Energy Efficiency for SMEs. Rising energy costs can lead to higher production and distribution costs for businesses, eroding long-term competitiveness and profitability. SMEs are particularly vulnerable due to limited resources and tight operating margins. Cutting energy waste can be a quick way for them to reduce costs, but they often lack the knowledge, financing and dedicated personnel needed to identify efficiency opportunities and implement improvements. Potential savings can be unlocked through simple measures, such as retrofitting or replacing old equipment with new technologies, and including energy savings targets into long-term performance strategies. Local FIs can help SMEs finance energy efficiency projects through investments that often pay for themselves and also offer a healthy return over time.
What do projects involve?
-Energy efficiency in production process
i) Replacing obsolete and energy inefficient production lines
ii) Waste heat recovery
iii) Improved regulation and control of the production process
-Efficient generation of energy inputs
i) Combined heat and power production (CHP), also known as
co-generation
ii) High efficiency boilers and decentralization of heat production
iii) Improved insulation of heat/steam pipes
iv) Fuel switching and/or renewable energy utilization
-Efficient use of energy in the workplace
i) Improved regulation of indoor temperature
ii) Improved thermal insulation of buildings
iii) High efficiency lighting systems
For more information about our work see Sustainable Energy Finance or contact us.