Alongside implementing reduction solutions, Tapio guides companies in selecting the highest quality carbon sequestration projects in line with their carbon budget and values.
Country: New Caledonia
Technology: Wind Onshore
Price: 16.2 EUR/t CO2
This project involves six wind farms located in two different sites, Kafeate and Prony, on the island of New Caledonia. The sites were installed by the company Aerowatt and consist of 116 wind turbines providing a total capacity of 31 MW with an estimated yearly production of 40 GWh of electricity which is then exported to the New Caledonian grid. The project, therefore, replaces grid electricity that is 80% produced by fossil-fuel power plants.
The Pacific islands region, including New Caledonia, faces increasing environmental and socioeconomic pressures exacerbated by global climate change and climate variability. Under the United Nations Framework Convention on Climate Change (UNFCCC), small island developing states are recognized as being particularly vulnerable to climate change. Pacific island countries are already severely affected by climate variability and extremes, and they remain extremely vulnerable to future changes.
By reducing the amount of greenhouse gas emissions in electricity generation, this project makes a significant contribution to climate action both in New Caledonia and globally. Air pollutants such as sulphur dioxide, nitrogen oxides, and particles resulting from the electricity generation from fossil fuels are reduced. The project has boosted local small economies by creating local employment during both the construction and operational phases, also stimulating technology and know-how transfer. In addition, it proves the viability of sustainable development in a vulnerable island nation, promoting climate awareness and future climate action for the pacific island region.