Waste heat recovery in India

Rain Calcining, Visakhapatnam in the Andhra Pradesh State

This project is a new waste heat recovery boiler and scrubbing system to replace the existing fossil fuel fired boilers at a coke plant in the highly industrialized city of Visakhapatnam. The new boiler will capture the heat from exhaust gas and use it to raise steam, improving energy efficiency and generating an additional 25 megawatts of electricity each year. This project fits with our commitment to energy efficiency and recycling waste.

“This emission reduction project will stop sulphur dioxide and particulate matter being released into the atmosphere which will improve the local air quality for the community. Rain Calcining also contributes to the socio-economic development of the city of Visakhapatnam by creating employment opportunities and introducing new skills to the plant workers.”

Niall Thorburn, Commercialisation Manager at EcoSecurities

This project is fully operational and verified in January 2008 under the Voluntary Carbon Standard. It was verified by Det Norske Veritas, a UN authorised Designated Operational Entity (DOE).

This project complies with the additionality criteria of the Clean Development Mechanism. It would not have occurred without the revenue created through selling emission reduction credits. To prevent double counting offsets are permanently retired and cannot be re-sold or transferred.

Investing in clean technologies in developing and non-Western economies is one of the key drivers to the Kyoto Protocol. Climate change is a global phenomenon and so it does not matter where an emission reduction is achieved, so long as it is independently verified as being real and additional.

This project will reduce approximately 164,000 tonnes of carbon a year

We will be purchasing 3,000 tonnes of carbon in 2009

Waste heat recovery improves energy efficiency and reduces carbon emissions.

Benefits

Reduce greenhouse gas emissions by using waste heat for energy
Introduce new energy efficient measures and equipment to the region
Facilitate clean technology transfer to India
Improve local air quality by stopping the release of sulphur dioxide and particulate matter

VCS

The Voluntary Carbon Standard (VCS) was jointly developed by The Climate Group, the International Emissions Trading Association and the World Economic Forum Global Greenhouse Register. VCS is a recognisable and reliable independent standard for Verified Emission Reductions.

Det Norske Veritas

Det Norske Veritas was accredited by the UN as an operating entity under the Clean Development Mechanism in March 2004 to perform independent project validations and verification/certification of emissions reductions. It was the first Designated Operational Entity (DOE) to gain accreditation for the verification of all major Clean Development Mechanism scopes. By the end of 2006, it had validated over 500 projects in all major industry sectors in over 50 countries. www.dnv.com

Additionality

Additionality is an assessment of whether a project would have been developed without carbon finance in a ‘business as usual scenario’. An additional project is one that would not have taken place without the revenue created through selling emission reduction credits.

The Clean Development Mechanism additionality tool ensures that projects would not have occurred without the revenue created through selling emission reduction credits. It requires compliance with the following three criteria:

Investment Analysis: to ensure that the project is not financially viable in its own right and would not take place without carbon finance.
Barrier Analysis: to ensure that the project overcomes specific non-financial barriers to development, that would normally prevent the project taking place without carbon finance.
Common Practice Analysis: demonstrating that the project activity is not commonly practiced in the region. Specific distinctions must be demonstrated between the project and any similar projects.

http://cdm.unfccc.int

The Kyoto Protocol

The Kyoto Protocol is an international agreement linked to the United Nations Framework Convention on Climate Change. It sets binding targets for 37 industrialized countries and the European community to reduce greenhouse gas emissions .These amount to an average 5% reduction against 1990 levels over the five-year period 2008 to 2012.