CLEAN DEVELOPMENT MECHANISM PROJECT DESIGN DOCUMENT FORM (CDM-SSC-PDD) Version 03 - in effect as of: 22 December 2006 CONTENTS

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1 CLEAN DEVELOPMENT MECHANISM PROJECT DESIGN DOCUMENT FORM (CDM-SSC-PDD) Version 03 - in effect as of: 22 December 2006 CONTENTS A. General description of the small scale project activity B. Application of a baseline and monitoring methodology C. Duration of the project activity / crediting period D. Environmental impacts E. Stakeholders comments Annexes Annex 1: Contact information on participants in the proposed small scale project activity Annex 2: Information regarding public funding Annex 3: Baseline information Annex 4: Monitoring Information 1

2 Revision history of this document Version Date Description and reason of revision Number January 2003 Initial adoption 02 8 July 2005 The Board agreed to revise the CDM SSC PDD to reflect guidance and clarifications provided by the Board since version 01 of this document. As a consequence, the guidelines for completing CDM SSC PDD have been revised accordingly to version 2. The latest version can be found at < December The Board agreed to revise the CDM project design document 2006 for small-scale activities (CDM-SSC-PDD), taking into account CDM-PDD and CDM-NM. 2

3 SECTION A. General description of small-scale project activity A.1 Title of the small-scale project activity: >> Korea Land Corporation Pyeongtaek Sosabul-district new and renewable energy model city (Photovoltaic system) Version: 06 Date: 29 August 2008 A.2. Description of the small-scale project activity: >> - The purpose of the project activity The main purpose of the project activity is to supply Pyeongtaek Sosabul-district with electricity from Photovoltaic system in Pyeong-taek city. - Project description The participant, Korea Land Corporation (KLC) will develop Pyeongtaek Sosabul-district to ecofriendly, renewable energy residence district including detached houses, apartments, schools, iconic tower and solar park lights. This area will be approximately 3,021,281m 2 and move in 12,542 households. KLC is going to be developed that will be supplied up to 5.23% 1 of Total consumption energy by renewable sources in Participant makes the plan that detached houses and schools will be installed Photovoltaic system on the roof and solar park lights will be installed and iconic tower will be set up photovoltaic system such a Building integrated photovoltaic system (BIVP). Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city aims to install photovoltaic system on detached houses (1.5MW), all apartments (2.8MW), schools (0.2MW), solar park lights (0.1 MW) and iconic tower (0.1 MW). The proposed project of total generating capacity is 4.7MW. The annual generation electricity will be 5,715.7 MWh from Photovoltaic system. And approximately 3,568 tco 2 /year will be greenhouse reductions. Reduction of local air pollution The used solar energy technologies that substitute the combustion of fossil fuel are producing Zero emissions and therefore contribute directly to the improvement of the local air quality. Being consistent with Korea National policies Korea government made a plan Basic plan of new and renewable energy technologies development, utilization and replenishment Ⅱ which has 5% of primary energy supply with new and renewable energy until This proposed project can consistent with the national police % of total consumption energy includes energy generated by new and renewable energy systems include photovoltaic system, solar water heating system, geothermal heating and cooling system and fuel cell generator. 3

4 A.3. Project participants: >> <Table A-1> The project participant of Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city (Photovoltaic system) Name of Party involved Private entity Kindly indicate if the Party involved wishes to be considered as project participant Republic of Korea (host) Government Enterprise : Korea Land Corporation No A.4. Technical description of the small-scale project activity: A.4.1. Location of the small-scale project activity: A Host Party(ies): Republic of Korea A Region/State/Province etc.: Gyeonggi-Do A City/Town/Community etc: Pyeongtaek-city/ Bijeon-dong, Jukbaek-dong, Dongsak-dong/ Sosabul district A Details of physical location, including information allowing the unique identification of this small-scale project activity : The Korea Land Corporation Pyeongtaek Sosabul-district new and renewable energy model city (PV system) is located at the Bijeon-dong, Jukbaek-dong, Dongsak-dong which is Midwest of Korea peninsula in Pyongtaek-city. 4

5 The propose project site at latitude 36 59'14.54"N longitude 127 6'37.92"E <Figure A-1> Location of the proposed project 5

6 <Figure A-1> Expected project bird s eye view in Pyeongtaek Sosabul-district A.4.2. Type and category(ies) and technology/measure of the small-scale project activity: According to the categories list of CDM projects activities of the appendix B on the simplified modalities and procedures for small-scale CDM activities, the Korea Land Corporation Pyeongtaek Sosabuldistrict new and renewable energy model city (Photovoltaic system) relates to the category I.D: This project falls into those categories as it uses renewable energy by introduction of Photovoltaic system. The project displaces the uses of fossil fuels. Around new town developing plan, KLC developed the urban planning which new constructing buildings will introduce renewable facilities in order to generate electricity by solar power at sosabul district. TYPE I : Renewable energy project Category I.D: Grid connected renewable electricity generation ; Installation of photovoltaic system Photovoltaic system o Installation plan of Apartments : 0.2 kwp per a family for all family o Installation plan of Detached houses : 2 kwp per a house for all family o Installation plan of Solar park lights : total 8 km solar park in park o Installation plan of Iconic tower : supply total 4% electricity (Installation solar module of tower south side) Photovoltaic system is a technology in which light is converted into electrical power. It is best known as a method for generating solar power by using solar cells packaged in photovoltaic modules, often electrically connected in multiples as solar photovoltaic arrays to convert energy from the sun into electricity. 6

7 Types of Photovoltaic system Off- grid domestic: For residential house at islands or country Off- grid non-domestic: For supply electricity for small scale On- grid distributed: For On-grid residential house and office On-grid centralized: For displaced existing power station or supplying On-grid electricity The participants will select some Photovoltaic installation firms which the firms will establish On-grid distributed Photovoltaic system among the types of Photovoltaic system On-grid distributed Photovoltaic system feature Unnecessary storage battery - Surplus electricity will return to grid or shortage electricity will be supply from grid. Main set up: 1. Solar cell array: Generating Direct current (D.C) electricity Solar cell by Radiation 2. Inverter: Converting Generated Direct Current (D.C.) to Alternating current(a.c.), 3. Meter: Monitoring system 4. Power controller <Figure A- 2> On-grid distributed Photovoltaic system distribution diagram A.4.3 Estimated amount of emission reductions over the chosen crediting period: This project of emission reductions will be estimated 24,976 tco 2 e for the project activities during the crediting period. 7

8 <Table A-2> Estimated CO 2 emission reductions Years Annual estimation of emission reductions (tonnes of CO 2 e) Year 1 3,568 Year 2 3,568 Year 3 3,568 Year 4 3,568 Year 5 3,568 Year 6 3,568 Year 7 3,568 Total estimated reductions (tonnes of CO2e) 24,976 Total number of crediting years Annual average over the crediting period of estimated reductions (tonnes of CO2 e) 7 years 3,568 A.4.4. Public funding of the small-scale project activity: This project is not funded by official development assistance or other sources as the financial obligations of Parties included in Annex I. A.4.5. Confirmation that the small-scale project activity is not a debundled component of a large scale project activity: According to the Appendix C of the simplified Modalities and Procedures for Small-Scale CDM project, the project proponents confirm that the proposed activity is not a deboundled component of a large project activity. The project is an independent Korea land corporation Pyeongtaek Sosabul-district new and renewable model city plan generating electricity and supplying to the grid supplying to each users. And this proposed project is performed by Korea Land Corporation as renewable energy project at the first time. SECTION B. Application of a baseline and monitoring methodology B.1. Title and reference of the approved baseline and monitoring methodology applied to the small-scale project activity: 8

9 As per simplified modalities and procedures of small scale CDM project activity, the title and reference of the methodology adopted for this project is as follows. Title: Type I Renewable Energy Projects Category: D. Grid connected renewable electricity generation (Version 12, of AMS-I.D) B.2 Justification of the choice of the project category: This project falls into those categories as it uses renewable energy by introduction of Photovoltaic system. The project displaces the uses of fossil fuels. From photovoltaic systems, Generating electricity will supply to a grid. The photovoltaic systems will be equipped on all detached houses (1.5MW), apartments (2.8MW), schools (0.2MW), solar park lights (0.1 MW) and iconic tower (0.1 MW). The proposed project of total generating capacity is 4.7MW. Korea land corporation Pyeongtaek Sosabul-district new and renewable energy model city project encompass photovoltaic system on all detached houses, apartments, schools, solar park lights, and iconic tower. <Table B-1> Total capacity from photovoltaic system No. of households (No.) Installation area (m 2 ) Annual generating electricity (MWh) Photovoltaic system (MW) Apartments 14,175 28,350 3, Detached houses ,860 1, Solar park lights - 1, Schools - 2, Iconic tower Total 14,918 47,455 5, The capacity of the proposed project is 4.7MW that is not exceeding the limits (15MW) of small-scale project activity. B.3. Description of the project boundary: Installation of Photovoltaic system According to AMS I.D. and as referred to in Appendix B for small-scale project activities, the project boundary for this project of photovoltaic system that provides electricity to a grid encompassed the physical, geographical site of the renewable generation source. The spatial extent of the project boundary includes the project site and all power plants connected physically to the electricity system of Korea Electricity Power Corporation (KEPCO) 9

10 B.4. Description of baseline and its development: Installation of Photovoltaic system According to the methodology AMS I.D. Version 12, 13 December 2007, the baseline of the project activity is the kwh produced by the renewable generating unit multiplied by an emission coefficient (measured in kg CO 2 e/kwh) calculated in a transparent and conservative manner as: (a) A combined margin (CM), consisting of the combination of operating margin (OM) and build margin (BM) according to the procedures prescribed in the approved methodology ACM0002. Any of the four procedures to calculate the operating margin can be chosen, but the restriction to use the Simple OM and the Average OM calculations must be considered OR (b) The weighted average emissions (in kg CO2e/kWh) of the current generation mix. The data of the year in which project generation occurs must be used. Between two choices above, (a) has been chosen. A combined margin (CM) has been calculated by referring the methodology ACM0002 and the calculation is as follows: STEP 1. Calculate the Operating Margin emission factor(s) (EF OM,y ) As described in ACM0002(Version06), the OM emission factor is calculated as the generation-weighed emissions per electricity unit of all generating units serving the system, excluding low-operating cost and must-run power plants. Low-operating cost and must run power plants include hydro, nuclear, low cost biomass, geothermal and domestic coal. Operating Margin emission factor (EF OM,y ) shall be calculated basis on one of the four following methods: Option (a) Simple OM Option (b) Simple adjusted OM Option (c) Dispatch Data Analysis OM Option (d) Average OM If low-cost/must-run resources constitute less than 50% of total grid generation in average of the five most recent years, simple OM can be chosen. Referring to the gross electricity generation rate by energy sources of the host country (Republic of Korea), the rate of low cost/must run power generation does not exceed 50% of the total grid. Actually, the most recent 5-year (2002~2006) average data shows that the rate of low cost/must run is 42.47%. (Source: KEPCO) 10

