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UC San Diego begins trading greenhouse gas credits on Chicago Climate Exchange
Date:1/4/2008

cap. An institution that goes below the limit can sell its surplus, while those above the limit can buy surplus credits from other traders. The system provides direct financial incentives for effective conservation and for new renewable energy technology.

UC San Diego operates a cogeneration facility that supplies about 90 percent of the campus's electricity, making it less reliant on commercial utilities. Cogeneration uses one fuel source -- natural gas -- to produce two forms of energy -- electricity and heat. The plant is equipped with state-of-the-art pollution controls that produce 75 percent less smog emissions than conventional natural gas power plants. In addition to saving approximately $8 million per year in energy purchases, UC San Diegos cogeneration plant helps reduce reliance on out-of -state coal-burning power generation.

UC San Diegos carbon-reduction program also includes installing over 1 megawatt of solar panels in 2008, developing ultra-clean hydrogen fuel cell energy, and exploring the use of cold sea water to reduce energy and fresh water use. The campus is developing a state-of-the-art micro weather station network to integrate with its energy management system. Because of its energy savings and cogeneration, UC San Diego was able to export over 3 megawatts of electricity to the region during the recent San Diego wild fires.

UC San Diego became the first university in California to be recognized by the California Climate Action Registry as a Climate Action Leader for successfully measuring, certifying and reporting its greenhouse gas emissions to the Registry and the public.


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Contact: Jim Gogek
jgogek@ucsd.edu
858-822-3736
University of California - San Diego
Source:Eurekalert

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