Portfolio

of Biomass Projects

in the Czech Republic

David Viduna

BTG Central Europe s.r.o.

San Salvador, March 28, 2003

Background

Favorable conditions

• > 20 municipal biomass projects in

the Czech Republic were under

development

• core finance from State

Environmental Fund

• co-finance was needed

Czech Republic

Favorable conditions

• BTG’s pilot JI projects (AIJ) in several CEE countries

• BTG’s municipal biomass pilot JI (AIJ) project in

Hostětín, Czech Republic

Background II

732 kW biomass boiler in Hostětín

1 2 X....

project portfolio

individual contracts

project development& ER monitoring

ERUsdeliveryfundsbaseline,

proposal & reporting

BTGProject developer

BioHeatFinancing intermediary

“Bundling Fund”

proposal and transaction approvals

Senter

Host country

govt.

bulk contract

BTG’s JI bundling approach

• >20 municipal central heating systems 0.5 to 10 MW

• Biomass (woodchips/straw) replaces individual or central fossil fuel boilers

• Project type: fuel switch CO2 em. reduction + avoided methane from waste wood dumps

• Emission reduction: up to 240 ktons of CO2e. (ERUs) per year.

The Czech Portfolio for ERUPT

The Czech Portfolio for ERUPT

• ERU-PT contract: 0.5 million ERUs for EUR 4.7 million

• JI funds linked to the system of the Czech State Environmental Fund (SEF)

• SEF support: up to 40% grants and up to 40% zero interest loans

• JI funds represent 10 to 20% of the total investment

The Czech Portfolio for ERUPT

• contract with the Dutch Ministry of Economic Affairs/SENTER

• contracts with municipalities

• approval from the Czech Ministry of Environment

Status

Homogeneous bundle

• type

• size (over a critical value)

• owner

• baseline

• timing

Summary

• Bundle/portfolio of 6-7 biomass projects in CEE

New portfolios/bundles

• Bundle/portfolio of 4 landfill gas projects in CEE

THANK YOU

www.btg.cz