11 <Figure B-3> Gross generation by Energy sources in December 2006 Therefore, for this project case, Option (a) Simple OM is available. According to ACM0002, the Simple OM emission factor can be calculated using either of the two following data vintages for years(s) y: (ex-ante) the full generation-weighted average for the most recent 3 years for which data are available at the time of PDD submission, if or, the year in which project generation occurs, if EFOM,y is updated based on ex-post monitoring. On this PDD, ex-ante data were applied. The Simple OM emission factors is calculated as follows, EF OM Fi, j i, j, y COEFi, j, Simple, y = GEN (6) j j, y F i, j, y is the amount of fuel i (in a mass or volume unit) consumed by relevant power sources j in year(s) y, j refers to the power sources delivering electricity to the grid, not including low-operating cost and mustrun power plants, and including imports to the grid, COEF i, j, y (COEF i = NCV i EFco 2i OXID i ) is the CO 2 emission coefficient of fuel i (tco 2 / mass or volume unit of the fuel), taking into account the carbon 11

12 content of the fuels used by relevant power sources j and the percent oxidation of the fuel in year(s) y, and GEN j, y is the electricity (MWh) delivered to the grid by source j. The CO 2 emission coefficient COEF i is obtained as COEF i = NCV i EF CO2,i OXID i (7) where: NCV i : net calorific value (energy content) per mass or volume unit of a fuel i, OXIDi : oxidation factor of the fuel EF CO2,i : CO 2 emission factor per unit of energy of the fuel i. In the case of this project, the applied values of OXID i and EF CO2,i are based on 1996 Revised IPCC Guidelines, and those of NCV i and EF CO2,i are country-specific. Actually, the calorific values indicated in country-specific data gloss calorific value (GCV), and this was recalculated for this PDD as net calorific value (NCV) using conversion factor suggested in the 1996 Revised IPCC Guidelines. The detailed information used in the calculation is presented at tables in Annex 3.(: <Table 10> is for F i, j, y, <Table 11> is for GCV, <Table 12> is for GEN j, y, and <Table 14> is for conversion factor in the 2006 IPCC Guidelines for National Greenhouse Gas Inventrories). As a result, the OM emission factor (EFOM,y) is (tco 2 /MWh). STEP 2. Calculate the Build Margin emission factor (EF BM,y ) There are two options to choose in order to calculate the BM emission factor presented in ACM0002(version 6). Option 1. Calculate the Build Margin emission factor EF BM,y ex-ante based on the most recent information available on plants already built for sample group m at the time of PDD submission. The sample group m consists of either The five power plants that have been built most recently, or The power plants capacity additions in the electricity system that comprise 20% of the system generation (in MWh) and that have been built most recently. Option 2. For the first crediting period, the Build Margin emission factor EF BM, y must be updated annually ex post for the year in which actual project generation and associated emissions reductions occur. For subsequent crediting periods, EF BM,y should be calculated ex-ante, as described in option 1 above. The sample group m consists of either The five power plants that have been built most recently, or The power plants capacity additions in the electricity system that comprise 20% of the system generation (in MWh) and that have been built most recently. Project participants should use from these two options that sample group that comprises the larger annual generation. 12

13 For this project case, Option 1 is taken to calculate the Build Margin emission factor, EF BM, y ex-ante, and it is estimated as <Table B-1> according with each regulation to compose proper sample group(m) that the electricity quantity of candidate sample groups and it ratio to total generation in Korea. <Table B-1> Sample Plant group(m) for determining Build margin Emission factor Sample group(m) Classification The five power plants that have been built most recently The power plants capacity additions in the electricity system that comprise 20% of the system generation (in MWh) and that have been built most recently. Comments Electricity quantity 22.5 GWh 74,278.8 GWh Proportion (ratio to total generation in Korea) 0.01% 20.35% Total generation is 365,004.9 GWh in Korea (based on KEPCO s data of the year 2007) The annual generation of the five power plants that have been built most recently was 22 GWh (0.01% of total generation of the grid system), and the annual generation of the power plants capacity additions in the electricity system that comprise 20.35% of the system generation and that have been built most recently was 74,278.8 GWh. Therefore, the latter was chosen for this project as a lager figure than the other one. It is presented at <Table 13> in Annex 3 that the sample group of plants used in the Build Margin emission factor (EF BM,y ). The calculation of Build Margin emission factor (EF BM,y ) is as follows; EF BM i, m F i, m, y COEF, y = (8) GEN m m, y i, m Where F i,m,y, COEF i,m and GEN m,y are analogous to the variables described for the simple OM method for plants m. According to the BM calculation formula and variables of above tables, EF BM,y is tco 2 e/mwh STEP 3. Calculation of the baseline emission factor (EF y) Based on the results derived from Step 1, and Step 2, EF y has been calculated using the following formula: EF y = w OM EF OM y + w BM EF BM, y (9) where the weights w OM and w BM, by default, are w OM = 0.75,w BM = 0.25, and EF OM,y and EF BM,y are calculated as described in Steps 1 and 2 above and are expressed in tco 2 /MWh. 13

14 Therefore baseline emission factor (EF y ) for this project is = (tco 2 /MWh.)as follows : EF y = w OM EF OM y + w BM EF BM, y = (tCO 2 /MWh) (tco 2 /MWh) = (tco 2 /MWh) STEP 4. Calculation of the baseline emission Depending on ACM0002 (Version06), baseline emissions should be obtained by the below equation BE y = (EG y EG baseline ) EF y (10) where: BE y is the baseline emissions (in tco 2 ) EG y is the electricity supplied by the project activity to the grid ( in MWh) EG baseline is the baseline electricity supplied to the grid in the case of modified or retrofit facilities (in MWh) EF y is the baseline emissions factor (in tco 2 /MWh) However EG baseline is zero because there are no modified or retrofit facilities in this project. Therefore the baseline emissions (BE y ) can be calculated as follows; BE y = EG y EF y (11) The electricity supplied by the project activity to the grid (EG y ) is expected to be 5,716MWh/yr as described at section A. As a result, the baseline emission (BE y ) is 3,568 (tco 2 /yr) The key information and data used for calculation of baseline emission by this project activity have been taken from following sources. <Table B-3> Key information and data used to determine the Baseline scenario for photovoltaic system. Parameter Value Source Operating Margin Emissions Factor (EF OM ) Build Margin Emissions Factor (EF BM ) Combined Margin Emissions Factor (EF CM ) Generation of the project in year y (EG y ) tco2/mwh Calculated tco2/mwh Calculated tco2/mwh Calculated 5,716 MWh System scale data as excel file 14

15 B.5. Description of how the anthropogenic emissions of GHG by sources are reduced below those that would have occurred in the absence of the registered small-scale CDM project activity: To prove additionality of the project, attachment A to Appendix B of the simplified modalities and procedures for small-scale CDM project activities was referred. According to attachment A to Appendix B of the simplified modalities and procedures for small-scale CDM project activities, project participants shall provide and explanation to show that the project activity would not have occurred anyway due to at least one of barriers such as investment barrier, technological barrier, barrier due to prevailing practice or other barriers. Investment Barrier analysis The purpose of this part is to determine whether the proposed project is economically attractive or not through appropriate analysis method. If the NPV(Net Present Value) of the project is lower than 0, the project is not an economically attractive course of action and fulfils the requirement of additionality. <Table B-4> Basic parameters for calculation of financial indicators Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city project (Photovoltaic system) Total cost of Construction (million won) Operation & Maintenance cost (million won/year) Save cost of electricity (million won) NPV (million won) 37, ,492-8,801 Sensitivity Analysis The objective of sensitivity analysis is to show whether the conclusion regarding the financial attractiveness is robust to reasonable variations in the critical assumptions. <Table B-5> Result of sensitivity analysis ` Unit price of Electricity Increase of charges for residential benefit buildings rate(%) (won/kw) benefit costs (won) NPV(won) ,492,046,400-8,801,932, ,166,648,720-8,673,277, ,841,251,040-8,544,622,610 15

16 2. the result of decrease of investment costs Decrease of investment costs rate(%) investment costs (won) NPV(won) - 38,754,655,247-8,801,932, ,816,922,485-8,309,199, ,879,189,722-7,816,466, the result of decrease of operation costs Decrease of operation costs rate(%) operation costs (won) NPV(won) - 7,972,386,222-8,801,932, ,573,766,911-8,725,911, ,175,147,600-8,649,889,456 As a result of analysis, the result is lower than 0. Therefore, this project is not available for commercial purpose. The purpose of this project is only for CDM which prevent global warming. B.6. Emission reductions: B.6.1. Explanation of methodological choices: Installation of Photovoltaic system Calculation of Baseline Emission Depending on ACM0002 (Version06), baseline emissions should be obtained by the below equation (10) BE y = (EG y EG baseline ) EF y (10) Where, BE y : Baseline emissions (in tco 2 ) EG y : Electricity supplied by the project activity to the grid ( in MWh) : Baseline electricity supplied to the grid in the case of modified or retrofit facilities (in MWh) EG baseline EF y y : Baseline emissions factor (in tco 2 /MWh) : Refers to a given year 16

