October 2022 Offsetting Projects
El Edén Hydroelectric Project - Colombia
Context
Located in the east of the Department of Caldas, Colombia, about 125km from the city of Cali, the hydroelectric project uses water from the ‘La Miel River’ to reduce thermal power generation in the National Grid by providing renewable energy. The project expects to generate around 111 GWh per year, with annual emissions reaching 32,102 tCO2e annually over a continuous 10-year accreditation period.
Benefits
The El Edén project shares renewable energy that is directed to the national grid and contributes to the host country’s electricity supply. Additionally, its operations help reduce GHG emissions like nitrous oxide and carbon dioxide associated with fossil fuel combustion. The project also hosts many employment opportunities for the local population, as well as increasing the availability of clean energy in surrounding areas, and on a national scale. Find out more >
Nitrous Oxide Reduction Project - Egypt
Context
Based in Egypt, this project aims to reduce the nitrous oxide emissions that are emitted during operations to create nitric acid. As a greenhouse gas, Nitrous Oxide is an unwanted, invisible, and previously neglected by-product of the manufacture of
nitric acid.
Benefits
The project aims to almost remove the amount of nitrous acid created by the plant during its manufacture of nitric acid. It helps to reduce nitrous oxide emissions by approximately 1.07 million tCO2e each year and an estimated 7.46 million tCO2e over the course of its first accreditation period. This amounts to 98% of the total N2O emitted by the Abu Qir II plant, something that would otherwise be released into the atmosphere without the project. The project also creates employment opportunities for the local community, leading to good economic growth for both the region and country.
Ningxia Xiangshan Wind Farm Project - China
Context
Having commenced full operations in 2017, the Ningxia Xiangshan Wind Farm Project has acted as a substitute for part of the power supply to the Northwest Power Grid (NWPG) that would otherwise be generated by fossil fuel-burning power plants. The project homes 265 wind turbines, totaling an installed capacity of 397.5MW. The result is an approximate power delivery of 948,633.8 MWh to the NWPG, annually.
Benefits
The wind farm project reduces CO2 emissions by substituting the need for fuel-fired power plants, with an approximate annual CO2 reduction of 727,982 tCO2e. As well as this, the construction and operation of the project create employment opportunities for the local population, improved infrastructure and accessibility of the local community, and a higher standard of living. The change in energy structure within the region also has the potential to contribute to the development of the local economy.
Find out more
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