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Emission trading together with myclimate
This small-scale project was the first worldwide that generated emission certificates on the basis of sustainably harvested biomass from FSC-certified forestry activities. The woodchip power plant with 9 MW of electric output is located on the site of the sawmill of Precious Woods in Itacoatiara. Precious Woods owned 40% of the shares as at 31 December 2020.
The plant produces up to 45 000 MWh of electricity each year, for which otherwise about 10-15 million litres of diesel would be consumed. This replaces several diesel generators and provides the neighbouring city’s approximately 100 000 inhabitants with climate-friendly power. Thanks to the power plant, the local population benefits from lower energy prices and stable energy supply (fewer outages and transport losses). The waste heat generated during electricity production is used for the sawmill’s wood seasoning plants.
”A complete and sensible use of the harvest volume makes a crucial contribution to sustainability.”
For the production of this electrical and thermal power, about 100 000 tons of wood are required each year. This residual wood is delivered in the form of wood cuttings and sawdust from the sawmill. All this biomass comes from sustainable forestry in accordance with FSC guidelines. Prior to start-up of the plant, this residual wood was rotting in large piles on the property or in the forests. The sustainable use of the residual wood reduces emission of the greenhouse gases CO2 and methane.