KfW Experience in Financing Grid- Connected Renewable Energy

Size: px
Start display at page:

Download "KfW Experience in Financing Grid- Connected Renewable Energy"

Transcription

1 KfW Experience in Financing Grid- Connected Renewable Energy International Grid-Connected Renewable Energy Policy Forum, Mexico City, February 1-3, 2006 Ulrich Schoppmeyer, KfW, Director Office for Central America and Mexico

2 KfW banking group Who we are and where we are: Promotional bank of the Federal Republic of Germany. Headquarters: Frankfurt am Main, 50 offices worldwide Balance sheet at the end of : EUR 341 billions*, new commitments in : EUR 69 billions*. Employees at the end of : 3, KfW bonds have been assigned the highest rating by Standard & Poor's, Moody's and Fitch Ratings. * interim figures

3 Structure and Fields of Activity Germany International Business Promotion of SME, start-ups Promotion of housing, protection of the environment and climate, education, infrastructure and social facilities Promotion of developing and transition countries Promotion of the private sector in developing and transition countries Export and Project Finance KfW Mittelstandsbank KfW Förderbank KfW Entwicklungsbank DEG - Deutsche Investitions- und Entwicklungsgesellschaft KfW IPEX-Bank EUR 15,5 bn. EUR 38.7 bn. EUR 1.9 bn. EUR 0.7 bn. EUR 12.1 bn. 3

4 KfW Förderbank (KfW promotional bank). Target group: enterprises, private individuals and municipalities in Germany. 4 With our interest reduced loan programs we promote: Housing construction and modernisation, energy conservation: Renovation and modernisation of residential buildings and use of renewable energies. Environmental protection: Promotion of investments by commercial enterprises to protect water, air and the soil and to use energy efficiently Financing of municipal infrastructure projects

5 KfW in Germany- Figures Promotion of Renewables Energies and Energy Efficiency: KfW SME bank / KfW promotional bank : Credit : 6,1 billion EUR Renewable Energy 3.6 billion EUR Energy Efficiency 2.5 billion EUR - Housing 2.2 billion EUR - Industry 0,2 billion EUR -Communities 0,1 billion EUR Impact of KfW programmes in housing from 1990 until end of : -CO2 -Reduction 10 million tons -Additional employment in jobs 5

6 Structure and Fields of Activity Germany International Business Promotion of SME, start-ups Promotion of housing, protection of the environment and climate, education, infrastructure and social facilities Promotion of developing and transition countries Promotion of the private sector in developing and transition countries Export and Project Finance KfW Mittelstandsbank KfW Förderbank KfW Development Bank DEG - Deutsche Investitions- und Entwicklungsgesellschaft KfW IPEX-Bank EUR 15,5 bn. EUR 38.7 bn. EUR 1.9 bn. EUR 0.7 bn. EUR 12.1 bn. 6

7 What Financing Services can KfW Group offer for Renewable Energies? 7 Concessionary financing (KfW Development Bank) - Financial cooperation (soft loans or grants from Government budget) - Development loans with interest rates below commercial rates (ODA-financing) - Study & Expert Fund for preparatory activities - Special Fund for Renewable Energy and Energy Efficiency (depends on country rating) - Cooperation with German Technical co-operation (GTZ) and bi- and multilateral financial institutions Commercial financing - Equity participation and mezzanine loans (DEG) - Export and project financing (IPEX-Bank) Innovative financing instruments - Carbon credits (KfW Carbon Fund)

8 KfW Development Bank ODA-Financing Energy Portfolio (Commitments 2001 incl. market funds) million , ,4 Total Energy Renewable Energy 416,7 322, ,8 178,5 149,2 97,3 102,6 33, Increasing Share of Renewable Energy Commitments 8

9 KfW Development Bank What and how much did we finance in the field of Renewables? Renewable Energy Sector Commitments (incl. capital market funds) Other RE Biomass Wind Solar Geothermal Hydro PS million Total Energy Commitments 2001-: Million EUR Total Renewable cl. Hydro: 773 Million EUR 9

