Updates:
- The number of projects that entered the CDM pipeline increased slightly from the second quarter, although it dropped 14% from the third quarter in 2008 (See Fig. 1).
- The percent of hydropower projects entering the CDM pipeline relative to all CDM projects has been on a downward trend since 2007 (see Fig. 2).
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"An increasing number of registered projects, or even projects that have had their first monitoring report published, never materialise into CER generation." – Point Carbon analysts. The issuance of CERs has also dropped. According to the Sept 2nd issue of Point Carbon's CDM & JI Monitor (sub req'd), factors include the delay that projects experience going through the CDM pipeline, "uncertainty about the size and scope of the CDM after 2012," the number of projects flagged for review (as seen in Fig. 4), and the fact that some registered projects just "never materialize into CER generation." The recession, the recent DOE suspensions, and perhaps the recognition of the various problems that plague large hydro probably aren't helping developer confidence.
- The percent of projects rejected out of the total number of projects requesting registration was 6.9% in 2007, 3.6% in 2008, and 1.8% in 2009 to date (this does not include withdrawn projects).
- 49% of all hydro projects in the CDM pipeline have requested registration since 2004, while 39% have actually been registered. Figs. 3 and 4 show the fate of projects requesting registration and being registered by year. This graph shows the marked increase over last year of projects that the Executive Board has requested be reviewed.
- Hydro projects in China continue to be the most prevalent CDM project in the pipeline.
Click on the following graphs to see an enlargement:
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You can receive weekly email updates of new CDM hydro projects entering the pipeline and download our monthly spreadsheet by visiting our CDM spreadsheet page. Data based on the UNEP Risoe spreadsheet (October 1, 2009). Feel free to contact me about any of these calculations.
More information
- Click here to learn more about the Kyoto Protocol's CDM
- To learn more about submitting comments on CDM project, including what issues to address in your comments, visit our CDM Public Comments page.
- For access to the latest spreadsheet and how you can sign up for weeklyupdates, go to our Hydro Spreadsheet page.
