindProjectIndia

Traded on EU ETS

Eco Global Markets’ clients sign an Emission Reduction Purchase Agreement (ERPA) for the pre issue carbon credits. These funds will be used by our project developer to undertake the strict validation and accreditation process under the Clean Development Mechanism (CDM). Upon completion of this process, credits will be issued to our clients ready for sale within the EU Emissions Trading Scheme.

Page 10: Eco Global Markets India Brochure

According to Soc Gen Orbeo research released towards the end of last year, CER prices are expected to rise from their present level to a price range of €27 to €38 by 2020.

Other price forecasts include:

18€ 25by 2013Point Carbon

€by Q4 2012Barclays

Page 11: Eco Global Markets India Brochure

Each Certified Emission Reductions (CER) represents the abatement of one tonne of carbon dioxide equivalent, and can only be issued once estimated abatement volumes have been validated and verified under strict regulations under the Clean Development Mechanism (CDM). The CDM Executive Board supervises the Kyoto Protocol’s CDM under the authority and guidance of the UN.

The Clean Development Mechanism (CDM) is a project-based mechanism created under the Kyoto Protocol. It is designed to enable developed nations to invest in emission reduction projects within their poorer counterparts, awarding them carbon credits that can be used to meet their own emission targets. These carbon credits are known as certified emission reductions (CERs).

The CDM has two basic objectives: helping industrialised countries achieve their emissions reductions as dictated by the Kyoto Protocol, and accelerating sustainable development in developing nations.

The CDM is a useful tool for nations seeking to meet their Kyoto targets or for heavy emitters operating under the European Union’s Emissions Trading Scheme. Not only does it provide a cheaper alternative to reducing emissions internally, but it also encourages sustainable development by mobilising project finance to developing parts of the world. In addition, host countries which tax the revenue from local projects can use the funds for local adaptation to climate change (e.g. China)

CERs have become one of the carbon market’s most actively traded products. By purchasing CERs you become part of a market that has generated a significant amount of much-needed investment in poorer nations. You are also enabling these countries to adopt cleaner energy sources or more efficient industrial processes that benefit the planet.

differently

What are CERs?

What is the CDM and how does it work?

What is the aim of the CDM?

Why use the CDM?

Why invest in CERs?

Page 12: Eco Global Markets India Brochure

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