 |
 |
 |
The CDM consultancy service for CDM project 2x110 MW Gunung Rajabasa Geothermal Power Plant between PT Supreme Energy Rajabasa (SERB) and PT Asia Carbon Indonesia (ACI) was signed in January 2011. The project activity is located in Lampung Province. The project activity is planned to have the installed capacity of 2x117 MW and the net electricity generation of 2x110 MW will be transmitted to the Sumatera grid owned by State-owned Electricity Company. The project has been registered to the UNFCCC on 18 September 2012.
The consultancy service for ISO 14064-2 between PT Pamapersada Nusantara (PAMA) and PT Asia Carbon Indonesia (ACI) was signed in Q4-2011. PAMA actively manages numerous coal mining, gold and quarry and is a wholly-owned subsidiary of PT United Tractors Tbk, a major distributor of Komatsu heavy equipment in Indonesia in which the major shareholder of PT United Tractors Tbk is PT Astra International Tbk, one of the largest and well known companies in Indonesia. The purpose of the project activity is to generate a verified GHG emissions reduction in KCMB site in South Kalimantan Province following principles under ISO 14064-2.  KCMB Site Visit, Dok. ACI, 2012 The sources of emission reduction are from the utilization of fuel additive and the installation of Auto Economic Mode at operation vehicles. The amount of emission reduction is significant and has been audited by third party/auditor. The certification of ISO 14064-2 will be inaugurated to PAMA in January 2013.
In Q3-2012, PT Asia Carbon Indonesia (ACI) has been awarded by International Copper Association Southeast Asia Ltd (ICASEA) to assist on the market research for electric water pump at households. Direct interviews have been done to producers, distributors, agents, repairing station and households in Jakarta area. The intention of the research is to identify the prospect of copper producers to support Indonesian market on electric water pump at household. The projection of electric power pump demand is developed until 2020.
 FGD1, Dok. ACI, 2012 Institute for Global Environmental Strategies (IGES) and PT Asia Carbon Indonesia has signed an Agreement by Q4-2012 for study on MRV Capacity Building for New Market Mechanisms in Indonesia for FY 2012. It aims to strengthen the capacity of Indonesia government for establishing domestic carbon market and to support for the development of relevant methodologies and guidelines on Indonesian domestic carbon market. In this activity, three of six (6) methodologies are developed by ACI, which are methodologies for hydro, composting and mangrove. Two FGDs are conducted during the agreement’s period to have the inputs and comments from experts related to the methodologies for the developed methodologies. The FGD 1 has been done in November 2012 and the second will be conducted in February 2013. More than 30 participants attended FGD1 and various inputs to each methodology have been received by ACI. The input will be analyzed and further adopted to the methodologies. In FGD2, the updated methodologies will be discussed and endorsed to be implemented to Indonesia domestic carbon market.
Kamlesh Kumar Pathak, Country General Manager, Asia Carbon Emission Management India Pvt. Ltd. has been invited to train the participating industries of CALABARZON of Metro Manila region in a project funded by European Union. The delegates were provided with expertise on approach and methodology of “Carbon Footprint Calculation & Techniques”. The training provided on 07/05/2012 and 08/05/2012 as “Blended Learning Course” as part of Club Workshop 1 and Club Workshop 2 of ECOSWITCH Training Program. During the 2 Days training is attended by 94 Delegates from 45 Industries, academic organization and institutions. Few of industries and organization who participated the training program are; Angeles Power, Atlantic Coating, Ford Motor Philippines, Foremost Farms, Globe Telecommunication, Philippines Airlines, Honda Car Philippines Inc. The project is aimed at improving the companies’ environmental and social performance and at the same time increasing economic benefits.
The first verified VCS project for our client, STEEL AUTHORITY OF INDIA LIMITED. The project Activity is located in Bhilai Steel plant , Chattisgarh and IISCO steel plant, Burnpur.The project activity belongs to the type III of Waste heat recovery , and this Verified bundled project under VCS standard , under large scale project category , yields total emission reduction of around 3,29,609 t CO2/Annum for crediting period of 2006-2010. The project activity was registered as per the tools and guidelines as per the UNFCCC CDM requirements and the methodology followed for this project is ACM 0012, Version 4. (Consolidated baseline methodology for GHG emission reductions from Waste energy recovery projects).The project is registered with Markit Environmental Registry.
