July 11, 2005—Armstrong International, Inc., a world leader in intelligent system solutions for steam, air and hot water energy applications, has secured approval from the United Nations Framework Convention on Climate Change (UNFCCC) for its steam system efficiency methodology, the company says. This is the first efficiency methodology approved for international trading of resultant carbon dioxide (CO2) emissions under the Kyoto Protocol, according to Armstrong.
The Kyoto Protocol, an international agreement reached in 1997 in Kyoto, Japan, sets binding targets for the reduction of greenhouse-gas emissions by industrialized countries. The Clean Development Mechanism (CDM), a procedure of the Kyoto Protocol, allows developed countries to finance projects that avoid greenhouse-gas emissions in developing countries and thereby receive credits toward mandatory limits on their own emissions.
The Armstrong methodology can be applied to any steam system and meets the test to ensure that the carbon dioxide savings would not have occurred without the optimization project.
Armstrong engineered, constructed and financed a $2.5 million steam system optimization project at a refinery in northeast China to demonstrate the methodology. The result was a positive cash flow from the steam energy savings and the reduction of 40,000 tons of CO2 emissions annually, the company says.
The Armstrong methodology underwent 18 months of review under a complex UNFCCC approval process. For more on the company, visit its Web site.
