Energy efficiency improving of Papadopulos and son Ltd.

The overall project objective is to increase competitiveness of Papadopulos and son Ltd. by production process optimisation and energy consumption reduction through implementation of energy efficiency measures. The specific objectives of the project are: • To increase energy efficiency in the company through energy audit by a specialised company and selection of appropriate package of measures with the greatest impact on energy efficiency improving; • To purchase and install technological equipment in implementation of the recommended measures by the energy audit report; • To optimise processes and improve resource efficiency of the production; • To increase profit through increased revenues and lower production costs for energy, materials, blanks and technological operations; • To increase the output of internal and external market through enhanced image and increased confidence among current and potential customers of the company through introduction of ISO 50001. The project envisages implementation of 5 measures to improve the energy efficiency of the company and introducing renewable energy for its own purposes as follows: - "Introducing energy-efficient water-cutting machine" - "Introducing a system for recovery of residual heat" - "Implementing the new pellets heating system" - "Introduction of automated system for monitoring energy consumption" - "Building a photo voltaic system to generate electricity for own needs" The project provides for the introduction and certification of energy management system ISO 50001. The project also provides for measures for visualisation and publicity. As a result of the project will be implemented: - Energy savings as a result of the project: 91,986 kWh / year. - Energy savings for the entire enterprise as a result of project implementation (PES): 27.7%. -Decreased Greenhouse gases 68.12 tons / yr; Energy saving 63,8%.

Comments
Leave a comment

Overview

Status Closed (completion date)
Start date 21 Aug, 2017
End date 04 Jul, 2019
Contract date 21 Aug, 2017
View in UMIS

Financial information

Total cost 451,000.00
Grant 322,710.00
Self finance 128,290.00
Total paid 303,753.89
EU participation percent 85.0%

Location