17 However EG baseline is zero because there are no modified or retrofit facilities in this project. Therefore the baseline emissions (BE y ) can be calculated as follows; BE y = EG y EF y (11) The baseline emission factor (EF y ) calculations will be based on the ACM0002. EF y = w OM EF OM y + w BM EF BM, y (12) Where, EF y w OM w BM EF OM, y EF BM,y y : Baseline emission factor (tco 2 / MWh) : Operation Margin weight, which is 0.75 by default : Build Margin weight, which is 0.25 by default : Operational Margin emission factor (tco 2 / MWh) : Build Margin emission factor (tco 2 / MWh) : Refers to a given year Operational Margin emission factor (EF ) is obtained based on Simple OM method. Build Margin OM y emission factor (EF BM,y ) is estimated as Option 1 ( EF BM, y ex-ante). The OM emission factors is calculated as follows, EF OM Where, F i, j, y COEF i, j, y GEN j, y j y Fi, j i, j, y COEFi, j, Simple, y = GEN (1) j j, y : The amount of fuel i (in GJ) consumed by power source j in year y : The carbon coefficient of fuel I (tco 2 /GJ) : Electricity (MWh) delivered to the grid by source j The set of plants delivering electricity to the grid, not including low-cost or must-run plants and carbon financed plants : Refers to a given year The emission factor (EF BM,y ) of Build margin is calculated using the following equation: EF BM Fi, m i, m, y COEFi, m, y = GEN (3) m m, y Where, F i,m, y : The amount of fuel i (in GJ) consumed by sample power plant m in year y COEF i, m, : The carbon coefficient of fuel i (t CO 2 /GJ); GEN m, y : Electricity (MWh) delivered to the grid by source m. m : The sample power plant that comprise 20% of the system generation and that have been built most recently 17

18 As a result, the baseline emission (BE y ) is 3,568 (tco 2 /yr) <Table B-8>Annual electricity generation and baseline emission of Photovoltaic system Category Operational Margin emission factor (EF OM, y ) Build Margin emission factor (EF BM y ) Baseline emission factor(ef y ) Project electricity generation(eg y ) Baseline emission(be y ) Project emission Annual electricity generation (tco 2 /MWh) (tco 2 /MWh) (tco 2 /MWh) 5,716(MWh/yr) 3,568(tCO 2 /yr) The project activity generates electricity by utilizing solar power and it means that no greenhouse gas is emitted by performing this project activity. Therefore, the project emission is zero. Leakage GHGs emissions due to leakage are not estimated at this point of time from photovoltaic system. Estimation of Emission reduction Project emission reduction can be estimated by following equation (6) ER y = BE y PE y L y (7) Where ER y : The emission reductions by the project activity during a given year y BE y : Baseline emissions PE y : Project emissions L y : Emissions due to leakage Here, both of the project emission and the leakage in this project activity are zero. PE y + L y = 0 Therefore the emission reduction by the project activity are equal to baseline emissions, that is 3,568 (tco 2 /yr). ER y = BE y (PE y + L y ) = 3,568(tCO 2 /yr) (8) 18

19 B.6.2. Data and parameters that are available at validation: (Copy this table for each data and parameter) Data / Parameter: EF y Data unit: tonco 2 /MWh Description: CO2e emissions intensity of the electricity displaced Source of data used: Calculated Value applied: Justification of the choice of data or description of measurement methods and procedures actually applied : Any comment: This value of data was calculated according to ACM0002. Applied value was calculated by referring Statistics of Electric Power in KO- REA.(2004,2005,2006)(KEPCO) and Status of Generation facility(2006)(korea Power Exchange) The same value of data will be applied during the first crediting period without updating. Data / Parameter: Data unit: Description: Source of data used: Value of data: Justification of the choice of data or description of measurement methods and procedures actually applied : Any comment: Data / Parameter: Data unit: Description: Source of data used: Value of data Justification of the choice of data or description of measurement methods and procedures actually applied : Any comment: EF om,y tco 2 /MWh Operating Margin emission factor Calculated tCO 2 /MWh This value of data was calculated according to ACM0002. Applied value was calculated by referring Statistics of Electric Power in KO- REA.(2004,2005,2006)(KEPCO) and Status of Generation facility(2006)(korea Power Exchange) This value of data will be calculated at the time of PDD submission and will not be changed during the first crediting period. EF BM,y tco 2 /MWh Build Margin emission factor Calculated tco 2 /MWh This value of data was calculated according to ACM0002. Applied value was calculated by referring Statistics of Electric Power in KO- REA.(2004,2005,2006)(KEPCO) and Status of Generation facility(2006)(korea Power Exchange) This value of data will be calculated at the time of PDD submission and will not be changed during the first crediting period. 19

20 B.6.3 Ex-ante calculation of emission reductions: Installation of Photovoltaic system Baseline emission The capacity of the project is 4.7 MW. Therefore, expected electricity produced by the project is 5,716MWh per year. Emission factor (EF y ) is (tCO 2 /MWh) and for detail calculation method, refer to Annex 3. Baseline emission = electricity produced by the project emission factor (EF y ) = 5,716 MWh/yr tco 2 /MWh = 3,568 tonco 2 /yr Project emission Project emission is zero Leakage Emission due to leakage is zero Ex-ante emission reduction Emission reduction = Baseline emission - Project emission - Leakage = 3,568 tonco 2 /yr B.6.4 Summary of the ex-ante estimation of emission reductions: Years Estimation of project activity emissions (tco 2 e) Estimation of baseline emissions (tco 2 e) Estimation of leakage (tco 2 e) Estimation of overall emission reductions (tco2 e) Year1: , ,568 Year2: , ,568 Year3: , ,568 Year4: , ,568 Year5: , ,568 Year6: , ,568 20

21 Year7: , ,568 Total (tonnes of CO 2 e) 0 24, ,976 B.7 Application of a monitoring methodology and description of the monitoring plan: B.7.1 Data and parameters monitored: (Copy this table for each data and parameter) Parameter: Unit: Description: Source of data: Value of data Brief description of measurement methods and procedures to be applied: QA/QC procedures to be applied: Any comment: EGy MWh Electricity supplied to the grid by the project Measured (Depend on the meter) Measured continuously and recorded monthly The uncertainty level of this data is low. The measurement/ monitoring equipment should adopt the colligated automation system complying with National standard and technology. These equipment and systems should be calibrated and checked every year. B.7.2 Description of the monitoring plan: The monitoring plan for this project has been developing to ensure that from the start, the project is well organized in terms of the collection and archiving of complete and reliable data. All renewable devices will be equipped with monitoring system by National new and renewable facilities installation standards. And all data have to be transmitted to KLC headquarter (Facility business Div.) and public relationship office (iconic tower) will be kept at least for 2 years after the end of the last crediting period as electronic and on paper. <Table B-3> Connections and requirements of installation Connections Framework Notes Measuring facilities main Measuring facilities (built in transmission function) server Local server (includes PC) Outdoor type transmission facilities Local server main server Measuring facilities main server main server Obtains Extra network port for being able to transmit main server -Obtains Extra network port for being able to transmit main server 21

22 -Select measuring facility with compatibility of main server * measuring includes inverter, calorimeter, datacollecter, DDC & PLC etc. Public relations office (Iconic tower) KLC headquarter (Facility Business Div.) All data Operating time (min) Generating electricity(kwh) Each monitoring System (Photovoltaic system) <Figure B-1> Monitoring plan Installation, Measurement and Calibration of the meters The monitoring equipments are equip to measure the electricity output and to the grid. The electric energy metering should be equipped according the requirements of the National new and renewable facilities installation standards. Before the operation of the proposed project, the project participant and installation firms should examine the electric energy metering according to the National new and renewable facilities installation standards. Several meters are installed by Korea Electric Power Cooperation (KEPCO). Through these meters, the electricity generation by each PV system, the electricity can be all monitored. The net feed-in electricity to the gird can be checked with the pass meter. And the data should be cross-checked against relevant electricity sales receipts and/or records from the grid for quality control. Since the data required to be monitored is consist with the data required during project operation by the 22

23 project participant and the grid company, Net merering Agreement 2 between these each PV system owner and KEPCO can be used as guidance on data collection and documentation. Training, Data Collection and Monitoring Report Before the formal operation of the proposed project, the personal in charge of CDM will organize the relevant personals to participate the CDM training.the period of the training will at least last 3 working days. At the end of each month, the monitoring data of that month should be archived electronically. Documents should have disc backups be printed out. The project owner should also keep the copy of electricity sales/purchase receipts. Written documents such as paper-based maps, diagrams and environmental assessments will be used in addition to the monitoring plan to check the information. In order to facilitate auditors reference of relevant literature relating to verification of the emission reductions of the proposed project, the index of the project materials and monitoring results should be provided. All paper-based information and data shall be stored by the Facility business division of the project owner and all the materials shall have copies for backup. And all data will be kept until 2 years after the end of the total credit period of the proposed project. The project participants is preparing the monitoring procedures and calibration and measurement manual which will be implemented during the operation of the proposed project. After the proposed project is registered and begins its operation, the monitoring report should be submitted for the verification of DOE. The report should cover the monitoring of grid-connected power generation, check report, report on calculation of the emission reductions and records of monitoring instrument repair and calibration, etc. B.8 Date of completion of the application of the baseline and monitoring methodology and the name of the responsible person(s)/entity(ies) Date of completion of the application of the methodology : 03.August. 07 Responsible monitoring department: : KLC (Facility business Div.) Baseline emission factor calculating person: : Dr. Jung, Jae-Soo / Ecoeye Co.,Ltd. 2 Net merering: Power plant owners using new and renewable source occur Surplus electricity, surplus electricity by Photovoltaic system supply to grid. And price of the amounts will be minus next electricity fee. 23

24 SECTION C. Duration of the project activity / crediting period C.1 Duration of the project activity: C.1.1. Starting date of the project activity: 01/01/2010 C.1.2. Expected operational lifetime of the project activity: 25 Years C.2 Choice of the crediting period and related information: C.2.1. Renewable crediting period C Starting date of the first crediting period: 01/01/2015 C Length of the first crediting period: 7 years C.2.2. Fixed crediting period: C Starting date: Not applicable C Length: Not applicable SECTION D. Environmental impacts >> D.1. If required by the host Party, documentation on the analysis of the environmental impacts of the project activity: This project related to land developments. When all detached houses, apartments, schools, and iconic tower is constructing the facilities will being equipped in Pyeongtaek sosabul-district. 24