10 KfW Development Bank - Examples Renewable Energy Portfolio Windparks in China, Egypt and Marocco (ca. EUR 170 million), further Windparks under preparation Geothermal power plant: Olkaria II+IV, Kenia (ca. EUR 21 million) Biogas power plant: Turkey (ca. EUR 15 million) Hydro power projects in various countries (ca. EUR 226 million) Solar power* in India, South Africa, China (ca. EUR 180 million) *partly off-grid, incl. hybrid systems 10

11 Special Facility for Renewable Energies and Energy Efficiency Means - EUR 500 million on behalf of German Government from to Loans with subsidized interest rates Eligibility - Projects using renewable energy sources (no restrictions) - Projects with significant efficiency improvements Generel Conditions - Term of up to 10 years and grace period of up to 3 years - Interest rate depending on type of project and country risk - Government Guarantee required - International competitive bidding for goods and services Status - Already commitments for 5 Projects (EUR 170 Mil.) - Further projects in the pipeline 11

12 DEG - Partner of the private sector in developing and reforming countries. Goals: - establishing and expanding private-sector structures in developing and reforming countries - setting the basis for sustainable economic growth - durably improving the quality of life of the people in developing countries Areas of promotion: - profitable, sustainable and effective projects in all economic sectors (agriculture, manufacturing, services, infrastructure) - investments in local financial market to provide reliable access to capital in the countries Forms of financing: long-term loans, mezzanine finance, equity participations, guarantees 12

13 DEG - Examples Renewable Energy Portfolio Miaoli Taiwan 49.8 MW Wind Power Plant EUR 7.5 million mezzanine () IHDC India 6 Hydro Power Stations ( 2-34 MW) EUR 8.6 million senior loan () QHW China 16 MW Wind Power Station EUR 7.7 million senior loan (2002) Sinersa Peru 15 MW Hydro Power Plant EUR 4.5 million senior loan (2002) Bozcaada Turkey 10 MW Wind Power Station EUR 0,5 million subord. loan EUR 10.0 million senior loan (2000) Enercon Brazil 15 MW Wind Power Plant EUR 6.3 million senior loan (1999) 13

14 KfW IPEX-Bank Services International project and corporate finance as well as trade and export finance. Financing products: Export Finance, Project Finance, Structured Finance, Acquisition Finance, Corporate Finance Trade Finance Examples ECA-covered local currency project finance for the first private wind power Project (Taiwan) Wind power project finance (GB, Italy, Spain, USA) ECA-covered export loans for biomass plants (Brazil) 14

15 KfW Carbon Fund Fund Volume and Acquisition Status Volume: - EUR 80 million Purpose: - Provide a service instrument for German and European enterprises wanting to use project-based certificates for compliance purposes under EU-Emissions Trading System. - Revenue source for renewable energy projects in Dev. Countries Project acquisition ongoing since June Present status: about 120 project proposals received - 20 projects prequalified, - offered volume 30 million tons CO 2 equivalents - First purchase agreement concluded in October ; two more in final stage - Conclusion of all purchase agreements until mid

16 Get in touch with us Thank you for your attention! Further Information:

Third Quarterly Report 2006.

Third Quarterly Report 2006. Third Quarterly Report 2006. KFW BANKENGRUPPE. Development of operations. In the first three quarters of 2006 the total financing volume of KfW Bankengruppe rose to EUR 51.8 billion, up by more than a

More information

To refer to the key figures as you read, please fold out the next page.

To refer to the key figures as you read, please fold out the next page. Semi-Annual Report 2006 KFW BANKENGRUPPE. Development of operations. In the first half of 2006 the volume of financing commitments made by KfW Bankengruppe was, at EUR 33.3 billion, 45 % higher than in

More information

First Quarterly Report 2005.

