Sustainable Priorities: Gold Standard CDM Project

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Sustainable Priorities Gold Standard CDM Project

Topic 1st Gold Standard Project from India
Harsh RavalApril 29, 2009
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Limitations of using Fossil Fuels..

• Producing 1 Unit of electricity, we release _at_
  0.8 kg of CO2.
  
• India produces about 500 billion units of
  electricity.
  
• India accounts for 3.5 of greenhouse emission.
• At 5 growth rate, our coal reserves can not last
  for more than 86 years.
  
• Resources are limited and may not be able to meet
  the increase in demand.
  
• Side Effects of Fossil Fuels
• Ozone hole depletion global warming.
• Melting glaciers and rising sea levels.
• Acid rain, contamination of land water.

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Need For Energy IndependenceFor India

• Extreme dependence on Hydrocarbons (96.26) as
  primary source of Indias energy supply.
  
• Coal (51) Oil (36.39) natural gas (8.84).
• More than 70 of Indias crude oil is imported,
  this costs about 45 of the countrys total
  import bill.
  
• Imports are from politically sensitive regions.
• One dollar rise per barrel put a net burden of
  Rs.2700 crores.
  
• Coal is considered abundantly available as it is
  believed that the coal stock in world will last
  for 117 years by considering 3 growth rate in
  production. But the Coal is major culprit for GHG
  Emissions and one of the major reason for Global
  Warming.

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• So What to do..???
• Only way out is to promote Sustainable
  Development by,
  
• Reduce dependence on fossil fuel
• Promote Energy Efficiency
• Divert towards Renewable Energy.

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Gadhia Solar Energy Pvt Ltd

• MISSION
• Gadhia Solar mission is to leverage on our
  experience in Solar Thermal and work towards
  making Solar Thermal application a mega scale
  reality.
• Establish by Well-known Solar Crusader Mr. Deepak
  Gadhia with German Technologies
  
• More than 15 years of proven track record
• Indigenous in house Production facility in Gujarat

• Best Entrepreneur award from Solar Energy
  (Thermal) Society of India
  
• Blue Sky award form UNIDO for top ten renewable
  energy companies in the world.

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Gadhia Solar..

• Pioneer in Solar Thermal technologies
• Maximum market share in Concentrated Solar
  Thermal Technologies in India
  
• Worlds Largest number of Installed Solar Steam
  Cooking Systems
  
• Indias First Solar Gold Standards Premium Carbon
  Credit -CDM Project accredited by UNFCCC.
  
• Worlds Largest Solar Steam Cooking System, which
  cooks 50,000 meals per day at Shree Saibaba
  Santhan, Shirdi - India.
  
• Manufactured and installed Solar Steam Systems at
  worlds highest place in Ladakh for Indian Army.

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Gadhia- Pioneer in Solar Thermal

• In Process for setting up 100 MW Solar Power
  Generation Plant at Gujarat, We have signed a MoU
  with Govt. of Gujarat at Vibrant Gujarat Global
  Investors Summit - 2009 for the said project.
• We have our credit worlds First 100 tons 150
  Tons of Solar Air Conditioning Projects under
  commissioning
  
• We are building the First Solar Crematorium at
  Gujarat, India.
  
• Steam Generation Systems for producing up to 400
  degrees super heated steam at 100 bar pressure.
  
• Set up Solar steam generation units, which are
  successfully being utilized for power generation
  and process utilization for range of Industries
  like fertilizers, Chemicals, Textiles, Food
  Processing etc

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Solar Thermal Technology

• Solar Thermal technology involves utilizing Heat
  Energy from Solar Radiation for Heating, Cooking,
  Drying Applications, Power Generation etc
  
• We have successfully Developed, Indigenized and
  Commercialized Solar Thermal Technologies for
  various applications.
  
• Solar Cooking Systems,
• Solar Thermal Systems,
• Solar Air Conditioning and Heating Systems,
• Solar Process Heat for Various Applications,
• Solar Hot Water
• Waste Water Evaporation Systems
• Solar Desalination Systems
• Solar Drying Systems etc

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Indias first Gold Standard Solar CDM Project

• Title Solar Steam for Cooking and other
  Application
  
• Ref No 0414, Registered in 2006
• In collaboration with German Government
• Financial Assistance and Guidance from GTZ
• Technological Transfer from Germany

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Project Activity

• Project activity Includes implementation and
  operation of Solar Community Kitchens and various
  Solar Steam Application across the various
  regions in India
• The Project activity is bundled activity of 18
  installations across the 6 states in India
  
• Project replaces diesel and wood widely used for
  community cooking systems
  
• The installation covers NGOs, Schools, Temples,
  Colleges, Industries etc
  
• Systems prepare Food and Warm drinks for total
  more than 28,000 people everyday
  
• Methodology used AMS I C Renewable Energy
  Projects Thermal Energy for user Version 07

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Sustainable Development

• Multiple direct contribution towards Sustainable
  Development
  
• Reduction of Air pollution
• The Solar Technology substitutes the combustion
  of diesel, so directly reducing GHG emission
  ZERO EMISSION TECHNOLOGY
  