25 Under Korean Regulation; The Act on Assessment of Impacts of Works on Environment, Traffic, Disasters, etc is described that Environmental Impact Assessment (EIA) is to be implemented urban development over 30 million m 2. Due to over the area limit, EIA was performed for urban development include introduction of new and renewable energy facilities in this district before this project s implementation. For the introduction of new and renewable energy utilization, the Assessment of Environmental Impacts was comparatively positive. Distinguishable and noticeable effects didn t have on the EIA report by new and energy utilization. Hazardous emissions will be reduced from new and renewable energy utilization. The EIA results of new and renewable energy utilization are under following. <Table D-1> the comparative table of environmental effects and assessment items Land Air quality Jamming applications New & renewable energy utilization EIA report, June 2007 Population Residing Industry <Table D-2> Standard of level creation and marks Level Marks Effectiveness or contents related +3 Positive effects +2 Relatively positive effects +1 Indistinguishable effects -1 Weakly negative effects -2 Negative less effects -3 Negative effects D.2. If environmental impacts are considered significant by the project participants or the host Party, please provide conclusions and all references to support documentation of an environmental impact assessment undertaken in accordance with the procedures as required by the host Party: Comments received by local government. 1. Making a plan for fishes preservation Make-up plan: Preparing protect plan for Entering sand to reservoir and increasing water temperature 2. Installation Underground sewage disposal plant for fewer odours and ground park 25

26 Make-up plan: original plan considered sewage disposal plant for fewer odours 3. Making a plan for non-point sources pollution control facility Make-up plan: Preparing plan for installation of non-point sources pollution control facility and sustainable maintenances SECTION E. Stakeholders comments >> E.1. Brief description how comments by local stakeholders have been invited and compiled: The participant (KLC) had been invited residents for this draft EIA(Environmental Impact Assesment) report project presentation in 9, June 2007 and informed the project presentation to national, local newspaper and internet website. The presentation was held with 30 residents at Biseon 1 Dong office. E.2. Summary of the comments received: Local residents didn t have any comments. So the participants (KLC) didn t receive any comments from local residents who attended the presentation. The latest news informed that this project will introduce new & renewable energy for 5% of total consumption energy in Pyeongtaek sosabul-district. In April 2006 Seoul economy, the article informed developing Korea solar city. Korea solar city will be developing to supply about 5% of total energy though solar, solar heat and geothermal energy. MOCIE, KLC agree on the establishment of new and renewable model systems. 26

27 <Figure E-1> News reported latest information for this project 27

28 <Figure E-2> Comment results of local residents by EIA report 28

29 <Figure E-3> lists of attended local residents E.3. Report on how due account was taken of any comments received: Local residents didn t have any comments. So the participants (KLC) didn t receive any comments from local residents who attended the presentation. 29

30 Annex 1 CONTACT INFORMATION ON PARTICIPANTS IN THE PROJECT ACTIVITY Organization: Korea Land Corporation Street/P.O.Box: 217, Jungja-Dong, Bundang-Gu Building: City: Sungnam-si State/Region: Kyungki-Do Postfix/ZIP: Country: Republic of korea Telephone: FAX: URL: Represented by: Title: CEO Salutation: Mr. Last Name: Lee Middle Name: First Name: Jong-Sang Department: Mobile: Direct FAX: Direct tel: Personal ikilee@iklc.co.kr 30

31 Annex 2 INFORMATION REGARDING PUBLIC FUNDING This project is not funded by official development assistance or other sources as the financial obligations of Parties included in Annex I. 31

32 Annex 3 BASELINE INFORMATION <Table 10> Data on fuel consumption for plants in the Operating Margin Year Plant name Coal (t) Heavy oil(kl) Diesel oil(kl) LNG(t) 2004 Honam #1 885, #2 783,300 1, #1 1,624,500-1,674 - #2 1,564, Samchonpo #3 1,467, #4 1,538, #5 1,707, #6 1,734, Yonghung #1 1,114,254-27,916 - #2 459,217-18,314 - #1 1,599, #2 1,555, Boryeong #3 1,427, #4 1,560, #5 1,397, #6 1,559, #1 1,438, #2 1,509, Taean #3 1,415, #4 1,539, #5 1,547, #6 1,531, #1 1,389, #2 1,515, Hadong #3 1,501, #4 1,397, #5 1,501, #6 1,379, #1 1,502, Dangjin #2 1,523, #3 1,404, #4 1,434, #1-73, #2-65, Ulsan #3-71, #4-420,739 1,238 - #5-513, #6-527,083 1,603 - Youngnam #1-347, #2-248, Yosu #1-181, #2-316, #1-204, ,095 Pyongtaek #2-209, ,515 #3-179, ,791 #4-192, ,217 Namjeju #1-16, #2-16, Jeju #1-15, #2-118, #3-124, Seoul # ,409 # ,908 Incheon # ,523 32

33 # ,094 # ,235 Pyongtaek C/C ,846 Ilsan C/C ,548 Bundang C/C ,880 Ulsan C/C ,076 Seoincheon C/C ,209,806 <Table 10> Data on fuel consumption for plants in the Operating Margin (continued) Year Plant name Coal (t) Heavy oil(kl) Diesel oil(kl) LNG(t) Shinincheon C/C ,587,638 Boryeong C/C ,548 Busan C/C - - 2,687 1,298,418 Hallim C/C ,796 - Anyang C/C ,559 Bucheon C/C ,596 K I E Co. C/C ,583 L G Bugog C/C ,653 Yulchon C/C ,388 Namjeju D/P - 57, Honam #1 870, #2 912, #1 1,534,223-1,220 - #2 1,731, Samchonpo #3 1,723, #4 1,632,334-1,029 - #5 1,516,654-1,415 - #6 1,546,663-1,001 - Yonghung #1 2,081,972-4,541 - #2 1,761,395-2,903 - #1 1,440, #2 1,388, Boryeong #3 1,589, #4 1,421, #5 1,587, #6 1,260, #1 1,508, #2 1,323, Taean #3 1,494, #4 1,383, #5 1,411, #5 1,504, #1 1,513, #2 1,410, Hadong #3 1,422, #4 1,511, #5 1,345, #6 1,520, #1 1,438, #2 1,437, Dangjin #3 1,549, #4 1,544, #5 499,714-5,701 - #6 38,671-1,779 - #1-70, #2-67, Ulsan #3-53, #4-375,417 1,971 - #5-363,992 1,676 - #6-352,776 1,708 - Youngnam #1-359,

34 Yosu Pyongtaek Namjeju Jeju Seoul #2-190, #1-106, #2-218, #1-293, ,553 #2-321, ,641 #3-308, ,784 #4-311, ,047 #1-14, #2-15, #1-12, #2-129, #3-122, # ,143 # ,761 <Table 10> Data on fuel consumption for plants in the Operating Margin (continued) Year Plant name Coal (t) Heavy oil(kl) Diesel oil(kl) LNG(t) Incheon # ,505 Pyongtaek C/C ,953 Ilsan C/C ,188 Bundang C/C ,944 Ulsan C/C ,131 Seoincheon C/C ,645 Shinincheon C/C ,458,763 Boryeong C/C ,161,510 Incheon C/C ,813 Busan C/C ,211,144 Hallim C/C ,686 - Anyang C/C ,202 Bucheon C/C ,705 POSCO POWER C/C ,253 G S Bugog C/C ,976 Yulchon C/C ,534 Namjeju D/P - 56, Jeju D/P - 31, Honam #1 781,139 1, #2 859,736 1, #1 1,696, #2 1,508,082-1,362 - Samchonpo #3 1,519, #4 1,521,263-1,818 - #5 1,665, #6 1,770, Yonghung #1 2,004,193-2,548 - #2 2,129,118-2,545 - #1 1,638, #2 1,389,425-1,137 - Boryeong #3 1,323, #4 1,610, #5 1,296, #6 1,553, #1 1,354, #2 1,532, #3 1,338, Taean #4 1,548, #5 1,542, #6 1,294,577-1,113 - #7 61,910 4,799 Hadong #1 1,373,

35 #2 1,543, #3 1,549, #4 1,376, #5 1,554, #6 1,371, #1 1,380, #2 1,570, #3 1,402, Dangjin #4 1,386,317-1,549 - #5 1,456, #6 1,216,582-3,051 - #7 1, #1-72, #2-80, Ulsan #3-96, #4-360,919 3,729 - #5-375,985 3,678 - #6-378,331 3,694 - Youngnam #1-107,090 1,016 - #2-95,127 1,494 - Yosu #1-99, #2-215, #1-261, ,997 Pyongtaek #2-277, ,687 #3-303, ,891 #4-245, ,473 #1-11, Namjeju #2-9, #3-46,504 2,509 - #1-8, Jeju #2-113, #3-117, Seoul # ,383 # ,891 # ,945 Incheon # ,223 # ,426 # ,454 Pyongtaek C/C ,054 Ilsan C/C - - 1, ,504 Bundang C/C ,381 Ulsan C/C ,196 Seoincheon C/C - - 1,066 1,199,196 Shinincheon C/C - - 1,641,038 Boryeong C/C ,683 Incheon C/C ,606 Busan C/C - - 1,396,417 Hallim C/C ,475 Anyang C/C ,969 Bucheon C/C ,713 POSCO POWER C/C ,018 G S Bugog C/C ,811 Yulchon C/C ,132 Namjeju D/P - 51, Jeju G/T - - 8,264 - Jeju D/P - 52,907 - Source : Statistics of Electric Power in KOREA (2005,2006, 2007) (KEPCO) 35

36 <Table 11> Gloss Caloric Value Year Plant name Coal (kcal/kg) Heavy oil(kcal/l) Diesel oil(kcal/l) LNG(kcal/kg) 2004 Honam #1 5,493 9,814 8,848 - #2 5,430 9,817 8,850 - #1 5,527-9,012 - #2 6,275-9,010 - Samchonpo #3 6,530-9,006 - #4 6,507-9,004 - #5 4,829-9,000 - #6 4,773-9,000 - Yonghung #1 5,892-8,927 - #2 5,852-8,720 - #1 5,924-8,770 - #2 5,922-8,910 - Boryeong #3 5,943-8,749 - #4 5,945-8,749 - #5 5,931-8,749 - #6 5,937-8,749 - #1 5,980-8,765 - #2 5,977-8,699 - Taean #3 5,975-9,004 - #4 5,967-8,721 - #5 5,996-8,912 - #6 5,996-8,804 - #1 6,032-9,002 - #2 6,025-8,975 - Hadong #3 6,046-8,983 - #4 6,097-8,993 - #5 5,982-8,983 - #6 5,935-8,983 - #1 6,011-8,880 - Dangjin #2 6,000-8,889 - #3 5,976-8,897 - #4 5,966-8,898 - #1-9,893 9,010 - #2-9,901 9,010 - Ulsan #3-9,896 9,010 - #4-9,972 9,120 - #5-9,963 9,120 - #6-9,959 9,120 - Youngnam #1-7,432 8,865 - #2-7,679 8,876 - Yosu #1-10,011 8,924 - #2-10,009 8,956 - #1-9,877 8,917 12,920 Pyongtaek #2-9,879 8,941 12,907 #3-9,902 8,907 12,910 #4-9,903 8,915 12,956 Namjeju #1-9,900 9,333 - #2-9,901 8,846 - #1-9,897 8,961 - Jeju #2-9,912 8,936 - #3-9,919 8,928 - Seoul # ,070 13,011 # ,070 13,014 # ,038 Incheon # ,039 # ,951 13,038 Pyongtaek C/C - - 8,758 13,033 36

