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Installing а co-generation equipment at the boiler plant at Fedъkovich Str.
Project goal
The goal of the project is to improve efficiency of heat generation through installation of а modern energy efficiency co-generation unit.
Participants of the project
The project was initiated by DMP Ivanofrankivskteplokommunenergo. The company will be also an executor of the Project.
Measures implemented under the project
- Installing а co-generation unit based on а gas piston engine;
- Sale of extra energy to energy supplying companies.
Project benefits
- Reduce enterpriseъs electricity costs;
- Reduce enterpriseъs operation and maintenance costs;
- Reduce number of complaints from the consumers related to the weaknesses of the heat system;
- Improve the quality of heat services;
- Improve the financial state of the enterprise;
- Generate extra amount of electricity to satisfy city consumers' demands;
- Reduce GHG emissions.
Annual reduction of energy consumption
1,400 t c.e.
Annual reduction of GHG emissions
3,400 t of СО2-equivalent.
Total project cost and required investments
Total project cost is $668,800, including enterprises costs - $200,640 (30% of the project cost), debt financing - $468,160 (70% of the project cost).
Financing mechanism
Financing mechanism is the loan of а commercial bank or UKRESCO.
Project financial indicators
Indicator |
Unit
|
Value
|
Discount rate |
%
|
15
|
Net present value |
$thousand
|
1,092.5
|
Internal rate of return |
%
|
52.9
|
Simple pay back period |
Year
|
2.96
|
Discounted pay back period |
Year
|
3.48
|
Contacts of project executors
Director of DHC "Ivano-Frankivskteplokomunenergo"
Bogdan Chukhniy
Address: 59-a, B. Khmelnitsky St., Ivano-frankivsk city, 76006, Ukraine
Tel: (03422) 6-35-11, 6-04-83, fax: (03422) 6-35-11
Project developer and consultant
Agency for Rational Energy Use and Ecology
Tel: (044) 268 80 88, fax: (044) 268 84 51
e-mail: arena@arena-eco.kiev.ua