The company is a large hotel and spa resort at the Russian Black Sea coast. The resort has a long history and assets from the Soviet times. Electricity provided by the regional grid system proved to be unstable with frequent interruptions. The power black-outs were permanently disturbing guests’ comfort and caused additional costs from damaged food and medicine.
To solve the problem, the company contacted the RuSEFF
team for advisory package and for financing of the possible investment measures.
The RuSEFF team supported the company with a feasibility study, which proved the CHP unit to be an efficient solution to existing situation. The RuSEFF team analysed the proposed technology, its potential of energy savings, financial-technical parameters and profitability.
The €811,000 investment allows the company to gain a maximum independence from external electricity supply and free heat in winter. The company’s energy consumption will be reduced by 8,180 MWh per year, leading to the annual cost savings of €393,000. It means the investment will be repaid from energy savings in less than three years. The cost savings can be seen as additional company's income. The company will feel the benefits of this replacement immediately with the reduced energy bill and improved operations. In addition, the company reduced its CO2 emissions by 985 tonnes per year, making its important input to mitigation of the negative effect of human activity on climate.
This project demonstrates that energy efficiency investments deliver high cost savings for large production companies. Therefore, it is worth checking the energy saving potential of possible investment measures to choose the most profitable and attractive investment.