37 Ilsan C/C ,017 Bundang C/C ,026 Ulsan C/C ,920 Seoincheon C/C - - 9,211 13,010 Shinincheon C/C ,017 Boryeong C/C ,025 <Table 11> Gloss Caloric Value (continued) Year Plant name Coal (kcal/kg) Heavy oil(kcal/l) Diesel oil(kcal/l) LNG(kcal/kg) Busan C/C ,004 Hallim C/C - - 8,972 - Anyang C/C ,025 Bucheon C/C ,013 K I E Co. C/C ,023 L G Bugog C/C ,028 Yulchon C/C ,731 13,014 Namjeju D/P - 9,901 8,867 - Honam #1 5,392 9,835 8,809 - #2 5,376 9,854 8,804 - #1 5,913-8,841 - #2 5,924-8,883 - Samchonpo #3 5,897-9,000 - #4 5,898-8,943 - #5 5,347-8,614 - #6 5,376-9,000 - Yonghung #1 6,131-8,935 - #2 6,053-8,947 - #1 5,830-8,943 - #2 5,816-8,943 - Boryeong #3 5,882-8,740 - #4 5,890-8,748 - #5 5,882-8,749 - #6 5,901-8,749 - #1 6,000-8,692 - #2 6,009-8,684 - Taean #3 6,007-8,676 - #4 5,999-8,705 - #5 6,032-8,676 - #5 6,017-8,691 - #1 6,003-8,940 - #2 5,997-8,928 - Hadong #3 5,998-8,982 - #4 5,999-8,938 - #5 5,995-8,975 - #6 5,995-8,928 - #1 5,962-8,834 - #2 5,962-8,915 - Dangjin #3 5,935-8,844 - #4 5,941-8,828 - #5 6,115-8,904 - #6 6,221-11,095 - #1-9,900 9,116 - #2-9,903 9,113 - Ulsan #3-9,908 9,119 - #4-10,001 9,122 - #5-9,993 9,122 - #6-9,979 9,118 - Youngnam #1-7,482 8,942 - #2-7,729 8,943 - Yosu #1-9,960 8,887-37

38 Pyongtaek Namjeju Jeju Seoul #2-9,944 8,886 - #1-9,903 8,943 12,898 #2-9,905 8,961 12,872 #3-9,907 8,949 12,942 #4-9,909 8,949 12,893 #1-9,878 9,318 - #2-9,879 9,307 - #1-9,932 8,885 - #2-9, #3-9,925 8,938 - # ,002 # ,070 13,008 Incheon # ,025 Pyongtaek C/C - - 8,950 13,030 Ilsan C/C ,011 <Table 11> Gloss Caloric Value (continued) Year Plant name Coal (kcal/kg) Heavy oil(kcal/l) Diesel oil(kcal/l) LNG(kcal/kg) Bundang C/C ,025 Ulsan C/C ,750 Seoincheon C/C - - 9,200 13,009 Shinincheon C/C ,013 Boryeong C/C ,030 Incheon C/C ,012 Busan C/C ,000 Hallim C/C - - 8,973 - Anyang C/C ,025 Bucheon C/C ,003 POSCO POWER C/C ,024 G S Bugog C/C ,756 Yulchon C/C ,930 13,023 Namjeju D/P - 9,877 8,975 - Jeju D/P - 9,932 8,954 - Honam #1 5,436 9,809 8,917 - #2 5,407 9,823 8,870 - #1 5,937-8,814 - #2 5,942-8,814 - Samchonpo #3 5,858-8,814 - #4 5,861-8,803 - #5 5,236-9,000 - #6 5,255-9,000 - Yonghung #1 6,072-8,891 - #2 6,086-8,899 - #1 5,768-8,855 - #2 5,766-8,943 - Boryeong #3 5,845-8,943 - #4 5,824-8,943 - #5 5,845-8,749 - #6 5,834-8,749 - #1 5,982-8,749 - #2 5,978-8,371 - #3 5,983-8,649 - Taean #4 5,979-8,665 - #5 5,934-8,665 - #6 5,960-8,665 - #7 5,965 8,558 #1 5,969-8,838 - #2 5,959-8,928 - Hadong #3 5,958-8,928 - #4 5,969-8,825 - #5 5,963-8,911-38

39 Dangjin Ulsan Youngnam Yosu Pyongtaek #6 5,967-8,901 - #1 5,882-8,975 - #2 5,906-8,978 - #3 5,886-9,007 - #4 5,875-9,015 - #5 6,046-8,955 - #6 6,120-8,895 - #7 5,818-8,984 #1-9,915 9,120 - #2-9,923 9,120 - #3-9,919 9,120 - #4-10,030 9,120 - #5-10,033 9,120 - #6-10,035 9,120 - #1-10,138 8,845 - #2-10,110 8,862 - #1-9,963 8,798 - #2-9,954 8,796 - #1-9,707 8,943 12,941 #2-9,719 8,943 12,941 #3-9,747 8,949 12,859 #4-9,693 8,949 12,963 39

40 <Table 11> Gloss Caloric Value (continued) Year Plant name Coal (t) Heavy oil(kl) Diesel oil(kl) LNG(t) Namjeju Jeju Seoul Incheon #1-9,908 8,974 - #2-9,908 8,952 - #3-9,898 8,938 - #1-9,870 8,873 - #2-9,952 8,973 - #3-9,953 8,973 - # ,070 13,018 # ,070 12,882 # ,036 # ,028 # ,982 13,018 # ,981 13,024 Pyongtaek C/C - - 8,950 13,030 Ilsan C/C - - 8,989 13,017 Bundang C/C ,025 Ulsan C/C ,646 Seoincheon C/C - - 9,200 13,025 Shinincheon C/C ,025 Boryeong C/C ,034 Incheon C/C ,998 Busan C/C ,017 Hallim C/C - - 8,954 - Anyang C/C ,028 Bucheon C/C ,927 13,013 POSCO POWER C/C ,031 G S Bugog C/C ,030 Yulchon C/C ,376 Namjeju D/P - 10,246 8,907 0 Jeju G/T - 0 8,792 72,650 Jeju D/P - 9, Source : Statistics of Electric Power in KOREA (2005, 2006, 2007 ) (KEPCO) 40

41 <Table 12> Electricity delivered to the grid by power plants(gen) and COEF Year Plant name Electricity generation (MWh) COEF (tonco 2 /MWh) 2004 Honam Samchonpo Yonghung Boryeong Taean Hadong Dangjin Ulsan Youngnam Yosu Pyongtaek Namjeju Jeju #1 1,855, #2 1,625, #1 3,974, #2 3,839, #3 3,652, #4 3,811, #5 4,147, #6 4,185, #1 2,986, #2 1,172, #1 4,014, #2 3,915, #3 3,746, #4 4,097, #5 3,660, #6 4,093, #1 3,780, #2 3,975, #3 3,732, #4 4,048, #5 4,091, #6 4,056, #1 3,688, #2 4,028, #3 3,997, #4 3,724, #5 4,013, #6 3,685, #1 3,986, #2 4,038, #3 3,711, #4 3,801, #1 271, #2 244, #3 268, #4 1,759, #5 2,141, #6 2,196, #1 973, #2 665, #1 723, #2 1,304, #1 850, #2 880, #3 751, #4 800, #1 50, #2 48, #1 44, #2 486,

42 #3 509, Seoul #4 90, #5 480, #1 47, Incheon #2 49, #3 19, Pyongtaek C/C 596, Ilsan C/C 3,281, Bundang C/C 3,650, Ulsan C/C 2,329, Seoincheon C/C 8,353, Shinincheon C/C 11,596, Boryeong C/C 6,979, <Table 12> Electricity delivered to the grid by power plant(gen) and COEF (continued) Year Plant name Electricity generation (MWh) COEF (tonco 2 /MWh) Busan C/C 9,884, Hallim C/C 96, Anyang C/C 1,506, Bucheon C/C 1,425, K I E Co. C/C 2,809, L G Bugog C/C 1,894, Yulchon C/C 36, Namjeju D/P 274, Honam #1 1,787, #2 1,875, #1 3,810, #2 4,323, Samchonpo #3 4,343, #4 4,112, #5 3,542, #6 3,643, Yonghung #1 5,623, #2 4,658, #1 3,547, #2 3,433, Boryeong #3 4,124, #4 3,698, #5 4,121, #6 3,283, #1 3,992, #2 3,484, Taean #3 3,957, #4 3,653, #5 3,744, #5 3,999, #1 3,997, #2 3,732, Hadong #3 3,769, #4 3,989, #5 3,553, #6 4,037, #1 3,797, #2 3,798, Dangjin #3 4,081, #4 4,079, #5 1,318,

43 Ulsan Youngnam Yosu Pyongtaek Namjeju Jeju Seoul #6 96, #1 262, #2 255, #3 200, #4 1,549, #5 1,500, #6 1,454, #1 1,022, #2 531, #1 430, #2 904, #1 1,258, #2 1,376, #3 1,321, #4 1,338, #1 44, #2 44, #1 36, #2 532, #3 502, #4 207, #5 444, <Table 12> Electricity delivered to the grid by power plant(gen) and COEF (continued) Year Plant name Electricity generation (MWh) COEF (tonco 2 /MWh) Incheon #2 37, Pyongtaek C/C 659, Ilsan C/C 2,873, Bundang C/C 3,742, Ulsan C/C 3,131, Seoincheon C/C 7,001, Shinincheon C/C 10,543, Boryeong C/C 8,221, Incheon C/C 2,055, Busan C/C 9,076, Hallim C/C 100, Anyang C/C 1,433, Bucheon C/C 1,404, POSCO POWER C/C 2,571, G S Bugog C/C 2,189, Yulchon C/C 1,300, Namjeju D/P 268, Jeju D/P 151, Honam #1 1,622,639 #2 1,782, #1 4,161, #2 3,703, Samchonpo #3 3,779, #4 3,816, #5 3,761, #6 4,065, #1 5,337, Yonghung #2 5,727, #1 3,988, #2 3,423, Boryeong #3 3,409, #4 4,133, #5 3,364, #6 3,987,

