Danish Climate Project among the first 15 to achieve Russian approval, Danish Energy Agency

Release Date: 2010-08-18

Russian authorities have just approved the first batch of JI-projects ever, and the Danish Amursk Project is among 15 projects to receive this long awaited Letter of Approval. The project is expected to reduce emissions by around 270.000 t CO2 annually.
As a part of its JI/CDM activities in Eastern Europe and developing countries, Denmark has during the last 5 years prepared JI-projects in Russia with a focus on energy efficiency and cleaner energy generation. Russia is clearly a country with both potential and a need for these kinds of investments, but so far an important prerequisite – namely the formal Russian approval - has been lacking. As this is now in place, the good news has been welcomed by the Danish Minister for Climate and Energy, Lykke Friis: “It is indeed good news that we now see the first project approvals in Russia, a nation with significant potential for climate friendly investments. Therefore, I also brought up the matter during the Russian presidential visit to Denmark in April of this year.”

As many as 39 projects participated in the first tender, but only 15 made it to the list of approved projects. Among these 15 was the Danish fuel-shift project at the CHP plant in Amursk in Far Eastern Russia, where heavily polluting coal usage will be replaced by natural gas, and more efficient fuel utilization. The fuel shift and the efficiency improvements will reduce CO2 emissions with a total of 270.000 t. annually, and also ensure significant reductions in the emissions of NOx, SO2 and fly ash.

Denmark also participates in the Danish Carbon Fund under the World Bank. Another Russian JI-project under this fund also gained Russian approval in the first tender.

Lykke Friis adds: ”My satisfaction with the Russian news is strengthened by the approval of the Amursk project, and I clearly see this as an endorsement of the strong Russian-Danish cooperation in the field of energy.”

The Danish state and the project host, Far-Eastern Generating Company, signed the emission reduction purchase agreement in 2005, but it is only with the recent approval, that the project can lead to issuance of CO2-credits.
Type: NORMAL
Company: Danish Energy Agency
Country: Denmark
 
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