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| Title | [Digital Gas News] Daegu City Gas – Tripling its Impact with carbon emission reduction projects | 2010.01.18 |
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FROM: Digital Gas News [Digital Gas News] Daegu City Gas, Tripling its Impact with carbon emission reduction projects From LFG and the Mongolia GEEP project to solar thermal power .jpg) Daegu City Gas Co., Ltd., in a rapid response to the challenges of climate change completed the construction of landfill gas (LFG) facilities at Bangcheon-ri, Daegu in 2005. For the first time in the industry, Daegu City Gas turned landfill gas (LFG) into useful energy. Younghoon David Kim, CEO of Daesung Group and Regional Vice Chair for Asia Pacific and South Asia of WEC (World Energy Council,) played an important role in this process. Daegu City Gas developed technology in this new field with the cooperation of the Daesung Institute for Clean Energy (DICE) and worked with various R&D institutes which specialized in renewal energy. The results have been impressive so far. Daegu City Gas made a large investment (71%) in the Bangcheon-ri Landfill Gas-to-Energy project in 2006, establishing the Daegu Energy & Environment Corp. The effort has been evaluated as being a new energy concept for the recycling of waste. The construction of the Bangcheon-ri Landfill Gas-to-Energy project, which cost 25 billion KRW, started in 2005 and has been in operation since October, 2006. Currently, all landfill gas produced by Daegu Energy & Environment is supplied to the Daegu branch of Korea District Heating Corp. as a main generator of heating. The Bangcheon-ri Landfill Gas-to-Energy project was registered to the UN Climate Change Convention (UNFCCC) as a CDM business. 225,919 tons of CERs (Certified Emission Reduction) were monitored for seven months. Daegu Energy & Environment gained around three million Euros from carbon emission reduction activities. Daegu City Gas is earning approximately seven billion to eight billion KRW from carbon emission sales. In addition, a new concept of eco-friendly business that relates to RDF (Refuse Derived Fuel) business using daily waste is being planned. Daegu City Gas is gaining in three ways: recycling waste, utilizing it as a new source of energy, and creating profit from it. Another green energy business that Daegu City Gas is occupied with is the GEEP project involving the installation of a solar-wind hybrid system in Mongolia. The GEEP project, which uses the SolaWin System to afforest a region facing desertification was selected as a flagship project in WEC’s Asia Pacific region in 2007. Daegu City Gas was also selected as a partner by the Mongolian government for the “International Greenhouse Gas Reduction Support Project” in 2008 with funding of 4.2 billion KRW. Thus the renewable energy technology of Daegu City Gas is now globally recognized. Recently Daegu City Gas was selected as the country’s first company to manage the development of a tower-type solar thermal power system. The company is planning to invest an additional 11.6 billion KRW to build a 200 kw solar thermal generator over the next three years. Through Daegu City Gas’s renewable energy business the company expects to take a leading role in addressing the climate change issue.
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