44 Taean Hadong Dangjin Ulsan Youngnam Yosu #1 3,556, #2 4,035, #3 3,528, #4 4,069, #5 4,013, #6 3,381, #7 159, #1 3,607, #2 4,068, #3 4,079, #4 3,631, #5 4,092, #6 3,610, #1 3,598, #2 4,115, #3 3,666, #4 3,610, #5 3,946, #6 3,392, #7 1, #1 275, #2 306, #3 376, #4 1,511, #5 1,583, #6 1,589, #1 359, #2 323, #1 403, #2 906,

45 <Table 12> Electricity delivered to the grid by power plant(gen) and COEF (continued) Year Plant name Electricity generation (MWh) COEF (tonco 2 /MWh) #1 1,123, Pyongtaek #2 1,198, #3 1,304, #4 1,052, #1 34, Namjeju #2 28, #3 179, Jeju #1 24, #2 462, #3 479, Seoul #4 306, #5 685, #1 32, Incheon #2 24, #3 78, #4 62, Pyongtaek C/C 497, Ilsan C/C 3,038, Bundang C/C ,059, Ulsan C/C 3,608, Seoincheon C/C 8,726, Shinincheon C/C 11,797, Boryeong C/C 7,089, Incheon C/C 3,648, Busan C/C 10,455, Hallim C/C 175, Anyang C/C 1,286, Bucheon C/C 1,241, POSCO POWER C/C 2,338, G S Bugog C/C 2,911, Yulchon C/C 2,276, Namjeju D/P 239, Jeju G/T 15, Jeju D/P 252, Source: Statistics of Electric Power in KOREA (2005, 2006, 2007) (KEPCO) 45

46 <Table 13> Sample group plants used in the Build Margin calculation and Carbon Emission Factor of the Build Margin Plant name Technology year operation Fuel and source MWh in 2006 % of total output CEF Result Cheongsong pumping #2 pumping hydro 21, % Bundang fuel cell fuel cell LNG % Solar park solar photovoltaic % Namhae Solar solar photovoltaic % HanlaJeunggong Solar solar photovoltaic % Top infra Solar solar photovoltaic % Enepark solar photovoltaic % Yongheng solar solar photovoltaic % Cheongsong pumping #1 pumping hydro 39, % Namjeju #3 thermal heavy oil 179, % yangyang(pumping) #4 pumping hydro 62, % Hadongho small hydro power hydro 1, % yangyang (pumping) #3 pumping hydro 93, % Goheung Solar solar photovoltaic % Jangseong small hydro power hydro % yangyang (pumping) #2 pumping hydro 97, % Dangjin #6 thermal Bituminous coal 3,392, % Sinchang-wind power wind wind 2, % yangyang (pumping) #1 pumping hydro 129, % Suncheon Solar solar Solar 1, % Samcheonpo solar energy solar Solar % Dangjin #5 steam power Bituminous coal 3,946, % Taean solar energy solar photovoltaic % Jeju DP internal combustion heavy oil 252, % WunjeongLFG internal combustion LFG 17, % Yulchon combined LNG 2,276, % Incheon combined LNG 3,648, % Daegok small hydro power hydro 1, % Donghwa small hydro power hydro 2, % Ulchin #6 nuclear nuclear 7,401, % Hanryu LFG LFG 5, % Busan Bio-gas internal combustion LFG % Maebongsan-wind power wind wind 8, %

47 Plant name Technology year operation Fuel and source MWh in 2006 % of total output CEF Result Daegwanryung-wind power wind wind 3, % Yongheng #2 steam power Bituminous coal 5,727, % new solar energy solar photovoltaic % Yongheng #1 steam power Bituminous coal 5,337, % Ulchin #5 nuclear nuclear 7,879, % Busan C/C combined combustion / LNG 10,455, % Chunsang small hydro power hydro % Cheongju LFG internal combustion LFG 6, % Daejon Geumgodong internal combustion LFG 12, % Hoicheon ENC internal combustion LFG 4, % Gunsan-wind power wind / wind 6, % Muju small hydro power hydro % Yonggwang #6 nuclear nuclear 7,969, % Taean #6 steam power Bituminous coal 3,381, % Yonggwang #5 nuclear nuclear 7,681, % Sanchong small hydro power hydro 1, % Sanchong pumping #2 pumping hydro 204, % Milyang small hydro power hydro 5, % Taean #5 steam power Bituminous coal 4,013, % Total 74,278, % BM Factor Source from: Statistics of Electric Power in KOREA (2007) (KEPCO), Current status of power generating facility (2007, Korea power exchange) 47

48 <Table 14> Default Values of Carbon content Fuel Default carbon content (kg/gj) Fuel Default carbon content (kg/gj) Crude oil 20 Oil shale and Tar sands 29.1 Orimulsion 22 Brown Coal Briquettes 26.6 Natural gas liquids 17.2 Patent Fuel 26.6 Motor Gasoline 18.9 Coke Oven Coke and Lignite Coke 29.2 Aviation Gasoline 19.1 Gas Coke 29.2 Jet Gasoline 19.1 Coal Tar 22.0 Jet kerosene 19.5 Gas Works Gas 12.1 Other Kerosene 19.6 Coke Oven Gas 12.1 Shale oil 20 Blast Furnace Gas 70.8 Gas/Diesel oil 20.2 Oxygen Steel Furnace Gas 49.6 Residual fuel oil 21.1 Natural Gas 15.3 LPG 17.2 Municipal Wastes (non-biomass fraction) 25.0 Ethane 16.8 Industrial Wastes 39.0 Naphtha 20.0 Waste Oils 20.0 Bitumen 22.0 Peat 28.9 Lubricants 20.0 Wood/Wood Waste 30.5 Petroleum coke 26.6 Sulphite lyes (black liquor) 26.0 Refinery Feedstocks 20.0 Other Primary Solid Biomass 27.3 Refinery gas 15.7 Charcoal 30.5 Paraffin Waxes 20.0 BioGasoline 19.3 White Spirit & SBP 20.0 Biodiesels 19.3 Other Petroleum Products 20.0 Other Liquid Biofuels 21.7 Anthracite 26.8 Land fill Gas 14.9 Coking coal 25.8 Sludge Gas 14.9 Other bituminous coal 25.8 Other Biogas 14.9 sub-bituminous coal 26.2 Municipal Wastes (biomass fraction) 27.3 Lignite 27.6 Source: IPCC Guidelines for national greenhouse gas inventories,

49 Annex 4 MONITORING INFORMATION

50 CLEAN DEVELOPMENT MECHANISM PROJECT DESIGN DOCUMENT FORM (CDM-SSC-PDD) Version 03 - in effect as of: 22 December 2006 CONTENTS A. General description of the small scale project activity B. Application of a baseline and monitoring methodology C. Duration of the project activity / crediting period D. Environmental impacts E. Stakeholders comments Annexes Annex 1: Contact information on participants in the proposed small scale project activity Annex 2: Information regarding public funding Annex 3: Baseline information Annex 4: Monitoring Information 50

51 Revision history of this document Version Date Description and reason of revision Number January 2003 Initial adoption 02 8 July 2005 The Board agreed to revise the CDM SSC PDD to reflect guidance and clarifications provided by the Board since version 01 of this document. As a consequence, the guidelines for completing CDM SSC PDD have been revised accordingly to version 2. The latest version can be found at < December The Board agreed to revise the CDM project design document 2006 for small-scale activities (CDM-SSC-PDD), taking into account CDM-PDD and CDM-NM. 51

52 SECTION A. General description of small-scale project activity A.1 Title of the small-scale project activity: >> Korea Land Corporation Pyeongtaek Sosabul-district new and renewable energy model city (Solar water heating system) Version: 06 Date: 26 November 2008 A.2. Description of the small-scale project activity: >> - The purpose of the project activity The main purpose of the project activity is to supply Pyeongtaek Sosabul-district with thermal energy from solar water heating system in Pyeong-taek city. - Project description The participant, Korea Land Corporation (KLC) will develop Pyeongtaek Sosabul-district to ecofriendly, renewable energy residence district including detached houses, apartments, and schools. This area will be approximately 3,021,281m 2 and move in 12,542 households. KLC is going to be developed that will be supplied up to 5.23% 3 of Total consumption energy by renewable sources in Participant makes the plan that detached houses and schools will be installed solar water heating system on the roof. Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city (solar water heating system) aims to install solar water heating system on detached houses and schools. The proposed project of total generating capacity is 3.47 MWth. The annual generation thermal energy will be TJ/year from solar water heating system. And approximately 943 tco2/year will be greenhouse reductions. Reduction of local air pollution The used solar energy technologies that substitute the combustion of fossil fuel are producing Zero emissions and therefore contribute directly to the improvement of the local air quality. Being consistent with Korea National policies Korea government made a plan Basic plan of new and renewable energy technologies development, utilization and replenishment Ⅱ which includes 5% of primary energy supply with new and renewable energy until This proposed project can consistent with the national police % of total consumption energy includes energy generated by new and renewable energy systems include photovoltaic system, solar water heating system, geothermal heating and cooling system and fuel cell generator. 52

53 A.3. Project participants: >> <Table A-4> The project participant of Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city (Solar water heating system) Name of Party involved Private entity Kindly indicate if the Party involved wishes to be considered as project participant Republic of Korea (host) Government Enterprise : Korea Land Corporation No A.4. Technical description of the small-scale project activity: A.4.1. Location of the small-scale project activity: A Host Party(ies): Republic of Korea A Region/State/Province etc.: Gyeonggi-Do A City/Town/Community etc: Pyeongtaek-city/ Bijeon-dong, Jukbaek-dong, Dongsak-dong/ Sosabul district A Details of physical location, including information allowing the unique identification of this small-scale project activity : The Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city (solar water heating system) is located at the Bijeon-dong, Jukbaek-dong, Dongsak-dong which is Midwest of Korea peninsula in Pyongtaek-city. 53

54 The propose project site at latitude 36 59'14.54"N longitude 127 6'37.92"E <Figure A- 4> Location of the proposed project 54

