EcoSecurities, a leading company in the business of sourcing, developing, and trading carbon credits from greenhouse gas emission reduction projects, announces the registration of the Rotor Elektrik Uretim wind farm in Osmaniye, Turkey, under the Gold Standard in May 2009.Zorlu Enerji has constructed the first phase of the project, which currently has 15 turbines in place. The wind farm will become operational in the next few weeks and has an installed capacity of 37.5 MW. During the course of this year and into 2010 a further 29 wind turbines will be installed resulting in 54 wind turbines in total, with an installed capacity of 135 MW, saving around 300,000 tonnes of carbon dioxide (CO2) per year. Read more

The UK government is planning to auction off four million carbon allowances on March 24th, in its second phase II EU ETS auction.

Reuters:

The auctions will comprise a competitive bidding facility only. The bidding window will open between 0800 GMT and close at 1000 GMT.

In 2009, the U.K. plans to auction a total of 25 million allowances.

At the U.K.’s first auction of E.U. ETS credits Nov. 19, 4 million allowances were sold at a total GBP54 million.