Clean Development Mechanism Evaluation Study – Adoption of Heat Recovery Power Generation within the Chinese Coal-Gangue Brick Sector
Summary
China is the world’s largest producer and consumer of building materials. The Chinese clay brick sector consumes around one billion tonnes of clay per year. Recent policies aim to limit the manufacture of clay bricks and encourage the use of industrial waste materials instead, in particular coal-gangue brick (CGB).
This report is the result of a study into the potential of the Clean Development Mechanism (CDM) to finance CGB HRPG projects in China in order to accelerate the sector-wide uptake of Heat Recovery Power Generation (HRPG )and reduce GHG emissions. The study uses a detailed cash flow model to analyse CDM potential for the CGB sector and, specifically, at the two pilot sites, applying a range of carbon price scenarios for different CDM development approaches (single project, bundled projects and programmatic CDM).