The above mentioned Registered CDM project activity (Registration ID: 1206) under Type I, Renewable Energy, is under Request for Issuance with UNFCCC from December 2012.The project activity verification is done under the Methodology AMS .I.D. Grid connected Renewable Electricity Generation, Version 10 by TUV Nord ,Chennai..The project activity is basically biomass based power generation of capacity 9 MW by our Client TCP limited, Chennai. The total CER’s for which issuance is requested is for the monitoring period 2007-2008. The achieved realistic, actual monitored emission reduction for this project activity is around 12,009 t CO2/Annum. While, TCP 2nd verification
The CDM feasibility study is conducted for one of our future client, M/s Aarti Hydro and M/s Mathura Infrastructure. The location of the project is at Maharashtra. The Aarti hydropower of capacity 1.5 MW dam foot hydro powers is located in Pen district, Raigad, Maharashtra and M/s Mathura infrastructure with dam foot hydro power plant of the capacity 2 MW is located in the Bhusaval district, Jalagon district. The Bundled project is a micro scale project activity of capacity 3.5 MW under AMS I.D (Grid connected Renewable Electricity generation)
The small scale Type I project of AMS I.C ( Thermal Energy production with or without Electricity).The project activity , for which the Validation CAR’s/CL’s has been successfully closed, is expecting the Final Validation report from M/s RINA S.P.A. The total expected CER’s for this project is around 9214 t CO2/Annum
The bundled large scale CDM project at Bhilai steel plant and IISCO steel plant respectively is under type 3, Waste heat recovery based project under ACM 0012 , Version 4, is presently under final validation stage with M/s TUV Nord, Gmbh. The project activity is basically waste heat utilization from quenching hot coke by dry quenching method.
Asia Carbon ESCO was formed to conduct energy audits to improve energy efficiency of facilities to reduce the carbon footprint of companies while at the same time bringing cost saving benefits. This is especially vital in Singapore as the main source of electricity generation is from fossil fuel sources and for the foreseeable future will be the case. Thus to reduce national and global CO2 emissions, energy efficiency improvement is a vital focus point. Asia Carbon ESCO is led by Mr. Ir Kumarason Kandiah who is the Key Qualified Person (KQP) who has 12 years of experience in the field of energy auditing, retrofitting and design in both locally and internationally. He is supported by a qualified team of personnel for energy audits.
ACG's Group lighting the lamp at the event. ACG Group receiving the token of appreciation from The Governor of Andhra Pradesh.
(July 3, 2008)Asia Carbon Emission Management India Pvt Ltd – India, a member of Asia Carbon Global, has organized “Carbon - Markets, Mechanism, Money”, a one-day appreciation cum awareness program on earning Carbon Credits, at New Delhi & Chennai on the 1st & 3rd of July, 2008. After the sessions ended, there were healthy discussions in the various aspects of CDM & Carbon Trading. The queries were interesting, such as difficulties in implementing coal washery power plants, the possible scope of Jatropha in CDM, challenges in Afforestation & Reforestation, etc.
(June 24, 2008) Japan Bank for International Cooperation (JBIC) inked yesterday a Cooperation Agreement with Singapore-based Asia Carbon Exchange Pte. Ltd., a company whose business operations include carbon-related information services and the transaction of Certified Emission Reductions through its ACX-Change, the world’s first carbon auction trading platform. Signed by representatives Mr. Koji Tanami, JBIC Governor and Mr. Malcolm Chew, Managing Director of Asia Carbon Exchange Pte. Ltd., the Agreement details the hosting of the Nikkei-JBIC Carbon Quotation Index within the Asia Carbon Global website. The Index currently appears every Monday on Carbon Credit Trading Platform and the Nikkei Ecolomy website , an environment-related site of NIKKEI NET operated by Nikkei Inc. This cooperation underscores JBIC’s and ACX-Change’s continuous efforts to support Japanese as well as Asian firms as they cope with global climate change through the Kyoto Protocol. The agreement will promote emissions trading by providing information on carbon credit requirements in Japan to credit sellers in Asia, thereby eventually stimulating a supply of carbon credits from ACX-Change to Japan to help meet the needs of Japanese companies, as set out in the voluntary action plan of the Nippon Keidanren, the leading Japanese business association.
Asia Carbon Global (ACG), launched a new office in Sydney on March 27, 2008. ACX-Change Australia will be covering ACG’s growing interest in Australia and New Zealand. ACX-Change Australia, together with its strategic partner Evans and Peck, was selected in early April to be one of the Australian Government’s Panel of Experts. This will entail advisory support for the establishment of the Registry for the continent’s planned national emissions trading system (AU-NETS). ACX-Change Australia will be offering the Group’s vertically-integrated business model of carbon advisory, CDM finance, and carbon trading services as well as introducing its innovative Registry Services for Voluntary Emission Reductions (VERs) as well as Project Monitoring Services for CER buyers, most of whom it is expected, will be coming from the fast-growing Asia-Pacific economies of Australia and New Zealand.
Asia Carbon Global, Singapore announced the issuance of CERs from a grid- connected biomass power plant in India. This is the first CDM project from Asia Carbon Global’s portfolio of projects to have received carbon credits. The CERs were purchased by a buyer from Switzerland and the CERs were successfully transferred to the buyer’s account. The CERs were traded on the ACX-Change on a forward basis at an auction in April 2006. Asia Carbon Global developed this CDM project in 2005 under its Asia Carbon Asset Development Facility which underwrote the CDM risk for this project. |
 News Archive Section |
 |
Introduction to CDM and Carbon Trading 
