GBE Factory
DEMO COLLECTION
Why is it a DEMO GBE FACTORY? The implementation of the present GBE Factory project will improve the quality of the life and thermal comfort of the occupants of the administrative buildings of the surrounding industry area. As a result of the implementation of this energy efficiency project, the competitiveness of the manufactured products at the fruit processing and vegetables’s greenhouse factories will be expected. As a result of the energy carrier’s costs decrease, an increase in the productivity and sales of final production in these two factories is also expected. As a result of the DEMO GBE Factory project implementation the expected annual savings of the conventional fuels used in the factory for processing fruit and vegetable’s greenhouse and administrative building are 2,500 MWh. The cost savings achieved after the project completion in will be of the amount of 250,000 EUR. In view of the sufficient remoteness from villages and towns and from places included in the national environmental network, the additional activity – utilization of the energy from biomass is a prerequisite for the realization of the investment offer in accordance with the state policy for waste management and energy policy. Other circumstances determining the expedience of the project are the following: • Valuable and fertile agro-lands are not affected; • There is theno impact on protected territories and breaking of the network of protected zones; • Enough proximity to main road and to the permanent routes of the existing infrastructure; • Remoteness from other project sites requiring zone for health protection. • The GBE Factory project cash flow analysis indicates that the project’s financial indicators are sufficient to serve debt (pay loan interest and repay loan principal) within the loan terms negotiated with the bank. • The project cash flow analysis indicates that the project has very impressive financial indicators: the project payback period is 8.0 years plus 1 year grace period, IRR is 12.0% and NPV amounts to EUR 4,800,000. • The final integrated model of GBE FACTORYs supplied with renewable energy from waste, which includes suggestions stated during GBEFACTORY project activity, make it a demonstrative case.
• 74 •