First Quarterly Report 2005. First Quarterly Report 2005. FIRST QUARTER AT A GLANCE. Business Development of Kf W Bankengruppe: First quarter operations went according to plan. First quarter 2005 commitments of KfW Bankengruppe totalled

More information

Investing in clean energy.

Investing in clean energy. Investing in clean energy. With our support. The Financing Products of the KfW Bankengruppe. KfW Bankengruppe Energy Sector and Policy Division, Dr. Elke Hellstern Palmengartenstraße 5-9 60325 Frankfurt

More information

First Quarterly Report 2008.

First Quarterly Report 2008. First Quarterly Report 2008. KFW BANKENGRUPPE. At the beginning of the year 2008 KfW adapted the reporting system of KfW Bankengruppe to take better account of the greater need for information about its

More information

Water Projects in German Development Cooperation Finance matters!

Water Projects in German Development Cooperation Finance matters! Water Projects in German Development Cooperation Finance matters! Overview KfW Entwicklungsbank - Who we are KfW Entwicklungsbank and R&D in the water sector Finance as core challenge 23 60 Years of KfW

More information

1. Deutsch Türkisches Innovationsforum Energie 2013 Finanzierung von EE in der Türkei

1. Deutsch Türkisches Innovationsforum Energie 2013 Finanzierung von EE in der Türkei 1. Deutsch Türkisches Innovationsforum Energie 2013 Finanzierung von EE in der Türkei Dr. Peter Thimme Director Europe / Middle Ease / Central Asia Berlin, 20. 21. November 2013 DEG at a glance Facts and

More information

Third Quarterly Report 2008.

Third Quarterly Report 2008. Third Quarterly Report 2008. KFW BANKENGRUPPE. KfW Bankengruppe s financing business remained strong in the third quarter of 2008. Although the financial crisis placed an additional burden on the already

More information

Semi-Annual Report 2008.

Semi-Annual Report 2008. Semi-Annual Report 2008. KFW BANKENGRUPPE. KfW s financing remains high. In the first half of 2008 KfW Bankengruppe was again able to keep its financing activities at the previous year's high level. This

More information

Financing Wind Energy in Emerging Markets and Developing Countries

Financing Wind Energy in Emerging Markets and Developing Countries Financing Wind Energy in Emerging Markets and Developing Countries Dr. Jens Drillisch GIZ Renewable Energy Week Berlin, 26 th September 2012 KfW's promotional activities worldwide Tasks of the different

More information

German Financing of Vocational Education Projects in China

German Financing of Vocational Education Projects in China German Financing of Vocational Education Projects in China Mr. Jens B. Bessai (Head of Division) KfW Beijing, September 16, 2014 Bank aus Verantwortung Introduction to KfW Financing with a public mission

More information

Promoting Energy Efficiency in housing. KfW s experience and best practice

Promoting Energy Efficiency in housing. KfW s experience and best practice Promoting Energy Efficiency in housing KfW s experience and best practice KfW Bankengruppe Financing with a public mission Promotional bank of the Federal Republic of Germany Founded in 1948 as Kreditanstalt

More information

More than just finance: DEG at a glance

More than just finance: DEG at a glance Promoting entrepreneurial initiative More than just finance: DEG at a glance Creating added value for development DEG, a subsidiary of KfW, finances investments of private enterprises in developing and

More information

The Renewable Energy Sector in Cyprus

The Renewable Energy Sector in Cyprus Energie The Renewable Energy Sector in Cyprus Dr. Isabelle Riesenkampff, German Energy Agency (dena) Cologne, 29 November 2010 Conference Solar Industry in the Republic of Cyprus Outline: The Renewable

More information

Power to Change. DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh

Power to Change. DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh DEG: Renewable Wir finanzieren Energy Finance Chancen. DEG Deutsche Investitions- und Entwicklungsgesellschaft mbh Spezialist für Wachstumsfinanzierung in Entwicklungs- und Schwellenmärkten Power to Change

