Western Balkans Sustainable Energy Direct Financing Facility Taylor-made financing for small Renewable Energy and industrial Energy Efficiency projects. June 2011. Content. Introduction to the WeBSEDFF Eligibility and Operational Arrangements CO 2 -based Incentive Payments
Western Balkans Sustainable Energy Direct Financing FacilityTaylor-made financing for small Renewable Energy and industrial Energy Efficiency projects
* Incentive payments will be paid upon technical completion of the investments to eligible Borrowers
Western Balkans Sustainable Energy Direct Financing Facility – a successful EBRD Model
Up to €3mio in TC funds
Project & Verification consultant provides guidance to the project sponsors and estimate and verify compliance. Develops common branding.
Additional legal consultants.
Institutional capacity building EBRD has up to €3.5mio to address deficiencies in the regulatory framework
Development of RES support mechanisms (FITs)
Preparation of primary and secondary legislation
Support to grid operators in RES integration
National RE Action Plan
Institutional capacity building
€50mio + up to €9mio for Incentive Payments
* Full list is available upon request
* Detailed information on the eligibility criteria can be provided upon request
Pre-investment phase (from 4 to 9 months )
Due Diligence and Structuring
Post-investment phase (up to 12 years )
Monitoring and Repayment
Implementation and Monitoring
IP =CO2 emissions avoided per year x Price per ton of CO2x Annuity factor
CO2 emissions avoided per year – a project specific variable
Price per ton of CO2 – a shadow price stipulated by the EBRD
Annuity factor – a variable depending on a discount rate and the number of years over which CO2 emissions reductions will be remunerated
CO2 emissions avoided per year = MW of installed capacity x Hs x C
MW of installed capacity – a project specific variable
Hs – a utilization rate parameter (annual effective hours of operation per year) that will be specified according to project type;
C – a coefficient that converts MWh of electricity generated into CO2 emissions avoided (depending on the region specific electricity generation mix). Typical values can be in the range 0.5-1.1
Improved product quality
Improved company image
Exhaust gases of common gas boilers contain a plenty of steam which consists of hydrogen from fuel and oxygen from atmosphere
Energy of that steam can be used for needs of low-temperature consumers (central heating)
For the purposes of heating the electric power is an inefficient choice
At transition to fuel heating the economy of power resources reaches up to 75 %
And even higher percentage can be reached if renewable energy sources are used.
Old systems mainly have centralized steam production and long routes of transfer,
Often in that case worked-out steam and hot condensate is not used.
the Decentralized systems and steam collectors and use of a condensate can improve the situation
The majority of old facilities still use manual management of valve gates, etc.
Modern IT technologies can improve management and the control considerably.
Use of energy at its different levels of temperature
Use of heat for heating, drying and other aims
the Scandinavian pulp and paper industry can be an example for complex utilizing of tech process heat
Work of the engine can be adjusted for corresponding load.
Economy on exceeding capacity of engines
Since insulation is not a in the focus of the Facility (maximum a complementary measure, we should better leave it
Warming of roofs, walls, floors, doors
Installation of modern windows
Installation of effective systems of heating
Installation of effective systems of ventilation and air-conditioning
Modernization of systems of illumination