Reinvestment in schools after the sale of photovoltaic power generation reduction greenhouse gas emission rights
12 of the 60 clean energy schools approved for priority
[부산=뉴시스] Clean Energy School Greenhouse Gas Reduction Project Flowchart. (Photo = provided by the Busan Office of Education) *Resale and DB prohibited
The City Office of Education announced on the 12th that clean energy schools in Busan recently received approval for greenhouse gas reduction projects from the Ministry of Environment and the Ministry of Trade, Industry and Energy.
The total project targets are 60 clean energy schools designated by the City Office of Education that have installed 50kW solar power generation facilities per school from 2018 to the present.
Among these schools, 12 schools were approved for the project, including Banyeo Elementary School, Jwadong Elementary School, Sinjin Elementary School, Daecheong Middle School, Dongbaek Middle School, Yangun Middle School, Haegang Middle School, Shinjeong Middle School, Busan Nam Il High School, Busan Dong Girls’ High School, Sinjeong High School, and Centum High School.
The remaining 48 schools also applied for project approval from the Ministry of Environment in June last year, and they are expected to receive approval by June.
The city office of education predicted that through this project, 60 clean energy schools would be able to reduce 18,000 tons of greenhouse gas over the next 10 years.
If the reduced greenhouse gas emission credits are sold, it is expected to generate profits from at least 400 million won to a maximum of 700 million won over 10 years depending on price fluctuations. The sale of greenhouse gas emission rights is planned to be carried out every three to four years.
Prior to this, the City Office of Education signed a business agreement with Busan City, Korea Energy Agency, and Busan Climate Environment Network in 2017, and spent 16 billion won in budget for 5 years from 2018 to 2022 on the rooftops and parking lots of 100 schools in the area. It was decided to supply 50kW class solar power generation facilities.
Busan City and the city office of education share 50% of the budget for this project. Currently, it has been installed in 60 schools.
The city office of education plans to install solar power generation facilities for 40 clean energy schools to be selected in the future and further promote greenhouse gas reduction projects.
Kim Seok-jun, Superintendent of Education in Busan, said, “Even if new and renewable energy facilities are installed in schools, it is difficult to feel the effect of saving electricity and protecting the environment, but if you sell greenhouse gas emission rights through this project and reinvest the proceeds in the school, you can get educational effects as well as economic effects. “We will push forward this project to become a model case for the realization of a sustainable carbon-neutral school,” he said.
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