The supplier of construction materials faced difficulties with the existing stone crushing equipment. Since the demand was increasing, the company decided to replace the old machinery with a new one producing gravel of different fraction.
Stone crushing process in Kosovo becomes more efficient
The company uses electricity and diesel for its production. The investment into a new machine aimed to reduce the energy consumption, therefore, the company contacted KoSEP for financing.
The KoSEP team supported the company with analysis of the proposed technologies, in particular, the potential of energy savings and financial-technical parameters of the project.
The €500,000 investment allowed the company to decrease its electricity and diesel consumption by 57 per cent amounting to €98,745 of cost savings per year. This means the investment will be repaid out of energy savings in slightly over years, turning the future cash-flows into company's income for the years to follow. In addition, the new equipment saves 38 per cent of water consumption, which significantly reduced the CO2 emissions by 380 tonnes per year.
This project demonstrates that energy efficiency investments are usually coupled with other benefits, such as process optimization and other reduced costs. Therefore, it is worth checking the energy saving potential of all such investment measures, to see if they can bring additional cash-flows from the reduced energy consumption.
The EBRD through KoSEP supports the sustainable financing and implementation of energy efficiency and renewable energy projects by the private sector. Together, the private, residential, and public sectors can make a change in the energy consumption patterns and contribute to environmental protection.
15 Jun 2015