55 <Figure A-5> Expected project bird s eye view in Pyeongtaek Sosabul-district A.4.2. Type and category(ies) and technology/measure of the small-scale project activity: According to the categories list of CDM projects activities of the appendix B on the simplified modalities and procedures for small-scale CDM activities, the Korea Land Corporation Pyeongtaek Sosabuldistrict new and renewable model city (Solar water heating system) relates to the category I.C: This project falls into those categories as it uses renewable energy by introduction of solar water heating system. The project displaces the uses of fossil fuels. TYPE I: Renewable energy project Category I.C: Thermal Energy for the user (Version 12, of AMS-I.C) ; Installation of solar water heating system Solar water heating system o Installation plan of Detached houses: 6m 2 per a family for all detached houses System Installation scale for detached house was calculated by considered the building-to-land ratio and floor space index with land scale and development-density. o Installation plan of Schools: Up to 50% of water heat System Installation scale for schools was calculated by considered the building-to- land ratio and floor space index with Land scale and development-density. Assuming schools operation time is 12 hours (8 o clock to 20 o clock). 55

56 <Table A-5> Specification of Collector module for solar water heating system Category Glazed flat plate collector Evacuated tubular collector Main material Low iron glass, copper plate Pyrex, copper tube, aluminum alloy Operating temp. Low (40-60 ) Mid- high( ) Stagnation temp Below Max. operating pressure Solar Saving Fraction (SSF) 10-30% 40-80% Efficiency (winter) Low High Operating on/off (rainy day) OFF ON (windy day) Heat insulation function Surface glass Evacuated heat insulation High efficiency function None Troffer Operating degree Operating direction Only South Southeast(SE)-Southwest(SW) Operation and maintenance Inconvenience Easy Life cycle 15years 15-20years Source: Energy usage plan draft report A.4.3 Estimated amount of emission reductions over the chosen crediting period: This project of emission reductions will be estimated 6,601 tco 2 e for the project activities during the crediting period. <Table A-6> Estimated CO 2 emission reductions Years Annual estimation of emission reductions (tonnes of CO 2 e) Year Year Year Year Year Year Year Total estimated reductions (tonnes of CO2e) 6,601 Total number of crediting years 7 years 56

57 Annual average over the crediting period of estimated reductions (tonnes of CO2 e) 943 A.4.4. Public funding of the small-scale project activity: This project is not funded by official development assistance or other sources as the financial obligations of Parties included in Annex I. A.4.5. Confirmation that the small-scale project activity is not a debundled component of a large scale project activity: According to the Appendix C of the simplified Modalities and Procedures for Small-Scale CDM project, the project proponents confirm that the proposed activity is not a deboundled component of a large project activity. The project is an independent Korea land corporation Pyeongtaek Sosabul-district new and renewable model city plan generating thermal energy and supplying to each users. And this proposed project is performed by Korea Land Corporation as renewable energy project at the first time. SECTION B. Application of a baseline and monitoring methodology B.1. Title and reference of the approved baseline and monitoring methodology applied to the small-scale project activity: As per simplified modalities and procedures of small scale CDM project activity, the title and reference of the methodology adopted for this project is as follows. Title: Type I- Renewable Energy Projects Category: C. Thermal Energy for the user (Version 12, of AMS-I.C) B.2 Justification of the choice of the project category: This project falls into those categories as it uses renewable energy by introduction of solar water heating system. The project displaces the uses of fossil fuels. According to the AMS I.C Thermal energy for the user with or without electricity paragraph 1 Examples include solar thermal water heaters and dryers, solar cookers, energy derived from renewable biomass for water heating, space heating, or drying, and other technologies that provide thermal energy that displaces fossil fuel., solar water heating system include this category. From solar water heating system, generating heat water will supply users. The systems will be installed on detached houses and schools. The proposed project of total generating capacity is 3.47 MWth. 57

58 Korea land corporation Pyeongtaek Sosabul-district new and renewable model city project encompass solar water heating system on detached houses (3.12MWth), schools (0.35MWth). <Table B-1> Total capacity from solar water heating system Category The No. of households (No.) Installation area (m 2 ) Solar water heating (MWth) Detached houses 743 4, Schools Total 743 4, The capacity of the proposed project is 3.47 MWth that is not exceeding the limits (15MW) of smallscale project activity. B.3. Description of the project boundary: Installation of Solar water heating system According to AMS I.C and as referred to in Appendix B for small-scale project activities, the project boundary for this project of solar water heating system that provides thermal energy for the area of each detached houses and school in Pyeongtaek Sosalbul-district. B.4. Description of baseline and its development: Installation of Solar water heating system According to the methodology AMS I.C. Version 12, to calculate the baseline emissions is the TJ produced by the renewable generating unit multiplied by an CO2 emission factor per unit of energy of the fuel(t CO 2 e/tj) calculated in a transparent and conservative manner as: Calculation of Baseline emission BE y = HG EFCO η (1) y 2 th Where: BEy is the baseline emissions from steam/heat displaced by the project activity during the year y (in tco2e) HGy is the net quantity of steam/heat supplied by the project activity during the year y in TJ. EFCO2 is the CO2 emission factor per unit of energy of the fuel that would have been used in the baseline plant in (tco2 /TJ), obtained from reliable local or national data if available, otherwise, IPCC default emission factors are used. η th is the efficiency of the plant using fossil fuel that would have been used in the absence of the project activity. HGy = Average solar radiation(kcal/m2 day) * collector area (m2) * Efficiency (%) * conversion factor (TJ/kcal)*365(year/day) (2) 58

59 The net quantity of heat supplied from Solar water heating system with Solar radiation = 2,823 Kcal/m 2 day (in Suwon area). The value borrows from solar radiation statistics by Korea institute of energy research. And total collector area= 6,029m 2 (with detached houses and schools) and Efficiency = 66.1% (Evacuated tubular solar heater efficiency in manufacturer data by Energy usage plan draft report): HG y = 2,823kcal / m day 4,956m 66.1% /10 kcal / TJ 365year / day = 14.13TJ / year <Table B- 2> Generating thermal energy from Solar water heating system Solar radiation Collector area Efficiency Amount of Thermal energy (Kcal/m 2 day) (m 2 ) (%) TJ/year Detached houses 2,823 4, Schools 2, Total 4, Source: Solar radiation 2,823 Kcal/m 2 day in Suwon by Plan of the new and renewable energy supply system for so sa beal town in pyeong-taek According to equation (2), the total net quantity of heat supplied from solar water heating system is TJ/year. EFCO2 is the CO 2 emission factor per unit of energy of the fuel that would have been used in the baseline plant in (tco 2 /TJ), obtained from reliable local or national data if available, otherwise, IPCC default emission factors are used. If the proposed project is absences, all users is supplied all heat from based natural gas co-generation. To estimate the CO 2 emission factor per unit of energy of the default value for carbon emission factor (CEF) for natural gas, disclosed on page 1.6 of IPCC. EFCO2 = Carbon Emission factor by natural gas (t C /TJ) X Conversion factor (t CO2/t C) (5) EFCO2 = 15.3tC / Tj 44 /12( tco2 / tc) = 56.1tCO / TJ 2 η th is the efficiency of the plant using fossil fuel that would have been used in the absence of the project activity. The efficiency of the baseline units was determined in accordance with paragraph 13 of the methodology AMS-I.C (version12). (a) Highest measured efficiency of a unit with similar specification (b) Highest of the efficiency values provided by two or more manufacturers for units with similar specifications 59

60 (c) Maximum efficiency of 100% This project chose (a) Highest measured efficiency of a unit with similar specifications. Total efficiency of proposed natural gas co-generation is 81.3% according to the manufacturer s specifications. But this project selected the highest measured total efficiency of another unit with similar specifications which is 84%. So, Total efficiency of proposed project was determined as 84%. The baseline emissions from heat displaced by the project activity during the year y (in tco2e) BE y = 14.13TJ / year 56.1tCO2/ TJ = 943( tco2/ year) 84.0% As a result, the baseline emission (BE y ) is 943 tco 2 /yr. The key information and data used for calculation of baseline emission by this project activity of solar water heating system have been taken from following sources. <Table B-7> Key information and data used for calculation of baseline emission Parameters Value Source Net quantity of head supplied (HGy) TJ/year Calculated CO2 emission factor 56.1 tco2/tj CEF(LNG) * 44/12 (EFCO2) Efficiency of the plant (η th ) 84.0% Highest measured total efficiency of another unit B.5. Description of how the anthropogenic emissions of GHG by sources are reduced below those that would have occurred in the absence of the registered small-scale CDM project activity: To prove additionality of the project, attachment A to Appendix B of the simplified modalities and procedures for small-scale CDM project activities was referred. According to attachment A to Appendix B of the simplified modalities and procedures for small-scale CDM project activities, project participants shall provide and explanation to show that the project activity would not have occurred anyway due to at least one of barriers such as investment barrier, technological barrier, barrier due to prevailing practice or other barriers. Investment analysis The purpose of this part is to determine whether the proposed project is economically attractive or not through appropriate analysis method. If the NPV(Net Present Value) of the project is lower than 0, the project is not an economically attractive course of action and fulfils the requirement of additionality. 60

61 <Table B-4> Basic parameters for calculation of financial indicators Total cost of Construction (million won) Operation & Maintenance cost (million won/year) Saving costs of LNG consumption (million won) NPV (million won) Korea Land Corporation Pyeongtaek Sosabul-district new and renewable model city project(swh) 3, ,256 Sensitivity Analysis The objective of sensitivity analysis is to show whether the conclusion regarding the financial attractiveness is robust to reasonable variations in the critical assumptions. <Table B-5> Result of sensitivity analysis 1. the result of increase of benefit costs increase of benefit rate(%) Unit price of LNG for co-generation (m3/won) benefit costs (won) NPV(won) ,147,671-1,256,523, ,218,410-1,255,997, ,289,148-1,255,470, the result of decrease of investment costs decrease of investment costs rate(%) investment costs (won) NPV(won) - 3,794,437,500-1,256,523, ,775,465,313-1,251,699, ,756,493,125-1,246,874, the result of decrease of operation costs decrease of operation costs rate(%) operation costs (won) NPV(won) - 1,561,140,000-1,256,523,565 61

