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Poland: Stargard Geothermal Project
(Prototype Carbon Fund)
3 Project Documents
The proposed project established a geothermal base-load heating plant in Stargard which is a city of about 75,000 people located about 30 km east of Szczecin in the North-West of Poland.
The Project consists of two components. First is the “underground plant” consisting of a new geothermal doublet which is located close to the existing coal fired DH-plant; and the second one is the “above-ground plant” and connections, comprising a plant building which houses heat exchangers, electrical equipment and installations, process equipment and controls, as well as internal piping; and the connection to the existing district heating (DH) network of Stargard.
The baseline used for evaluation of this project assumes continuing supply of district heat from the recently modernized coal boilers and is expected to remain valid over the next 15-20 years. The geothermal heat, with an installed capacity of 14 megawatts, will displace more than 36% of the total district heat demand of Stargard that was provided from heat only coal boilers.
The project displaces substantial coal burning in Stargard with attendant reductions in carbon dioxide (CO2) emissions, ash disposal, coal transport and storage impacts. Other key air pollutants that are reduced are SO2, PM10 and NOx.
The Prototype Carbon Fund (PCF) is negotiating to purchase 240,000 tons of carbon dioxide equivalent emission reductions through the Kyoto Protocol’s Joint Implementation mechanism. The project is sponsored by Geotermia Stargard, an international joint venture company (Danish and Polish shareholders) which will implement, own and operate the project, and EcoFund, a state owned fund that has supported around 80 projects in the field of renewable energy during the last eight years.
Poland Stargard - Bank Due Diligence
Poland Stargard - Project Idea Note (PIN)
Poland Stargard - PDD Package
The World Bank Group
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