Uzinsider Group provides specialized consulting and trade services for mainly the metallurgical industry since 1992. By 2002 the company expanded its services to management of own factories and complex projects. As part of the development and diversification policy, the groupe decided to enter into the energy generation sector.
Unleashing the hydro power potential in Romania
The company addressed RoSEFF for financing of a small hydropower plant (HPP) at the river Aries, near Mihoesti.
The RoSEFF team performed analysis of the energy saving potential of the suggested measure, its financial-technical and environmental parameters, as well as profitability of the project.
The company planned to take advantage of a dam built in 1987 by the authorities to protect from floods the downstream settlements. The dam was accumulating 6.25 million cubic meters of water. Uzinsider utilised the energy potential of the dam, which would otherwise be wasted. The final project comprised construction of a new water intake, new building for the HPP, installation of two horizontal Kaplan turbines with the total installed capacity of 2.47 MW, two generators, two transformers, one metering station and the related measurement and control systems.
The €2,022,392 investment allows the company to generate 8,295 MW of energy per year, leading to ambitious financial gains. Only 2% of the generated energy is consumed by the HPP itself. The investment will be repaid in 5 years only, leaving a profitable renewable energy asset functioning for many more years, providing income for the company and internal energy source for the country.
This project vivdly demonstrates the win-win-win potential of small hydro power plants. It is a profitable and sustainable business for companies. It develops new internal energy sources for the country, enhancing the security of supply and energy independence. And last, but not least, it provides a positive impact to environment by reducing the demand for electricity generated from fossil sources and leading to lower CO2 emissions in the world.
02 Jun 2015