BUSINESS

Carbon Credits (CERs)

Registration of carbon credits using UN-recognized waste biomass feedstock
(APULLPOWER’s industrial steam boiler)

Approximately 1.5 million tons of carbon credits will be saved annually,
once 100 units are installed

Profitability Analysis - TAN PHONG PLASTICS

TAN PHONG PLASTICS Annualized
carbon credit analysis –
securing approximately carbon credits
15,000 tons per year(80% applied)

It is the same business as the existing CDM registered model and calculated by
applying the same formula.

To secure 15,000 tons of carbon credits (CERs) per year, it needs to build a
30 MWh solar power plant. This would cost 45 billion KRW
(approximately USD 35M), excluding land and construction costs.
This is approximately 60 times more expensive than the cost of APULLPOWER.

Profitability Analysis - Estimated Economic Analysis for Phase 1 Goal 100 boiler units

upon completion of the primary target
100 installations
Analysis of carbon emissions –
expected 1.5 million tons per year

It is the same business as the existing CDM registered model and calculated by
applying the same formula.

To secure 1.5 million tons of carbon emission (CER) per year, a
3GWh solar power plant must be built. This would cost 4.5 trillion KRW
(about USD 3.5 billion), not including land and construction costs.
This is approximately 60 times more expensive than the cost of APULLPOWER.

Securing Carbon Credits (CERs)

  • - Securing carbon credits(CERs) through APULLPOWER's boiler that uses waste raw materials

  • - Currently preliminarily registered on the official UNFCCC (United Nations Framework Convention on Climate Change) carbon credit web site
    (https://cdm.unfccc.int). (Registration completed in 3Q 2023)

  • - Based on APULLPOWER's 10 ton/h boiler facility, about 1.5 tons of carbon credits can be secured annually
    (expected to increase more than 50,000 KRW per ton after 2025)

  • - By 2025, If 100 boilers are installed and operated, approximately 1.5 million tons of carbon credits will be secured annually

The global goals, to protect the planet and save the environment

APULLPOWER will work for it!

Create a world where the environment and industry coexist

#Low-carbon industrial steam boiler manufacturing
#Eco-friendly energy subscription service
#Waste-material energy business #Carbon credit business

Business Areas

Apull Power

502 / 11, Seolleung-ro 131-gil, Gangnam-gu, Seoul, Republic of Korea

T +82.2.517.0866 | F +82.2.517.0865

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