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China Holdings Announces Development on TaiHu and Ongniute Biomass Power Plants/Projects
Date:5/21/2008

gher than the local average grid connection price. This

is approximately 40% higher than the local average. Additionally, there

is a supervision system to ensure full purchase and payment of all

renewable energy produced.

4. Carbon Credits: The Chinese Government allows qualifying joint venture

plants to trade Clean Development Mechanism (CDM) credits. These can be

traded in advance of Plant construction at around US$ 10-15/ ton or at

a much higher value if traded after construction is completed.

Biomass Waste as a Clean Renewable Energy

Straw is the main by-product from the harvesting of the agricultural crop. In the past, straw, bush and quitch was used as a household cooking fuel. However, in recent years, as China's agricultural economy has developed and farmers' incomes have increased, the usage of straw, bush and quitch has decreased sharply. Farmers now prefer to use fuels, such as coal and gas, which are easier to use, have higher energy content, and require less space for storage.

An increasing amount of straw, bush and quitch is now burnt in the open in many regions in China. The burnt portion can be as much as 80% of the straw, bush and quitch produced and causes serious environmental problems.

Instead of open burning, straw, bush and quitch can be used to generate electricity in an environmentally friendly manner. By 2010, China will have between 350 million tons to 370 million tons of unused straw. If this huge amount of straw is used for power generation, it would represent an additional 450 billion KwH of electricity. Biomass waste to energy is therefore a very sustainable and environmentally friendly potential energy source in China.

Smoke emissions from agriculture waste open-burning and forest fires badly affect air quality. Collecting agriculture from farmers can avoid biomass burning in site, which caused not only smoke and pollutants but also risk highw
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SOURCE China Holdings, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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