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Portfolio of Biomass Projects in the Czech Republic. David Viduna. BTG Central Europe s.r.o. San Salvador, March 28, 2003. Background. Favorable conditions > 20 municipal biomass projects in the Czech Republic were under development core finance from State Environmental Fund
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Portfolioof Biomass Projects in the Czech Republic David Viduna BTG Central Europe s.r.o. San Salvador, March 28, 2003
Background • Favorable conditions • > 20 municipal biomass projects in the Czech Republic were under development • core finance from State Environmental Fund • co-finance was needed Czech Republic
Background II Favorable conditions • BTG’spilot JI projects (AIJ) in several CEE countries • BTG’s municipal biomass pilot JI (AIJ) project in Hostětín, Czech Republic 732 kW biomass boiler in Hostětín
BTG’s JI bundling approach Senter ERUs delivery baseline, proposal & reporting funds bulk contract proposal and transaction approvals BTG Project developer BioHeat Financing intermediary “Bundling Fund” Host country govt. project development & ER monitoring individual contracts 1 2 X .... project portfolio
The Czech Portfolio for ERUPT • >20 municipal central heating systems 0.5 to 10 MW • Biomass (woodchips/straw) replaces individual or central fossil fuel boilers • Project type: fuel switch CO2 em. reduction + avoided methane from waste wood dumps • Emission reduction: up to 240 ktons of CO2e. (ERUs) per year.
The Czech Portfolio for ERUPT • ERU-PT contract: 0.5 million ERUs for EUR 4.7 million • JI funds linked to the system of the Czech State Environmental Fund (SEF) • SEF support: up to 40% grants and up to 40% zero interest loans • JI funds represent 10 to 20% of the total investment
Status • contract with the Dutch Ministry of Economic Affairs/SENTER • contracts with municipalities • approval from the Czech Ministry of Environment
Summary • Homogeneous bundle • type • size (over a critical value) • owner • baseline • timing
New portfolios/bundles • Bundle/portfolio of 6-7 biomass projects in CEE • Bundle/portfolio of 4 landfill gas projects in CEE
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