The Open Fuels & Energy Science Journal

2015, 8 : 126-132
Published online 2015 June 26. DOI: 10.2174/1876973X01508010126
Publisher ID: TOEFJ-8-126

Research on CER Accounting and Trading for Woody Biomass Power Generation Under CDM

Lin Gaoxing , Tian Shuying and Wu Bin
School of Economics, Anhui Universiry, ADD. No111, Jiulong Rd, Jingkai District, Hefei, 230601, P.R. China.

ABSTRACT

Based on the example of Anhui Chizhou Woody Biomass Power Generation Project under CDM, the paper studied the types of woody biomass used for power generation, the requirements of CDM development for such kind bioenergy, selection of baseline methodology, the procedure and the formulas for accounting the emission reduction, as well as the monitoring, verification and certification for CERs produced from the woody biomass power generation. And further, the paper forwarded proposals for the establishment of CERs trading system, such as regulations of purchase agreement, international standards, governmental control policies and transaction broker system, etc.

Keywords:

Accounting methodology, CDM, CER, trading system, woody biomass.