En Group and IrkutskEnergo Will Receive 4mln Tonnes CO2eq
OREANDA-NEWS. January 21, 2010. En+ Group and IrkutskEnergo plan to receive about four million emission reduction units (ERU is a market certificate under the Kyoto Protocol; it corresponds to 1 tonne of CO2 emission reductions) in a project to replace six water wheels at Bratsk HPP. Now that all the procedures under the Kyoto Protocol, including an international audit, have been completed, the Project will be submitted for the first JI projects competition commissioned by the RF Ministry of Economic Development and organized by Sberbank of Russia.
The project to replace six water wheels of Bratsk HPP with more efficient ones was launched in 2006; five wheels have already been installed so far, the sixth to be put in place in 2010. The new wheels will generate higher capacity for Bratsk HPP at the unchanged water amount, which, in turn, will create an opportunity to substitute power produced by the region's coal power plants and reduce CO2 emission.
Bratsk HPP will be able to produce extra 3.5bn kWh during the period when the Kyoto Protocol is in effect (2008 - 2012).
The Kyoto-related activities within the project were launched by En+ Group and OAO IrkutskEnergo's experts in September 2009. It took them less than 4 months to produce the project documentation, to have a public discussion and to make an international audit required by the Kyoto Protocol.
En+ Group Deputy CEO Jivko Savov commented: "This is
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