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The
overall objective of the project is to support the development
of a future CHP Directive by objectively evaluating the potential
for a novel, tradable certificate scheme to support CHP that
would work in harmony with the conditions of a liberalised energy
market and help deliver new CHP investment at least overall
economic cost.
The
sub-objectives are a) to specify how CHP Quality Criteria
can be defined and implemented; b) to research the potential
voluntary demand for CHP certificates; c) to define the
institutional infrastructure, systems and processes needed for
CHP certificate trade; d) to define how demand for CHP
certificates could be created and maintained, and the interactions
between CHP certificates and other environmental trading schemes;
e) to define how CHP schemes could be accredited and certificates
issued so that integrity is assured at every stage; f)
to propose an outline design of an EU-wide scheme; g)
to disseminate the results of the project to key decision makers
and to involve key stakeholders in the project.
The
work programme has nine linked phases with a contract breakpoint
at which the feasibility of the overall proposal can be assessed
before continuing. Phase 1 - builds the consultative
group and carries out reviews. Phase 2 - research to
establish possible voluntary demand for CHP certificates. Phase
3 - definition of CHP types, quality criteria and outline
accreditation framework. Phase 4 - defining a practical
methodology for accreditation, verification and monitoring of
CHP. Phase 5 - defining how to create demand, the policy
aspects of this, and interactions between different schemes.
Phase 6 - the outline design of an EU-wide scheme. Phase
7 - recommendations for a programme to establish a certificate
trading scheme and feeding this into a CHP Directive development.
Phase 8 - dissemination of results and use of the consultative
group. Phase 9 - project management and reporting.
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