The Delhi Metro was awarded the prestigious
Gold Standard Foundation (GSF) certification standard for using the energy
efficiently on 2 February 2014.
Delhi
Metro became the first ever Railway system in the world with GSF
certification standard.
GSF standard certification is a globally
accepted certification standard for carbon
mitigation projects. The Delhi Metro Rail Corporation (DMRC) registered for
the certification standard for its energy efficiency measures undertaken in 51
stations in Phase II of the DMRC Project. All the energy efficiency measures
after being verified by the GSF auditors showed that during Phase II
•
the energy efficiency measures were primarily undertaken in the heating,
venting and air conditioning (HVAC) systems, lighting system and other energy
efficient measures of station buildings;
•
the measures adopted in the HVAC system resulted in reduction in
electrical energy consumption; and
•
The undertaken measures lead to tremendous amount of energy savings and
was more efficient than Phase I. It resulted in reduction of carbon dioxide
emissions by at least 25%.
The Gold Standard certification process
ensures genuine quality and like all high end products, Gold standard carbon
offset carry a price premium. The UN rate for one Carbon credit, at present is
70 cents, where as Gold Standard gives 4-5 Euros. The Gold Standard
registration will help DMRC to earn 7000-7500 amount of VERs (credits) per
annum for next ten years. Delhi Metro is also working on other projects to get
them registered under Gold Standard.
In 2008, DMRC had become the first Metro or Railway project in the world
to be registered by the United Nations under the Clean Development Mechanism
(CDM) which has enabled it to claim carbon credits.
About Carbon
rating
Carbon Ratings are an important building
block in the determination of pricing recommendations. Carbon Ratings measure
the overall quality and likely performance of an emission reduction project.
All factors that are likely to influence the projects capacity to generate CERs
(or other units) are considered.
About Gold
Standard Foundation
The Gold Standard is an award winning
certification standard for carbon mitigation projects and is recognised
internationally as the benchmark for quality and rigour in both the compliance
and voluntary carbon markets. Established in 2003 by WWF, the Gold Standard is
the only certification standard trusted and endorsed by more than 85 NGOs
worldwide.