Case study - Energy efficiency - Eco Energy Dospat EAD

Eco Energy Dospat EAD is located in Blagoevgrad region of Bulgaria.
The company used the BEERECL loan to finance the construction of a biomass installation for combined heat and electricity production. The electricity produced covers the company’s own needs, while any surplus is sold to the National Electric Company. The project uses 12,9000 tons of wood waste per year.

Investment Details:

  • Total Project Cost : 1,870,795 EUR
  • KIDSF Grant : 181,380 EUR
  • Loan : 1,209,200 EUR
  • Simple Payback Period : 3.8 years
  • Internal Rate of Return : 28,36%

Estimated Annual Figures

  • Annual electricity production : 8,625 MWh
  • Annual heat energy production : 2,400 MWh
  • Wood waste consumption : 12,900 tons
  • O&M costs : 106,706 EUR

Project results

  • Lower energy costs
FilesSize
EcoEnergyDospat_RE_Biomass_Eng.pdfEcoEnergyDospat_RE_Biomass_Eng.pdf403 kB
EcoEnergyDospat_RE_Biomass_Bg.pdfEcoEnergyDospat_RE_Biomass_Bg.pdf342 kB