© ESD 2003

IRIS KYOTO Example: Svilosa Wood Waste, Bulgaria

Coal

Waste

Emissions

Coal

Waste

Biomass boiler

Emissions

75,000 tonnes CO2 per year

© ESD 2003

Current Situation• Wood process plant• Large Coal Electricity Generator on site – 120MW• Produces 90,000 t bark and wood waste per year

JI Project, Implementing Now:• Build a 14MW Biomass boiler (heat only)• Fuel is waste & stock from 400,000 tonne

stockpile

The Svilosa Project

© ESD 2003

• Value from 2 sources:>Coal not burnt>Methane avoided from waste>Total is 75,000 tonnes CO2e per year

• These Emission Reductions have been sold to the PCF: total quantity = 500,000 t CO2e

• Cost of biomass boiler = USD 2.5m• Contribution of Emission Reductions = 40-50%• Civil works have started; First Payment Jan-

05• PCF has taken Kyoto risk

Emission Reduction value