The Hebei Yuxian Kongzhongcaoyuan 49.5MW Wind Farm Project is a renewable energy initiative aimed at generating electricity using wind power and supplying it to the North China Power Grid via Hebei Southern Power Grid. By utilizing wind energy, the project reduces greenhouse gas (GHG) emissions by offsetting the need for electricity generated from fossil fuel sources.
🌳 Prevents the release of CO2 emissions by replacing fossil fuel-based electricity with clean wind energy.
🍃 Generates carbon credits based on avoided emissions, contributing to global climate action. 🤝️ Supports China's transition to sustainable energy sources.
🌏 Expands access to renewable energy.
📈️ Strengthens energy infrastructure and promotes innovation
🏢 Contributes to cleaner urban environments.
⚡Encourages responsible energy consumption.
🌀 Encourages further investment in wind power and other renewable energy sources.
The objective of Hebei Yuxian Kongzhongcaoyuan 49.5MW Wind Farm Project is to generate renewable electricity using wind power resources and to sell the generated output through Hebei Southern Power Grid to the North China Power Grid. The project activity will generate greenhouse gas (GHG) emission reductions by avoiding CO2 emissions from electricity generation by fossil fuel power plants that supply the North China Power Grid.
This project has vintage years. This means the year in which the credits were issued, corresponding to the tons of CO2 avoided or captured in that same year by the project.
This project is an avoidance project. This means contributing to climate action by implementing activities that prevent the release of harmful emissions into the atmosphere.
This project type is Wind. This means initiatives that harness the power of wind to generate electricity. The generation of carbon credits in a wind energy project follows a the principle of avoided emissions. The project determines the amount of CO2 emissions that would have been released if the same amount of electricity were produced from fossil fuel sources instead of wind power. The difference between the actual emissions from fossil fuel sources and the emissions avoided by utilizing wind energy represents the carbon credits generated by the project. This type of project also needs to cover the additionality principle meaning that a solar energy project needs to show that without the project, the same amount of clean energy wouldn't have been produced, and fossil fuel sources would have been used instead. If a project lacks additionality or does not replace energy from fossil fuels, it may not generate carbon credits. However, it can still be marketed as Renewable Energy Certificates (RECs), which demonstrate the use of renewable energy sources and promote their adoption.
Carbon standard. This means a set of rules and criterias used to measure, report and verify the emissions reductions or removals from a specific project or activity. Carbon standards are essential in carbon markets, as they provide a transparent and consistent methodology for determining the number of carbon credits that can be issued to project developers. The Verified Carbon Standard (VCS) Program is the world’s most widely used greenhouse gas (GHG) crediting program. Verra is a nonprofit organization that operates standards in environmental and social markets, including the world’s leading carbon crediting program, the Verified Carbon Standard (VCS) Program.
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