1 / 11

US Department of Energy – NZZ Workshop in Istanbul 25 th September 2012

US Department of Energy – NZZ Workshop in Istanbul 25 th September 2012. Turseff, EBRD tarafından geliştirilmiştir. Turkey Sustainable Energy Financing Facility Türkiye Sürdürülebilir Enerji Finansman Programı. Programa Destek Verenler:. Introduction.

serge
Download Presentation

US Department of Energy – NZZ Workshop in Istanbul 25 th September 2012

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. US Department of Energy – NZZ Workshop in Istanbul 25th September 2012 Turseff, EBRD tarafından geliştirilmiştir Turkey Sustainable Energy Financing Facility Türkiye Sürdürülebilir Enerji Finansman Programı Programa Destek Verenler:

  2. Introduction • A USD 260 million credit facility, developed by EBRD for investments in energy efficiency and renewable energy sector • Focus on SME Sector • Launched in July 2010 • Disbursement to date >USD 230 million • Full disbursement expected by fall 2012 What is TURSEFF

  3. Verification Consultant Project Structure Technical Assistance Loan Facility US$ 260 m How it works Implementation Team PROFITABILITY Standardised Process Residential / Small-Scale Energy Efficiency Comprehensive Assessment Commercial/Industrial Energy Efficiency & Renewable Energy Projects

  4. Loan Categories 5 Special Loan Products

  5. Eligible companies are at least 51% privately owned • Eligible companies comply with the EU criteria for SMEs: • Less than 250 employees and • Maximum turnover of EURO 50 million or • Maximum assets of EURO 43 million • Subsidiaries of larger companies are eligible as long as the subsidiary is in compliance with the SME criteria • Housing associations, which are in compliance with the SME criteria are eligible • ESCOs are eligible Who can apply for a TURSEFF loan?

  6. Project related eligibility criteria

  7. Project Performance Disbursement by Loan Category Number of Projects Value of Projects

  8. Regional Efforts • Example: SUPPLIER LOANS. To date 36 supplier loans issued, with a total value of USD 20.5 million 20 Projects in the sectors: Insulation Windows HVAC Transformers, Cogeneration PV 6 Projects in the sectors: Insulation FMCS HVAC 2 Projects in the sectors: HVAC 4 Projects in the sectors: Windows PV Insulation 4 Projects in the sectors: PV Insulation

  9. Vendor Loans • To date 24 Vendor Loans • Total value USD 43.5 million • Across various sectors: • HVAC • LED • Insulation • Expected outreach: • > 50,000 individual households • To reach this directly would have required an advertising budget of several million US$ Reaching the maximum number of households even in far-flung regions

  10. TURSEFF Results • First EPC contracts • Commended by the Turkish Energy Minister • > USD 230 disbursed • Energy Saved: Nearly 2.5 million MWh/year in primary energy • Avoided cost of imported oil: Nearly USD 131 million • Annual Carbon Emission Savings: >623,000 tons CO2eq Innovations and achievements

  11. Next Steps • USD 30 million left in total in Vakifbank and Isbank • Akbank to receive another US$ 20 million in October • EBRD announced TURSEFF II – another USD 200 million credit line startin in 2013. TURSEFF II is coming

More Related