Portfolio of Biomass Projects in the Czech Republic David Viduna BTG Central Europe s.r.o. San Salvador, March 28, 2003
Introduction Kyoto Protocol > Clean Development Mechanism (CDM) Host countries – non-Annex I countries (Latin America, Asia, Africa) Certified Emission Reductions (CERs)
Introduction II Kyoto Protocol > Joint Implementation mechanism (JI) Host countries – Annex I countries (Central and Eastern Europe) Emission Reduction Units (ERUs)
Background Favorable conditions > 20 municipal biomass projects in the Czech Republic were under development core finance from State Environmental Fund co-finance was needed Czech Republic
Favorable conditions BTG’s pilot JI projects (AIJ) in several CEE countries BTG’s municipal biomass pilot JI (AIJ) project in Hostětín, Czech Republic Background II 732 kW biomass boiler in Hostětín
12X.... project portfolio individual contracts project development & ER monitoring ERUs delivery funds baseline, proposal & reporting BTG Project developer BioHeat Financing intermediary “Bundling Fund” proposal and transaction approvals Senter Host country govt. bulk contract BTG’s JI bundling approach
>20 municipal central heating systems 0.5 to 10 MW Biomass (woodchips/straw) replaces individual or central fossil fuel boilers Project type: fuel switch CO 2 em. reduction + avoided methane from waste wood dumps Emission reduction: up to 240 ktons of CO 2 e. (ERUs) per year. The Czech Portfolio for ERUPT
ERU-PT contract: 0.5 million ERUs for EUR 4.7 million JI funds linked to the system of the Czech State Environmental Fund (SEF) SEF support: up to 40% grants and up to 40% zero interest loans JI funds represent 10 to 20% of the total investment The Czech Portfolio for ERUPT
contract with the Dutch Ministry of Economic Affairs/SENTER contracts with municipalities approval from the Czech Ministry of Environment Status
Homogeneous bundle type size (over a critical value) owner baseline timing Summary
Bundle/portfolio of 6-7 biomass projects in CEE New portfolios/bundles Bundle/portfolio of 4 landfill gas projects in CEE
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