More information

Institutions Type Activity

Institutions Type Activity Sıra Recipient Party Description Contributing Party Institutions Type Activity Amount (millions) Currency Report Implementation Period 1 Turkey The training for optimal power generation for peak demand

More information

Financing Renewables and Energy Efficiency Projects in Developing Countries

Financing Renewables and Energy Efficiency Projects in Developing Countries Mobilising Private Capital to reduce Climate Change Instruments and Policies to mobilise International Green Energy Investment Berlin June 29-30, 2010 Financing Renewables and Energy Efficiency Projects

More information

Media Tour to Germany s KfW Energy efficiency Programme

Media Tour to Germany s KfW Energy efficiency Programme Media Tour to Germany s KfW Energy efficiency Programme Introduction of KfW Bankengruppe 8 th November 2012 Bank aus Verantwortung More than 60 years of KfW Financing with a public mission Promotional

More information

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center)

International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) International Solar Energy Arena January 23rd, 2009, Istanbul STEAM (Strategic Technical Economic Research Center) Good morning. Sayin Bakanım. Members of Parliament. Ladies and Gentlemen. Slide 1: Opening

More information

Partnering and Financing Opportunities for Biogas Projects in Developing and Emerging Countries

Partnering and Financing Opportunities for Biogas Projects in Developing and Emerging Countries Partnering and Financing Opportunities for Biogas Projects in Developing and Emerging Countries Clemens Findeisen Consultant for Development Cooperation German Biogas Association Berlin, October 14th,

More information

We endorse a comprehensive approach to address all greenhouse gas emissions. We recognise the importance of increasing energy efficiency

We endorse a comprehensive approach to address all greenhouse gas emissions. We recognise the importance of increasing energy efficiency JOINT STATEMENT BY THE G8 ENERGY MINISTERS, THE EUROPEAN ENERGY COMMISSIONER, THE ENERGY MINISTERS OF BRAZIL, CHINA, EGYPT, IN- DIA, KOREA, MEXICO, SAUDI ARABIA, AND SOUTH AFRICA The Energy Ministers of

More information

KfW Financing education, the foundation for future economic growth

KfW Financing education, the foundation for future economic growth KfW Financing education, the foundation for future economic growth Investment Plan for Europe and Education: Joint Event European Commission and European Investment Bank Kerstin Kiehl First Vice President,

More information

Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency

Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency RENEWABLE ENERGY INDUSTRIAL ENERGY EFFICIENCY BUILDING ENERGY EFFICIENCY Financing Energy Efficiency and Renewable Energy through the India Renewable Energy Development Agency A RANGE OF FINANCIAL SUPPORT

More information

Financing of Wind Projects: IFC s Perspective. Walid Labadi 2nd IEL-ANADE May, 2012

Financing of Wind Projects: IFC s Perspective. Walid Labadi 2nd IEL-ANADE May, 2012 Financing of Wind Projects: IFC s Perspective Walid Labadi 2nd IEL-ANADE May, 2012 IFC was established in 1956 to promote private sector development and is a member of the World Bank Group IFC Power Sector

More information

KfW Kommunalbank. New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant

KfW Kommunalbank. New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant KfW Kommunalbank New Funding for Integrated Urban Development and Energetic Refurbishment: Urban Energy Efficiency Rehabilitation Grant Dr. Kay Pöhler KfW Bankengruppe, Germany Urb.Energy Final Conference

More information

Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA)

Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) Oct. 2012 Institutional framework: Establishing NREA (1986) The national focal point to develop and introduce

More information

Germany's energy transition: Status quo and Challenges.

Germany's energy transition: Status quo and Challenges. Ulrich Benterbusch Germany's energy transition: Status quo and Challenges. 2 nd Session Group of Experts on Renewable Energy, UNECE, Geneva 1 Agenda. Energy transition: Status quo and official goals. German

More information

Germany's renewable energy sector in the context of energy transition.