• Job creation
• Technology is entirely manufactured in India
  using a labour intensive process
  
• Introduced in India by German-Indian Technical
  cooperation so, is result of technical transfer
  process
  
• Operation and Maintenance of Solar systems are
  more labour intensive as compared to baseline, so
  generates local jobs mainly in rural area
  
• Improvement of working condition- Specifically
  for women in rural areas
  
• Saves Deforestation in rural areas

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List of bundled Installations
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• Who is the Gold Standard Foundation?
• An independent foundation endorsed by 43 NGOs
• A method for creating premium quality carbon
  credits
  
• Why the Gold Standard Label?
• Provides a quality assurance label for projects
  and credits
  
• Ensures a contribution to Sustainable Development
  and Climate Protection
  
• How?
• GS methodology ensures best practices are
  followed
  
• Screens provide a step-by-step guide to
  developing credible projects
  

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• The Gold Standard methodology was created to
  encourage the shift from a fossil fuel based
  economy to a renewable energy economy.
  
• Other projects, such as gas flaring or carbon
  capture, may indeed be beneficial to the
  environment in the short term, but they dont
  change our fundamental relationship to fossil
  fuel consumption in the long term.
• Gold Standard
• Added sustainable development benefits
• Ensured Environmental Integrity
• Adhere to best practice methodology
• They employ only Renewable Energy Energy
  Efficiency technology
  
• Actively seeks local participation on project
  design
  
• Result in demonstrable sustainable development
  benefits
  
• In the voluntary carbon market, where public
  relations and Corporate Social Responsibility
  concerns drive investments, choosing the Gold
  Standard is good business.

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Gold Standard Benefits

• Controlling risk by Quality assurance
• Enhancing reputation
• Premium prices
• Market visibility
• Low-added cost
• Contribute to sustainable development
• Stakeholder acceptance
• Exceeds the current regulatory standards

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Gold Standard Project Criteria

• Eligibility of the project for GS
• Mostly Renewable energy Energy Efficiency
  Projects are considered

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Gold Standard Project Criteria

• Technological Screening
• Details of technology is to be scrutinized,
  Technology transfer will add a value to project

• Sustainable Development Screening
• Provide a self evaluation of the projects impact
  on
  
• Local/regional/global environment
• Social sustainability and development
• Economic and technological development
• consult with stakeholders

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Gold Standard Project Criteria

• Additionality Screening
• Previously announced projects screening
• Additionality Tool- Same as UNFCCC
• ODA (Official Development Assistance)
  additionality test
  
• ODA should be used to fund the project or buy the
  CERs
  
• Use of conservativeness
• All the estimates and parameters used in PDD
  should comply with conservativeness criteria

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Gold Standard Project Criteria

• Monitoring of Sustainable Development
  Parameters
  
• The PDD must show all the relevant parameters to
  be monitored to confirm SD.
  
• The monitoring process must be clearly explained
  in PDD other documents
  
• Environmental Impacts
• Environmental Impact Assessment must be done for
  project if required
  
• Stakeholder consultation requirements
• Two rigorous Stakeholders meetings required
• Initial meeting Comments and concerns are
  collected
  
• Project proponent reverts back to stakeholders
  with explanation about the comments
  
• Second Main Stakeholders meeting would be held to
  discuss the comments received
  
• Stakeholders report must be submitted to Gold
  Standard Secretariat soon after the consultation
  and published on website

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Compare GS and CDM process
Project Design (PDD)
Gold Standard Screens
DOE Validation
DOE Validation for GS
GS-TAC Registration
CDM EB Registration
DOE Verification
DOE Verification for GS
CER Issuance
credit-linked label issuance
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• In Conclusion...

• Buyers Gain
• Credibility and transparency
• Enhanced reputation
• Local Stakeholder support

• Sellers Achieve
• Premium prices
• Financial cushions for the Gold Standard
  seller
  
• Reputational benefits

..and both contribute to improving Sustainable
Development and reducing climate risk
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Some of the Photographs of the Installations
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Working Principle
Solar Parabolic Dish
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Solar water heating system Steam Cooking Where
the cooking energy needs are for more than 500
people.
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Some of the Gold Standard Buyers

• Special events FIFA World Cup, London Olympics
  2012, G-8 Summit, COP Montreal
  
• Organizations HSBC, Credit Suisse, WWF
• Brokers and retailers TFS Energy, Carbon Neutral
  Company, South Pole
  

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• Special Programs
• Carbon Asset Management Sweden
• The Visa Climate Credit Card
• Penguin Approved
• Government programmes (i.e. Belgian tender)
• Climate Cent Foundation

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Contact Us

• Gadhia Solar Energy Pvt Ltd
• 705, Sapath II
• Opp. Rajpath Club, S.G. road
• Ahmedabad 380054
• Ph 079 4003 5875/ 4040/ 5050
• Fax [phone]
• Email us info_at_gadhia- solar.com
• Web www.gadhia- solar.com

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• Take a Step towards
• God of Energy, The Sun
• and
• Join hands to
• Combat Climate Change Global Warming
• Thank You