Energy Efficient Motors – CDM opportunities【Jean-Marc Alexandre】.pptVIP

Energy Efficient Motors – CDM opportunities Jean-Marc Alexandre Action for Sustainable Development Dissemination workshop organized in the framework of the project ‘Definition of Appropriate Mechanisms for the Adoption of Energy Efficient Motor Systems (EEMS) in the Chinese Energy-Intensive Industry’ Beijing, 24 September 2009 Essential Background The CDM project cycle Costs and benefits comparisons Case study and pilot project Possible organizational structures Conclusions Presentation outlines 1992: Rio Conventions, including the UNFCCC 1994: The Convention takes effect: no specific actions or time frame 1997: COP 3 in Kyoto – binding targets for developed countries over the 2008-2012 period (5% as compared to emission level of 1990) 2001: Marrakesh Accords – detailed rules for implementation of the Kyoto Protocol 2005: Ratification of the Protocol by Russia – entry into force Essential Background CDM one of the project based “flexibility mechanisms” of the Kyoto Protocol Allows GHG reduction projects implemented in developing countries to get credits (CERs) Runs until 2012 Energy efficiency is eligible Projects can small or large Three approaches: single, bundling, programmatic Essential Background (contd.) The CDM project cycle Project identification PDD Development Parties’ Approval Validation / registration Monitoring Verification, certification, issuance Key costs and benefits comparisons PDD Development: 1,500 to 3,000 US$ per project Validation: 30,000 – 60,000 US$ per project Registration: advance on admin fees – 0.1 US$ for the first 15,000 CERs / 0.2 US$ for the rest Monitoring: 20,000 – 30,000 US$ per project per year Verification / certification: 20,000 – 45,000 US$ per project per year Issuance: same principle as registration fee Single approach: costly, and difficult if project implemented at different locations Bundling: cost efficient, but difficult if projects do not have the same implementation schedule The programmatic app