62 5 1,553,334,300-1,254,538, ,545,528,600-1,454,607,835 As a result of analysis, the result is lower than 0. Therefore, this project is not available for commercial purpose. The purpose of this project is only for CDM which prevent global warming. B.6. Emission reductions: B.6.1. Explanation of methodological choices: Installation of Solar water heating system Depending on AMS I.C (Version 12), baseline emissions should be obtained by the below equation (1) Calculation of Baseline emission BE y = HG EFCO η (1) y 2 th Where: BEy is the baseline emissions from steam/heat displaced by the project activity during the year y (in tco2e) HGy is the net quantity of steam/heat supplied by the project activity during the year y in TJ. EFCO2 is the CO2 emission factor per unit of energy of the fuel that would have been used in the baseline plant in (tco2 /TJ), obtained from reliable local or national data if available, otherwise, IPCC default emission factors are used. η th is the efficiency of the plant using fossil fuel that would have been used in the absence of the project activity. Category Annual generating thermal energy The total net quantity of heat supplied (HG y ) (TJ/year) The CO2 emission factor per unit of energy of LNG (EFCO 2 ) 56.1 (tco 2 /TJ) The efficiency of the plant using fossil fuel (η th ) 84(%) Baseline emission(be y ) 943 (tco 2 /yr) Project emission The project activity generates thermal energy by utilizing solar radiation it means that no greenhouse gas is emitted by performing this project activity. Therefore, the project emission is zero. Leakage GHGs emissions due to leakage are not estimated at this point of time from solar water heating system. 62

63 Estimation of Emission reduction Project emission reduction can be estimated by following equation (12) ER y = BE y PE y L y (12) Where ER y : The emission reductions by the project activity during a given year y BE y : Baseline emissions PE y : Project emissions L y : Emissions due to leakage Here, both of the project emission and the leakage in this project activity are zero. PE y + L y = 0 Therefore the emission reduction by the project activity are equal to baseline emissions, that is 943 (tco 2 /yr). ER y = BE y (PE y + L y ) (13) = 943 (tco 2 /yr) B.6.2. Data and parameters that are available at validation: (Copy this table for each data and parameter) Data / Parameter: Solar radiation Data unit: Kcal/m 2 day Description: Average solar radiation in Pyeong-taek Source of data used: Value applied: 2,823 Justification of the choice of data or description of measurement methods and procedures actually applied : Any comment: New and Renewable Energy supply system for So sa beal town in Pyeong-taek KLC p.p. 69 This value applies for baseline B.6.3 Ex-ante calculation of emission reductions: Installation of Solar water heating system Baseline emission 63

64 The expected net quantity of heat supplied(hgy) is (TJ/year) and for detail calculation refer to Annex 3. The CO2 emission factor per unit of energy of LNG is 56.1 (tco2 /TJ). And The total efficiency(84%) of the baseline units was determined in accordance with paragraph 13 of the methodology AMS-I.C (version12). BE y = HG y EFCO 2 η th = TJ/year 56.1 tco2/tj / 84% = 943 tonco 2 /yr Project emission Project emission is zero Leakage Emission due to leakage is zero Ex-ante emission reduction Emission reduction = Baseline emission - Project emission - Leakage = 943 tonco 2 /yr B.6.4 Summary of the ex-ante estimation of emission reductions: Years Estimation of project activity emissions (tco 2 e) Estimation of baseline emissions (tco 2 e) Estimation of leakage (tco 2 e) Estimation of overall emission reductions (tco2 e) Year1: Year2: Year3: Year4: Year5: Year6: Year7:

65 Total (tonnes of CO 2 e) 0 6, ,601 B.7 Application of a monitoring methodology and description of the monitoring plan: B.7.1 Data and parameters monitored: Parameter: Unit: Description: Source of data : Value of data Brief description of measurement methods and procedures to be applied: QA/QC procedures to be applied: HGy Kcal Daily generating thermal energy from solar water heating system Measured Measured The all thermal meters will appear the value (kcal) of thermal energy generated. And the value calculated using temperature of Heat exchange and heat storage tank and flux by thermal meter. All thermal meter connected with monitoring devices which transmitted to public relation office(iconic tower). All measured data will be collected by the project operator at the Public relations office (Iconic tower). The uncertainty level of this data is low. The measurement/ monitoring equipment should adopt the colligated automation system complying with National standard and technology. These equipment and systems should be calibrated and checked in accordance with related national standards. Any comment: B.7.2 Description of the monitoring plan: The monitoring will be carried out in accordance with paragraph 17 (a)of the methodology AMS-I.C (version12). (a) Metering the energy produced by a sample of the systems where the simplified baseline is based on the energy produced multiplied by emission coefficient. All solar water heating systems will be equipped with thermal meters by New & renewable energy facilities standards of supports, installations and maintenances. And all the measured data have to be collected by Project operator at public relationship office (iconic tower) the data will be kept for 2 years after the end of the total credit period as electronic and on paper at public relationship office(iconic tower). Installation, Measurement and Calibration of the meters The monitoring equipments are equipped to measure the thermal energy generated to users. The all installed thermal meters should be equipped according the requirements of the New & renewable energy facilities installation standards. Before the operation of the proposed project, the project participant and installation firms should examine the thermal energy metering according to the New & renewable energy 65

66 facilities installation standards. Each solar water heating system thermal meters are installed by selected installation firms. Through these meters, the thermal energy generated by each solar water heating system, the thermal energy can be all monitored. Since the data required to be monitored is consist with the data required during project operation by the project participant, the solar heating water system owner and project participant can be used as guidance on data collection and documentation. Training, Data Collection and Monitoring Report Before the formal operation of the proposed project, the personal in charge of CDM will organize the relevant personals to participate the CDM training. The period of the training will at least last 3 working days. At the end of each month, the monitoring data of that month should be archived electronically. Documents should have disc backups be printed out. The project operator should also keep the copy of generating thermal energy. Written documents such as paper-based maps, diagrams and environmental assessments will be used in addition to the monitoring plan to check the information. In order to facilitate auditors reference of relevant literature relating to verification of the emission reductions of the proposed project, the index of the project materials and monitoring results should be provided. All paper-based information and data shall be stored by the Facility business division and all the materials shall have copies for backup. And all data will be kept until 2 years after the end of the total credit period of the proposed project. The project participant is preparing the monitoring procedures and calibration and measurement manual which will be implemented during the operation of the proposed project. After the proposed project is registered and begins its operation, the monitoring report should be submitted for the verification of DOE. The report should cover the monitoring of generating thermal energy, check report, report on calculation of the emission reductions and records of monitoring instrument repair and calibration, etc. <Table B-8> Connections and requirements of installation Connections Framework Notes Measuring facilities main Measuring facilities (built in transmission function) server Local server (includes PC) Outdoor type transmission facilities Local server main server Measuring facilities main server main server Obtains Extra network port for being able to transmit main server -Obtains Extra network port for being able to transmit main server 66

67 -Select measuring facility with compatibility of main server * measuring includes inverter, calorimeter, datacollecter, DDC & PLC etc. Public relations office (Iconic tower) KLC headquarter (Facility Business Div.) Monitoring System (Solar water heating system) All data Operating time (min) Generating thermal(kcal) Solar water heating system (detached houses) Solar water heating system Solar water heating system <Figure B-1> Monitoring plan B.8 Date of completion of the application of the baseline and monitoring methodology and the name of the responsible person(s)/entity(ies) Date of completion of the application of the methodology : 03. August, 2007 Responsible monitoring department: : KLC (Facility business Div.) Baseline emission factor calculating person: : Dr. Jung, Jae-Soo / Ecoeye Co.,Ltd. 67

68 SECTION C. Duration of the project activity / crediting period C.1 Duration of the project activity: C.1.1. Starting date of the project activity: 01/01/2010 C.1.2. Expected operational lifetime of the project activity: 25 Years C.2 Choice of the crediting period and related information: C.2.1. Renewable crediting period C Starting date of the first crediting period: 01/01/2015 C Length of the first crediting period: 7 years C.2.2. Fixed crediting period: C Starting date: Not applicable C Length: Not applicable SECTION D. Environmental impacts >> D.1. If required by the host Party, documentation on the analysis of the environmental impacts of the project activity: This project related to urban developments. When all detached houses and schools are constructing, the facilities will being equipped in Pyeongtaek sosabul-district. 68

69 Under Korean Regulation; The Act on Assessment of Impacts of Works on Environment, Traffic, Disasters, etc is described that Environmental Impact Assessment (EIA) is to be implemented urban development over 30 million m 2. Due to over the area limit, EIA was performed for urban development include introduction of new and renewable energy facilities in this district before this project s implementation. For the introduction of new and renewable energy utilization, the Assessment of Environmental Impacts was comparatively positive. Distinguishable and noticeable effects didn t have on the EIA report through new and energy utilization. Hazardous emissions will be reduced from new and renewable energy utilization. The EIA results of new and renewable energy utilization are under following. <Table D-1> the comparative table of environmental effects and assessment items Land applications Air quality Jamming New & renewable energy utilization EIA report, June 2007 Population Residing Industry <Table D-2> Standard of level creation and marks Level Marks Effectiveness or contents related +3 Positive effects +2 Relatively positive effects +1 Indistinguishable effects -1 Weakly negative effects -2 Negative less effects -3 Negative effects D.2. If environmental impacts are considered significant by the project participants or the host Party, please provide conclusions and all references to support documentation of an environmental impact assessment undertaken in accordance with the procedures as required by the host Party: Comments received for urban developments by local government and make-up plans. 4. Making a plan for fishes preservation Make-up plan: Preparing protect plan for Entering sand to reservoir and increasing water temperature 5. Installation Underground sewage disposal plant for fewer odours and ground park Make-up plan: original plan considered sewage disposal plant for fewer odours 6. Making a plan for non-point sources pollution control facility 69

70 Make-up plan: Preparing plan for installation of non-point sources pollution control facility and sustainable maintenances SECTION E. Stakeholders comments >> E.1. Brief description how comments by local stakeholders have been invited and compiled: The participant (KLC) had been invited residents for this draft EIA(Environmental Impact Assessment) report project presentation in 9, June 2007 and informed the project presentation to national, local newspaper and internet website. The presentation was held with 30 residents at Biseon 1 Dong office. E.2. Summary of the comments received: Local residents didn t have any comments. So the participants (KLC) didn t receive any comments from local residents who attended the presentation. The latest news informed that this project will introduce new & renewable energy for 5% of total consumption energy in Pyeongtaek sosabul-district. In April 2006 Seoul economy, the article informed developing Korea solar city. Korea solar city will be developing to supply about 5% of total energy though solar, solar heat and geothermal energy. MOCIE, KLC agree on the establishment of new and renewable model systems. 70

71 <Figure E-1> News reported latest information for this project 71