2/8/06 Tokyo, JCN) - Chubu Electric Power has announced plans to build two biomass power plants in the eastern province of Sabah, Malaysia. Malaysia ranks number one in the world's palm oil production, however, the waste disposal of almost all the palm bunches from the manufacturing process creates methane, a global warming gas.

The new biomass plants will use these leftover-disposable palm bunches as renewable energy source to generate the output of a 10,000kW small-scale electric power plant.

The palm biomass power plant will also fulfill Co2 emission trading standards, guidelines set up by EU in 2002 for a trading system for greenhouse gas emission allowances.

Chubu aims to reduce Co2 by 2 million tons annually with the new plant, and acquire the Co2 emission trading credits.