Wednesday, July 23, 2008

KGMA News 7/23/08

PGMA to inaugurate RP's first Landfill Gas-to-Energy project in Rodriguez

President Gloria Macapagal-Arroyo will visit Rodriguez (formerly
Montalban), in Rizal tomorrow to inaugurate and lead the commissioning
of the first Landfill Gas-to-Energy Project in the country.

The methane power plant will capture the landfill gas particularly
methane from Montalban Sanitary Landfill to produce electricity for
the town.

On her arrival at the Montalban Landfill Methane Recovery and
Electricity Generation Project at Barangay San Isidro, the President
will inspect the facilities and to lead the ceremonial switch-on
signaling the start of operation of the power plant.

This US$ 33 million (P1.65 billion) project is a Build-Own-Operate
Project of the Montalban Methane Power Corporation (MMPC).
Based on today's oil price of about US$130 per barrel, the country
will have a foreign exchange savings of US$94 million over the 10-year
project life.

It is also expected to benefit the environment as the Flaring
component of the Project breaks down methane gas, which is a green
house gas (GHG) 21 times more potent than carbon dioxide.

This methane gas facility of Montalban Methane Power Corporation
(MMPC) follows the Kyoto Protocol of the United Nations Framework
Convention on Climate Change (UNFCCC) initiative and provides carbon
credits for developed countries under category of projects that reduce
emissions in developing economies under the Clean Development Mechanism.

The power plant project in Montalban is a candidate for a Gold
Standard (GS) Clean Development Mechanism status.

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