VIEWS: 22 PAGES: 2 CATEGORY: Transportation POSTED ON: 5/7/2010
Improving industrial energy efficiency Thematic factsheet The EBRD is committed to developing more efficient uses of energy within its countries of operations. As part of its lending to the corporate sector, the Bank works with large industrial energy users (in steel, chemicals and other sectors) to promote best practice and encourage companies to implement energy efficiency investments. Thanks to its dedicated Energy Efficiency and Climate Change team, the EBRD is uniquely positioned to provide both financing and free technical support to help its clients develop and implement energy saving programmes. This is done by screening all existing and potential projects to identify opportunities for energy savings and providing free energy audits and energy management training to unlock savings potential. Advantages of energy energy efficiency projects into long- Typical areas where efficiency investments term investment planning. savings can be achieved If energy efficiency investments are The EBRD works closely with a client’s include the upgrade assessed and implemented properly, the technical specialists to help identify energy or introduction of: returns can be high and the technical risks saving opportunities, select economically measurement and relatively low. Such investments can help viable projects and develop a long-term control systems reduce energy consumption and may also investment programme for energy efficiency. have other positive implications, such as This programme is then discussed with process heat recovery improved product quality. Benefits can a company’s management and financial motors electrical also be gained through environmental decision-makers to raise the priority of and transformers improvements and from the demonstration energy efficiency projects and ensure effect on the business community. that viable projects are incorporated into space heating the company’s long-term investment plan, and lighting More than ever, companies are facing financed fully or partially by the EBRD. on-site energy increased competitive pressures to produce Finally, the EBRD helps a client develop a generation facilities, high quality products at comparable or culture of energy conservation through staff particularly those that lower cost. With rising energy prices, training, and supports the implementation combine heat and companies are pressured to bring energy of energy management systems. power generation costs in line with standards of best practice. This is where the EBRD can assist. By providing technical assistance and energy-intensive long-term funding the EBRD accelerates process equipment. How the EBRD can help realise the pace of investments into projects energy saving potential that would otherwise be postponed or not implemented, thereby helping its clients to There are many opportunities for saving fully unlock the potential for energy saving. energy at almost any industrial company. However, in most cases those opportunities Methodology and process are overlooked or not implemented. First, companies in the growth phase tend to The EBRD has a specialised Energy prioritise revenue-generating investments Efficiency and Climate Change Team, which and pay little attention to rational energy includes engineers dealing exclusively use. Secondly, although most companies with industrial energy efficiency. In are generally characterised by high levels of addition, the EBRD has access to energy technical expertise, technical departments efficiency consultants who can provide often focus on maintenance and operations free support to the Bank’s clients (these and lack resources to systematically services are financed through EBRD explore and assess opportunities for Technical Cooperation funds contributed FSindustrial_0408_final energy efficiency investments. Finally, by international donors). All Bank clients the link between technical expertise, are eligible for this service. The only business planning and financial decision- requirements are that there are potential making needs to be enhanced so as energy savings and that the client is to raise the priority and incorporate committed to realising this potential. Carbon finance EBRD industrial energy Steps to develop an All energy efficiency projects result in the efficiency results (2003–07) energy efficiency project reduction of greenhouse gas emissions. Since the introduction of the Industrial with the EBRD: This results in the generation of carbon Energy Efficiency Programme in credits, which can then be sold to 2003, the EBRD has conducted 50 companies and governments to help energy audits and arranged 5 energy Initial assessment them meet their own carbon emission management trainings for its clients. reduction targets. The sale of these This support led to the development of credits also raises project profitability and makes investment into energy 61 projects financed by the EBRD, with efficiency projects more attractive. a total contribution from the Bank of more than €750 million (excluding funds Initial site visit The EBRD and European Investment syndicated to commercial banks). Bank (EIB) have established the These projects resulted in energy Multilateral Carbon Credit Fund (MCCF) facility, which is capable of providing the savings equivalent to the electricity necessary support for carbon project produced by a 2,500MW base-load power plant, and an estimated annual Energy audit preparation, as well as purchasing carbon credits from energy efficiency reduction of CO2 of 5.5 million tonnes. projects financed by the EBRD or EIB. This is equal to the emissions of For further details see the EBRD web five base-load, gas-based 400 MW site: www.ebrd.com/carbonfinance. combined cycle gas turbine plants. or roughly the amount of electricity Project implementation generated in Slovenia each year. Clientsin Russia include Chelyabinsk For a full description of the Tube Rolling Plant, Severstal, Power process, visit: www.ebrd.com/ Machines Group, Alcoa, and so on. industrialenergyefficiency Severstal, Russia (2007) Dedicated €600 million loan for Chelyabinsk Tube Rolling Plant, Russia (2007) Contacts energy efficiency projects, out €205 million loan to finance new Energy efficiency and of which €450 million has been investments in steel making climate change syndicated to commercial banks. and energy efficiency Tel: +44 20 7338 7478 Fax: +44 20 7338 6942 Eleven projects, including: Energy audit identified €50 million Director: Terry McCallion energy efficiency investments at fan Energy Management System two production sites, including: EBRD Headquarters f a new oxygen plant EBRD fthe modernisation of reheat One Exchange Square fthe modernisation of furnaces in rolling mills London EC2A 2JN compressor stations United Kingdom fthe modernisation of Tel: +44 20 7338 6000 fthe construction of a new compressed air systems Fax: +44 20 7338 6100 combined cycle gas turbine plant fthe installation of combined Website fthe reconstruction of heat and power units www.ebrd.com five steam boilers. www.ebrd.com/energyefficiency fthe upgrade of the electricity system Electricitysavings of more than fnew transformers 10 per cent, and savings in Today the EBRD uses the natural gas of 3.5 per cent fautomatic switchgear. tools of investment to help build market economies and Carbon savings of 1 million If implemented, these projects will democracies in countries from tonnes of CO2 a year. yield savings of electricity of more central Europe to central Asia. than 25 per cent of and natural Projectinternal rate of return: 15- gas of more than 10 per cent 90 per cent; payback: 1-6 years. Carbon savings of more than FSindustrial_0408_final 250,000 tonnes of CO2 a year. internal rate of return: 23- Project 100 per cent; payback 1-4 years.
Pages to are hidden for
"Improving industrial energy efficiency"Please download to view full document