Germany's renewable energy sector in the context of energy transition. Oliver Frank Germany's renewable energy sector in the context of energy transition. May 11 th, Hong Kong 1 Agenda. About dena Energy transition / main trends in the German energy sector Renewable Energies

More information

Climate finance as an instrument to enhance renewable energy technologies

Climate finance as an instrument to enhance renewable energy technologies Climate finance as an instrument to enhance renewable energy technologies Dr. Karla Solís-García Team Lead Regional Collaboration Centre St. George s 18 September 2013 CARILEC Renewable Energy Forum September,

More information

Developing solar in emerging markets

Developing solar in emerging markets Developing solar in emerging markets Swedbank Conference March 17, 2016 Our values Predictable Driving results Change makers Working together Disclaimer The following presentation is being made only to,

More information

Financing renewable energies. The role of the banking sector

Financing renewable energies. The role of the banking sector Financing renewable energies The role of the banking sector Milan, 20 June 2014 UniCredit at a glance Key figures (March 2014) UniCredit is a leading European commercial bank with an international network,

More information

KfW Development Bank. German Financial Cooperation with Developing Countries. Bank aus Verantwortung

KfW Development Bank. German Financial Cooperation with Developing Countries. Bank aus Verantwortung KfW Development Bank German Financial Cooperation with Developing Countries Bank aus Verantwortung More than 60 years of KfW Financing with a public mission Promotional bank of the Federal Republic of

More information

North Carolina Renewable Energy Market Performance and Policy

North Carolina Renewable Energy Market Performance and Policy North Carolina Renewable Energy Market Performance and Policy Ivan Urlaub Executive Director NC Sustainable Energy Association 2013 NC Sustainable Energy Conference April 16, 2013 Raleigh, NC Registered

More information

Sustainability in KfW s Portfolio Management

Sustainability in KfW s Portfolio Management Sustainability in KfW s Portfolio Management August 2013 Bank aus Verantwortung Motivation of KfW New corporate claim: Responsible Banking Responsible Banking implies: Reinforcing growth: Financing for

More information

JOINT PRESS RELEASE. ERA and GET FiT announce the first 20 MW of Solar Photovoltaic (PV) projects to be developed in Uganda

JOINT PRESS RELEASE. ERA and GET FiT announce the first 20 MW of Solar Photovoltaic (PV) projects to be developed in Uganda ERA and GET FiT announce the first 20 MW of Solar Photovoltaic (PV) projects to be developed in Uganda Kampala, December 10, 2014 18:00 The Electricity Regulatory Authority (ERA) in cooperation with GET

More information

Investing in renewable energy Challenges and opportunities from an international perspective

Investing in renewable energy Challenges and opportunities from an international perspective Investing in renewable energy Challenges and opportunities from an international perspective Agenda Deutsche Bank s experience in financing renewable energy projects Green Finance Products - Case studies

More information

Renewable Energy. IFC s Approach. September 2011

Renewable Energy. IFC s Approach. September 2011 Renewable Energy IFC s Approach September 2011 Table of Contents IFC Who We Are, What We Do IFC and Renewable Energy Investment Experience and Deal Criteria Other IFC Products and Services 2 IFC Who We

More information

Tina Völker, Renewables Academy AG (RENAC) TREE-Project: Transfer Renewable Energy & Efficiency International Capacity Building

Tina Völker, Renewables Academy AG (RENAC) TREE-Project: Transfer Renewable Energy & Efficiency International Capacity Building Tina Völker, Renewables Academy AG (RENAC) TREE-Project: Transfer Renewable Energy & Efficiency International Capacity Building RENAC Renewables Academy Trainings Academic courses Services Client specific

More information

Winning Support for Wind Farms

Winning Support for Wind Farms Sustainable Energy Best Practice in the European Regions Eco Centre Wales Tobias Cossen Project Manager International Markets Marketing & Acquisition 100% Renewable Energies juwi Holding AG Content 1.

