Development, Construction, & Financing
Design
and specs, gas projections, construction and commissioning,
economic analysis for utilization.
Utilization
Comcor
will investigate potential utilization projects in the
vicinity of the landfill site. Possible utilization
projects include direct use at a neighbouring facility
or at the landfill,  or
generation of electricity for sale. Comcor undertakes
all aspects of the utilization project, including design
and construction, financing, negotiation of the gas
purchase agreement as well as operation of the landfill
gas utilization system for the life of the project.
The development of a landfill gas utilization project
may include a royalty payment to the owner of the landfill.
Power
Purchase Agreements
Regardless
of the type of utilization, most projects will require a long-term
agreement for the purchase of the power or sale of the gas.
This commitment to purchase the power is necessary to justify
any capital investment in the system. The negotiation of long-term
power purchase agreements can be complex and lengthy. By assessing
the risk profiles of the purchaser and the project, Comcor
has successfully negotiated several agreements with both public
and private sector clients.
Greenhouse
Gas Emission Reduction Credits
 The
market for greenhouse gas emission reduction credits
is still in the development stages but, in light of
the national commitments made by Canada under the Kyoto
Accord, many companies have entered into agreements
for trading credits. While the credit system is still
being developed by the Canadian government, many companies
have participated in emissions trading as part of their
risk mitigation program. However, until this system
is formally and legally accepted by governing parties,
it remains a purely speculative market, in which companies
attempt to hedge their emissions position through credit
purchases.
In order to provide
structure to the emission credit system, emission reduction
credits must meet specific criteria for acceptance:
- Real -
credits must be as a result of specific initiatives;
- Verifiable
- credits must be measurable in an accepted manner;
- Surplus
- credits must be as a result of initiatives above and beyond
the requirements of regulatory bodies; and
- Have unencumbered
ownership - vendor has capacity to sell credits.
Comcor has direct
experience negotiating and implementing emission reduction
credit agreements, including documentation of credit verification.
Most emission reduction credit agreements require a long term
commitment to provide credits. Comcor, with our multiple projects,
is able to make long-term commitments on credits. In the event
that a project is not able to meet the credit target, Comcor
can substitute credits from another qualified project; a risk
mitigation strategy that is not available to participants
with limited emission reduction projects.
Creative
Solutions
 Comcor
is keenly aware of the challenges facing municipalities
today. We pride ourselves on finding creative and innovative
solutions to these various challenges. Utilization of
landfill gas provides an environmental benefit through
the reduction of greenhouse gas emissions, addresses
odour and safety issues at the site, and provides a
potential source of revenue to the owner. Utilization
options range from generating electricity to direct
use in a boiler system to providing heat and carbon
dioxide requirements for a greenhouse.
Other
Services :
|
