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Bank aus Verantwortung Financial Support for RE and EE Projects by German Financial Cooperation Donors’ Conference on Sustainable Energy for Kosovo Swiss.

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Presentation on theme: "Bank aus Verantwortung Financial Support for RE and EE Projects by German Financial Cooperation Donors’ Conference on Sustainable Energy for Kosovo Swiss."— Presentation transcript:

1 Bank aus Verantwortung Financial Support for RE and EE Projects by German Financial Cooperation Donors’ Conference on Sustainable Energy for Kosovo Swiss Diamond Hotel, Pristina May 14, 2013 René Eschemann

2 2 Financial Support for RE and EE - May 14, 2013 German Financial Cooperation with Kosovo Key Figures (in million EUR) 1999 start of German FC with Kosovo EUR 247 mln committed to Kosovo (German Governmental and KfW own Funds) EUR mln active portfolio (125 mln under implementation / 41.5 mln under preparation) EUR 60 mln mandates mobilized from other donors  Focus on infrastructure projects  Leveraging grant funds with promotional loans  Leveraging funds of other donors

3 3 Financial Support for RE and EE - May 14, 2013 How to increase renewables for Kosovo? … e.g. import via 400kV line Kosovo – Albania: the “electricity highway” Measures: › Construction of 400kV Transmission line Tirana-Prishtina, 240 km › Upgrade of respective transmission substations Kashar (Alb) and Kosovo B › FC provides EUR 33.5 mn to Kosovo [16.5 mn grant and 17 mn loan] and EUR 42 mn to Albania [interest subsidized loan] Objectives: › Optimization of the two systems Kosovo-Albania (thermal and hydro power), exchange of base and peak load › Improved access to the European grid, efficient use of regulation reserves, reduction of operation cost › Sufficient cross-border capacity for new power plant and renewables › Classified as priority infrastructure project of the Energy Community SEE Kosovo installed generation capacity (MW) Albania installed generation capacity (MW)

4 4 Financial Support for RE and EE - May 14, 2013 Energy Efficiency on demand and supply side Improvement of District Heating System in Prishtina Measures: › Implementation of Combined Heat and Power (CHP): utilization of unused waste heat of the thermal power plant for heating purposes › Refurbishment of district heating network and substations, heat meters, etc. › Institutional strengthening of the district heating company Financing: › EUR 11 mn by FC (Mixed Financing: 6 mn Grant and 5 mn KfW-Loan) › EUR 14 mn by EU (Grant) › EUR 2 mn (own contribution Municipality Prishtina) › Partial Risk Guarantee by OeEB for KfW loan › Further mandates by Sweden (EUR 2 mn) and Luxembourg (EUR 1.5 mn) Results: › 50% cost reduction of the district heating company › 50% reduction of water losses in the network system › CO 2 savings: > t/p.a. › Reduction of electricity consumption for heating purposes › Increase of overall efficiency of power plant Kosovo B › Target group: inhabitants of Prishtina + further  Significant improvement of living conditions

5 5 Financial Support for RE and EE - May 14, 2013 Electricity Consumption January and July 2011 Source: ERO  Bulk electricity demand for heating in winter  EE measures to reduce heating with electricity  EE measures to reduce electricity consumption of industry and commercial consumers

6 6 Financial Support for RE and EE - May 14, 2013 Energy Efficiency Projects under preparation Promotion of EE Investments via the Banking Sector (EUR 8 mn): › Credit lines to financial institutions in Kosovo to promote EE investments such as › building insulations, replacement of windows, heating system modernization › replacement of production machinery, fuel switching, heat recovery, utilization of renewable energy › Target group: private households and SMEs › Tailor made technical assistance for partner financial institutions › Internal and external marketing: raising awareness amongst staff and clients › Methodology to easily calculate energy and CO 2 emission savings Energy Efficiency in Public Buildings (EUR 6 mn) : › Financing of EE measures in municipal public buildings co-financed by WBIF › EE measures such as insulations, windows, heating and lightning › So far participating municipalities: Prishtina, Gjakova, Ferizaj, Gjilan Energy Efficiency in Water Company Prizren (EUR 2.5 mn) : › Financing of EE measures to reduce electricity consumption for pumped water › Restructuring of network to increase water supply through gravity

7 7 Financial Support for RE and EE - May 14, 2013 Energy Efficiency / Renewable Projects under preparation Improvement of Transmission Network (EUR 31 mn): › Rehabilitation and upgrading of substations and transmission lines › Strengthening the grid to integrate future renewable generation capacities, to increase efficiency and regional integration Improvement of District Heating in Gjakova: › Beside rehabilitation and expansion of district heating, assessment of alternative fuel switch to e.g. biomass or waste › Feasibility study under preparation by WBIF Wind and Solar Atlas: › Developing a countrywide wind and solar atlas › Identifying wind and solar potential and most promising locations  Investments in renewable generation capacities – to be tackled by private investors only? Pilot projects needed? PPP?  Huge potential in demand side Energy Efficiency – but also in the distribution network with losses around 40%

8 Bank aus Verantwortung Thank you very much for your attention! René Eschemann Director Regional Office Albania and Kosovo KfW Office Prishtina KfW Office Tirana Zija Shemsiu 6Rr. Skenderbej, N21/ Prishtina, Kosovo1000 Tirana, Albania Phone/Fax: /2Phone/Fax:


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