Enigin Update - Cheese and Steel Bear Energy Saving Fruit
THE European Bank for Reconstruction and Development (EBRD) is continuing its drive to promote energy saving in Ukraine through specialised energy efficiency initiatives and bearing fruit.
The latest programme and the largest to date is the $160 million Ukraine Energy Efficiency programme (UKEEP), which is now nearing completion.
In the Ukrainian capital Kiev on Monday, the EBRD named the five best projects financed under the programme. They represent a wide range of sectors from cheese production to steel manufacturing and demonstrate how the introduction of new technologies and methods can lead to significant energy efficiency savings.
The Bank announced overall results of UKEEP activity, which has to date financed almost 40 individual energy efficiency and renewable energy projects worth nearly US$ 110 million. The programme also screened hundreds of projects across the country and conducted dozens of energy audits of domestic companies.
UKEEP, launched in May 2007 and designed to tackle Ukraine’s energy intensity, was actively supported by EBRD partner-banks. UkrEximBank and Forum Bank were named among most the active lenders.
Collectively, UKEEP funded projects achieved energy savings of 2,200,000 MWh per year, which is equal to the energy consumption of a major city like Stockholm or Odessa. Total CO2 emission savings as a result of UKEEP implementation stand at 520,000 tonnes per year – the equivalent of the emissions from 220,000 passenger cars.
André Küüsvek, EBRD director for Ukraine said: “We are impressed by the way the Ukrainian market responded to this energy efficiency initiative by the Bank. I am very happy that the number of energy-conscious businesses in this country is on the rise. Clearly, there is a demand for such projects in Ukraine. The EBRD is planning to pledge additional resources and open similar energy-efficiency programmes in the near future.”
Enigin Distributors in Ukraine are helping businesses and other organisations to save energy via Enigin plc's EnergyMaps programme - a complete solution that reduces energy consumption, CO2 emissions and utility bills. With loans, incentives and grants the choice to improve energy efficiency is an easy one, and with Enigin plc's solutions the savings substantial.
Picture of Kiev at night by Willy_G91 reproduced under CCL.
