Protocol 1: Kasserine - Pioneering Solar Power


Protocol 1: Kasserine represents a groundbreaking endeavor that will harness the power of solar energy to generate clean electricity. The project aims to establish a solar-powered energy field with a capacity of 50 MW in the Kasserine region. This ambitious undertaking will require careful planning, meticulous execution, and collaboration with key stakeholders.

Through strategic partnerships with reputable Chinese manufacturers, Protocol 1: Kasserine will procure high-quality solar panels and equipment. With over 100,000 solar panels needed for the field, the project will benefit from the economies of scale and technological advancements offered by established Chinese suppliers.

The project's core focus lies in ensuring the optimal performance and longevity of the solar field. Thorough land acquisition, precise site preparation, and adherence to international standards will guarantee the efficient utilization of resources and maximize energy production.

A comprehensive maintenance and monitoring plan will be implemented to ensure the long-term sustainability and productivity of the solar field.

 

The Protocol 1: Kasserine project will yield significant environmental and socio-economic benefits, contributing to Tunisia's sustainable development goals:

  • Greenhouse Gas Emissions Reduction: By displacing conventional energy sources reliant on fossil fuels, the solar field will significantly reduce carbon emissions. This proactive approach to combating climate change aligns with global efforts to mitigate the environmental impacts of energy generation.

 

  • Energy Independence and Security: The establishment of Protocol 1: Kasserine enhances Tunisia's energy independence by diversifying its energy mix. Relying less on imported energy sources, the country will achieve greater energy security, reducing vulnerability to fluctuating global fuel prices.
  • Job Creation and Economic Growth: The construction, operation, and maintenance of the solar field will generate employment opportunities across various skill levels. Local communities will benefit from job creation, fostering economic growth, and facilitating the development of a robust renewable energy sector in Tunisia.
  • investing in renewable energy in Tunisia, specifically through Protocol 1: Kasserine, is a strategic and socially responsible decision.

 

The business plan outlined herein highlights the tremendous potential of Tunisia's renewable energy sector, with a particular emphasis on solar power. By capitalizing on Tunisia's favorable market conditions, abundant solar resource, and supportive government policies, TNRGY seeks to establish Protocol 1: Kasserine as a prominent player in the renewable energy landscape. This project not only addresses global environmental challenges but also provides a pathway towards economic growth, job creation, and energy security. Join us on this transformative journey as we harness the power of the sun and contribute to a sustainable and prosperous future for Tunisia and beyond.

 

EU ETS Explained


The EU ETS (European Union Emissions Trading System) is a market-based mechanism that was established by the European Union in 2005 to reduce greenhouse gas emissions in a cost-effective manner. It is the world's largest carbon market and covers around 45% of the EU's greenhouse gas emissions. The EU ETS works by setting a cap on the total amount of carbon dioxide (CO2) that can be emitted by the regulated industries, such as power plants, factories, and airlines. This cap is gradually reduced over time, in order to achieve the EU's long-term target of reducing greenhouse gas emissions by at least 40% below 1990 levels by 2030.

 

 

Who And How

 The regulated industries are allocated a certain number of allowances, or permits, that represent their right to emit a certain amount of CO2. These allowances can be bought and sold among the industries, creating a market for carbon credits. The idea is that the industries that can reduce their emissions more easily and cheaply will do so, and then sell their surplus allowances to those who find it more difficult or expensive to reduce their emissions. The EU ETS also includes provisions to ensure that emissions reductions are real and measurable. Industries are required to report their emissions annually and surrender enough allowances to cover their actual emissions. Failure to do so results in a penalty.

 

Does it work?

The EU ETS has been successful in reducing emissions in the covered sectors, but there have also been criticisms of the system. Some argue that the initial allocation of allowances was too generous, leading to a surplus of allowances and low carbon prices, which may have reduced the incentive for companies to invest in low-carbon technologies. Others argue that the system does not cover enough emissions sources and should be expanded to include more sectors, such as agriculture and transport. Overall, the EU ETS is an important tool in the EU's efforts to combat climate change, and its success has led to the development of similar emissions trading systems in other countries and regions.

 

 

What EUA’s represents

EUAs stands for European Union Allowances, which are the tradable permits that allow companies to emit greenhouse gases under the European Union Emissions Trading System (EU ETS). EUAs are issued by the European Commission and allocated to companies that are covered by the EU ETS. Each EUA represents the right to emit one metric ton of carbon dioxide (or an equivalent amount of other greenhouse gases) during a specified period of time.

 

Our duties

  1. Monitoring and reporting emissions: Participants are required to monitor and report their emissions data to national authorities, who then verify the data and allocate EUAs accordingly.
  2. Surrendering EUAs: Participants must surrender enough EUAs to cover their emissions for each compliance period, which typically lasts for one year.
  3. Compliance with emissions limits: Participants must comply with emissions limits that are set by national authorities and are based on the participant's historical emissions data.
  4. Compliance with offsetting requirements: Participants may use carbon offsets to meet a portion of their emissions obligations, but these offsets must meet specific quality standards and be approved by national authorities.
  5. Compliance with auctioning requirements: Participants may purchase EUAs through auctions, but they must comply with specific auctioning rules and procedures.
  6. Compliance with compliance cycle deadlines: Participants must meet specific deadlines for monitoring, reporting, verification, and surrendering of EUAs.
  7. Record-keeping and audit requirements: Participants must maintain detailed records of their emissions data and transactions, and these records may be subject to audit by national authorities.

 

So exactly who am I to the client?

Clients who participate in the EU Emissions Trading System (ETS) may expect a range of services and products from brokers and other market participants. These services and products may include:

 

  1. Trading and brokerage services: This includes the facilitation of EUA trades and the provision of market information and analysis to help clients make informed trading decisions.
  2. Risk management products: This may include hedging instruments such as futures contracts and options, which can help clients manage their exposure to EUA price volatility.
  3. Compliance support: Companies that participate in the EU ETS are subject to complex regulatory requirements. Brokers and other market participants may offer compliance support services to help clients meet their obligations under the system.
  4. Market research and analysis: Clients may expect to receive regular updates on market trends, policy developments, and other factors that can impact EUA prices.
  5. Access to liquidity: The EU ETS is a large and complex market, and clients may expect to receive access to a wide range of buyers and sellers in order to maximize their trading opportunities.

Overall, clients who participate in the EU ETS will likely expect a range of specialized services and products that can help them navigate the complexities of the system and make informed trading decisions.

M1 TNRGY


M1 TNRGY is the first micro project of TNGRY in Tunisia and it is the one the allowed us to enter the Tunisian energy market through our expertise and commitment to a more sustainable future and to set the first step towards a CO2 free future.

It’s a 1 MW SOLAR FIELD IN THE REGION OF TUNIS AND IT CREATES JOBS OPPORTUNITY FOR THE LOCALS AND ENERGY INDEPENDENCE FROM OIL OR GAS.