Tuesday, December 3, 2013

RUSSIA SELLS ON THE QUOTA ON GREENHOUSE GAS EMISSIONS

E.ON RUSSIA SELLS THE QUOTA ON GREENHOUSE GAS EMISSIONS
RUSSIA SELLS ON THE QUOTA ON GREENHOUSE GAS EMISSIONS

The fact of transfer of quotas in the amount of 381.9 thousand units confirmed transaction reports are issued by the Russian registry of carbon units.

Emission reduction units were acquired by E.ON Carbon Sourcing. Sale price is pegged to the quotations of ERUs in Europe.

E.ON Russia JSC `` in 2010 was one of the pioneers of the market `` Kyoto quotas. PGU-400 Shaturskaya became the first Russian project, which was not only registered on Joint Implementation, but also endorsed by the UN Commission for the use of the Kyoto mechanisms.

In 2011, two of the project - the construction of combined cycle power Surgut GRES-2 power plant and Yaivinskaya were registered as joint implementation projects under the Kyoto Protocol.

The transfer of quotas received on the draft Surgut GRES-2 power plant and Yaivinskaya in 2011, is expected in early 2013.

At the end of 2011 of E.ON Russia `sold` first `Kyoto` quota: 56.9 thousand units obtained during operation of CCGT-400 Shaturskaya in 2010.

The power units that are based on combined cycle, about a third more efficient than traditional operating in Russia energomoshnosti (efficiency - 56-57%), so the generation of 1 kWh in electricity produces less greenhouse gas emissions.
In general, the three projects of `` E.ON Russia before the end of 2012 the amount of ERUs is estimated at 4,000,000 tons.