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The company, which produces and delivers steam and hot water for municipal and industrial consumers, requested the RUSEFF experts to assess potential energy saving opportunities.
The current system generates heat using a low efficiency steam boiler and also provides heating for the company’s own premises.
The RUSEFF experts gave advice on how the company should invest in optimising their heating system and recommended that the company replace the old boiler with two higher-efficiency boilers and a cogeneration system. In addition an infrared gas radiant heating system was suggested to provide an independent source of heat for the facility that would be easier to control.
This proposed investment of USD 565 000 will result in lower fuel consumption and reduced electricity costs, which will lead to annual savings of USD 478 000, a payback period of only 16 months, yielding a 35% return on investment in terms of energy savings!
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Company
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Economic sector |
Heat supply |
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Region |
Ivanovo |
Project Goal and Main Investment
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Project goals |
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Decrease gas and electricity consumption
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Provide independent heat supply for own premises
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Main investments |
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High efficiency boilers
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Small scale combined heat and power
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Infrared gas heaters
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Investment size |
USD 565 000 |
Results
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Project Results |
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Energy savings equivalent to 5 800 MWh per year
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Energy savings: 32.7 %
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Emission reduction equivalent to more than 1 000 tonnes CO2 per year
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Financial viability |
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Annual cost savings: USD 478 000
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Payback period: 1.4 years
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IRR: 35 %
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Technical Assistance Funds are provided by:
