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IRPC is allying with GE Energy and General Carbon to register a proposed cogeneration power plant at its petrochemical complex in Rayong province as a Clean Development Mechanism (CDM) project.

If approved, IRPC would receive certified emissions reduction credits (CERs) for reducing emissions after converting to a new energy technology that uses cleaner-burning natural gas.

IRPC plans to replace the petrochemical complex’s older, less-efficient fuel-oil power plant with a 200MW, natural gas-fuelled cogeneration plant.

The project is planned to help improve the facility’s energy efficiency, reduce its greenhouse gas emissions and reduce air emissions in this industrial area.

The proposed cogeneration plant would be powered by six Frame 6B gas turbines supplied by GE Oil and Gas and would provide a cleaner source of power and steam for IRPC’s operations.

The CHP plant is expected to enable IRPC to reduce its emissions by an estimated 400,000 tons of CO2 equivalents per year, making the project eligible for 400,000 ‘certified emissions reduction’ credits (CERs) that could be sold in the global carbon market.

General Carbon plans to develop the project design document and manage the CDM process through to registration with the CDM’s executive board.

The company also will facilitate the monetisation of the carbon credits for IRPC if the natural gas cogeneration plant is successfully registered.

IRPC has been exploring the carbon credit opportunity with GE Energy and General Carbon since its initial consideration of the CHP project in 2007.

Presently, IRPC’s existing fuel-oil power plant generates 48MW of power and IRPC still needs to buy an additional 100MW from the local grid to meet the total energy requirements of its Rayong petrochemical complex.

In comparison, when completed, the gas-fired cogeneration plant would have a capacity of 200MW, capable of supplying all of IRPC’s refinery requirements.

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