Former Centrica emissions trading head joins CRM
Thomas Winklehner, former head of emissions trading at British utility Centrica, has joined Carbon Resource Management (CRM) to lead the firm's two-man emissions trading desk, dealing in European Union carbon permits and Kyoto Protocol carbon offsets. Thomas has 9 years of experience trading electricity and carbon during which time he was devising prop-trading and hedging strategies for energy trading houses and utilities. His role at CRM is on optimising the portfolio value while controlling associated risks.
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CRM purchases ERUs from partners in Ukraine
Carbon Resource Management has purchased Emission Reduction Units (ERUs) from its partners in Ukraine, along with greened Assigned Amount Units (AAUs) from the pre-2008 period of Joint Implementation projects. There is a growing market for greened AAUs and with its strong presence in Kiev, Carbon Resource Management has demonstrated its ability to secure a reliable source of credits for its international clients.
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World's First Offshore Wind CDM Project
The Executive Board has given its approval for the world’s first registration under the Clean Development Mechanism of an offshore wind farm. The project, which will have a capacity of 102MW when fully operational, is based in coastal waters near to Shanghai, China. Carbon Resource Management Ltd wrote the Project Design Document and has purchased the CERs from the project owners, a consortium of China’s largest power companies.
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High Quality Verified Emission Reductions for Sale
Carbon Resource Management has sold 2.7 million high quality Verified Emission Reductions over the last 3 years. It presently has over 100,000 VCUs available from wind farms in China and in 2010 the first of its Gold Standard VERs will be available. Any organisation that is interested in purchasing upwards of 15,000 VCUs should contact William Dunford for further information via: wd@carbonresource.com
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A Letter of Commendation for CRM
In February 2009, Guohua Energy Company in China sent the following letter of commendation:
Dear Mr Nicholas Clarke and Ms Qian Yiwen,
I am writing this letter to thank CRM for the work done for Guohua’s Windfarm CDM Projects. On 4th and 5th this month we received respectively the registration notifications from EB on Manjing West Windfarm Project (2040) and Huitengliang West Windfarm Project (2047). This is a monumental breakthrough for the collaboration between CRM and Guohua.
I am writing to especially thank one of your team members, Miss Yao Yanxia as well. In charging of the two above-mentioned projects, Miss Yao had worked seriously and was fully committed to her work. She had showed us with professionalism and technical competence during the one-and-a-half year’s project development time. I think, that’s what a good CDM project manager will be.
I hope our collaboration will still continue for further success. We have reason to believe that 2009 will be a fruitful year. Guohua hope that the registration of Manjing North Project and Qijiashan Project will finally be done in 2009.
Furthermore, we have several Golden Standard projects. Guohua have attached great importance to the development of these projects. Therefore, Guohua really hope the successful development of GS project will be another milestone of our collaborations in 2009.
Finally, I sincerely invite you two to visit our office next time you come to Beijing again.
Faithfully yours,
WU Peihua – Chief Engineer, Guohua Energy Co. Lt., Beijing, China.
Click here to view the original letter
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CRM Photo Wins 2nd Prize in International Photo Contest
A snowscape of wind turbines and Mongolian ponies on a grassland in China won second prize in the UNFCCC/CDM International Photo Contest 2008 – Best of Changing Lives.
The photo, entitled ‘Outside the Window…’, was taken from a jeep during a visit to the CDM project 1261 Guohua Huitengliang Wind Farm Project.
The photographer, Li Chun, who works as an operator at the wind farm said, ‘The local herders are Mongolians. When they come home to Huitengliang to celebrate Chinese New Year, they let their ponies roam freely around the wind farm’.
The grassland around Huitengliang is the second largest in Inner Mongolia. The nearest town, Xilinhaote, is over 50 kilometres away.
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