Arcadis opens landfill gas plant in Sao Paulo, launches new project in Rio, fetches carbon credits
Netherlands-based Arcadis, an international consultancy, design and engineering company, today announced the official opening of its Sao Joao landfill gas installation and power plant by the mayor of Sao Paulo, Gilberto Kassab. The degassing installation - owned by Arcadis' affiliate Biogás Energia Ambiental - extracts methane gas generated by the 80 hectares Sao Joao landfill. In a world's first, the carbon credits obtained from the project were recently auctioned over the internet. Of all carbon credits from landfill gas issued globally by the UNFCCC, Arcadis takes an 80 percent share.
The biogas from the Sao Joao landfill is used as a biofuel to feed a 24 megawatt power plant the operation of which was started on January 25th. In addition, Arcadis announces the development of a third biogas installation near Rio de Janeiro. This installation is based on the same principle and similar in capacity to Sao Joao. It will generate biogas from the vast Gramacho landfill (picture).
Together, the Sao Joao and Bandeirantes landfill methane gas output is used to generate 340 million Kwh of electricity annually, sufficient power for more than 120,000 households. As a result, the equivalent of 12 million tons of CO2 will be saved in the coming years, which according to the Kyoto Treaty, gets the joint venture 12 million carbon credits. Half of these are shared with the Municipality of Sao Paulo.
These carbon credits were recently sold on the world’s first Certified Emission Reductions (CERs) spot market auction managed and promoted by a regulated exchange - the Brazilian Mercantile & Futures Exchange. The event represented an important initial step in the organization and development of a global market for environmental certificates. The auction was carried out via the Internet. The successful bid came from Belgian-Dutch Bank Fortis, which offered €13.1 million (US$18.5 million, or 16.20 €/tonne) for carbon credits worth the equivalent to 808,405 tonnes of CO2 (previous post):
energy :: sustainability :: biomass :: bioenergy :: biofuels :: biogas :: landfill gas :: biomethane :: carbon credits :: UNFCCC :: Brazil ::
Meanwhile, of the remaining 6 million carbon credits that are kept by Biogás Energia Ambiental, a contract for the sale of 5 million of these credits was already signed with the German bank KfW until 2012. Once Gramacho is accredited under the Kyoto protocol, it will generate carbon credits for which Biogás can again seek long term contract buyers.
Photo: Gramacho, near Rio de Janeiro. Credit: "Jardim Gramacho" - Marcos Prado.
References:
Arcadis: ARCADIS opens landfill gas plant and announces additional capacity - January 28, 2008.
Biopact: Fortis Bank buys €13.1 million worth of carbon credits from biogas project in Brazil, at first internet auction - September 27, 2007
The biogas from the Sao Joao landfill is used as a biofuel to feed a 24 megawatt power plant the operation of which was started on January 25th. In addition, Arcadis announces the development of a third biogas installation near Rio de Janeiro. This installation is based on the same principle and similar in capacity to Sao Joao. It will generate biogas from the vast Gramacho landfill (picture).
Together, the Sao Joao and Bandeirantes landfill methane gas output is used to generate 340 million Kwh of electricity annually, sufficient power for more than 120,000 households. As a result, the equivalent of 12 million tons of CO2 will be saved in the coming years, which according to the Kyoto Treaty, gets the joint venture 12 million carbon credits. Half of these are shared with the Municipality of Sao Paulo.
These carbon credits were recently sold on the world’s first Certified Emission Reductions (CERs) spot market auction managed and promoted by a regulated exchange - the Brazilian Mercantile & Futures Exchange. The event represented an important initial step in the organization and development of a global market for environmental certificates. The auction was carried out via the Internet. The successful bid came from Belgian-Dutch Bank Fortis, which offered €13.1 million (US$18.5 million, or 16.20 €/tonne) for carbon credits worth the equivalent to 808,405 tonnes of CO2 (previous post):
energy :: sustainability :: biomass :: bioenergy :: biofuels :: biogas :: landfill gas :: biomethane :: carbon credits :: UNFCCC :: Brazil ::
Meanwhile, of the remaining 6 million carbon credits that are kept by Biogás Energia Ambiental, a contract for the sale of 5 million of these credits was already signed with the German bank KfW until 2012. Once Gramacho is accredited under the Kyoto protocol, it will generate carbon credits for which Biogás can again seek long term contract buyers.
[...] we assist many municipalities and companies in reducing their carbon footprint, but the scale at which this happens in the land fill gas installations is especially impressive. According to UNFCCC information about 80% of the total of carbon credits issued so far for landfill projects has been derived from the Bandeirantes Project. Sao Joao and Gramacho will add soon to further increase these significant contributions. - Harrie Noy, CEO of ARCADIS:Arcadis is an international company providing consultancy, engineering and management services in infrastructure, environment and facilities, to enhance mobility, sustainability and quality of life. Arcadis develops, designs, implements, maintains and operates projects for companies and governments. With more than 12,000 employees and over $ 2 billion in gross revenue, the company has an extensive international network that is supported by strong local market positions.
Photo: Gramacho, near Rio de Janeiro. Credit: "Jardim Gramacho" - Marcos Prado.
References:
Arcadis: ARCADIS opens landfill gas plant and announces additional capacity - January 28, 2008.
Biopact: Fortis Bank buys €13.1 million worth of carbon credits from biogas project in Brazil, at first internet auction - September 27, 2007
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