More information

KfW Development Bank: Our Activities in Turkey

KfW Development Bank: Our Activities in Turkey KfW Development Bank: Our Activities in Turkey KfW Office Ankara Bank aus Verantwortung We Are Part of KfW Bankengruppe Domestic promotion International business We promote Germany We ensure internationalisation

More information

New and Renewable Energy Policy in Republic of Korea

New and Renewable Energy Policy in Republic of Korea New and Renewable Energy Policy in Republic of Korea April 26th, 2010 Sanghoon Lee Research Fellow Climate Change Research Center Sejong University, Korea UTLINE Ⅰ. Energy Situation and NRE Status in Korea

More information

POLAND: National Fund for Environmental Protection and Water Management activities in climate protection

POLAND: National Fund for Environmental Protection and Water Management activities in climate protection POLAND: National Fund for Environmental Protection and Water Management activities in climate protection National Fund for Environmental Protection and Water Management, Poland Green Investment Scheme

More information

World Economic Forum Insurance and Asset Management Council. Joachim Faber. Low Carbon Economy Finance Paper Q4 2011

World Economic Forum Insurance and Asset Management Council. Joachim Faber. Low Carbon Economy Finance Paper Q4 2011 World Economic Forum Insurance and Asset Management Council Joachim Faber Low Carbon Economy Finance Paper Q4 2011 Frankfurt / Munich, Oct 2011 Introduction The Low Carbon Economy and Finance by the Insurance

More information

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities

SECTOR ASSESSMENT (SUMMARY): ENERGY. 1. Sector Performance, Problems, and Opportunities Country Operations Business Plan: Philippines, 2013 2015 SECTOR ASSESSMENT (SUMMARY): ENERGY 1. Sector Performance, Problems, and Opportunities 1. Challenges. Economic growth has been impeded in the Philippines

More information

Regulation by the Feed-in Tariff: Experiences from Germany

Regulation by the Feed-in Tariff: Experiences from Germany Solar Power International 08 Panel Technology & Regulation: How to do it Right 16th October 2008, San Diego, California, USA Regulation by the Feed-in Tariff: Experiences from Germany Gerhard Stryi-Hipp

More information

Experiences with the KfW program Energy Efficient Renewal of Urban Areas

Experiences with the KfW program Energy Efficient Renewal of Urban Areas Experiences with the KfW program Energy Efficient Renewal of Urban Areas Integrated Concepts for Urban Areas Conference Vilnius, 24/25 September 2015 Dr. Kay Pöhler Vice President Product Management Infrastructure

More information

Solar Power: Photovoltaic Systems for a Variety of Applications. Christian Hinsch Director Corporate Communications juwi Holding AG

Solar Power: Photovoltaic Systems for a Variety of Applications. Christian Hinsch Director Corporate Communications juwi Holding AG Solar Power: Photovoltaic Systems for a Variety of Applications Christian Hinsch Director Corporate Communications juwi Holding AG Contents 1. We make it happen 1.1 Our Vision & Our Services 1.2 juwi at

More information

Appendix 1: Full Country Rankings

Appendix 1: Full Country Rankings Appendix 1: Full Country Rankings Below please find the complete rankings of all 75 markets considered in the analysis. Rankings are broken into overall rankings and subsector rankings. Overall Renewable

More information

Itämeren alueen energiahaasteet yhteinen etu vai riesa?

Itämeren alueen energiahaasteet yhteinen etu vai riesa? Itämeren alueen energiahaasteet yhteinen etu vai riesa? Itämeri-foorumi 2012 Turku 7.6.2012 Harro Pitkänen 13 JUNE 2012 NIB - Basic information Founded by the Nordic countries in 1975 (active since 1976)

More information

New business segments for the energy saving industry Energy efficiency and decentralised energy systems in the building & housing sector

New business segments for the energy saving industry Energy efficiency and decentralised energy systems in the building & housing sector New business segments for the energy saving industry Energy efficiency and decentralised energy systems in the building & housing sector Workshop on ESCOs Energy Service Companies March 28-29, 2012, Ramat

More information

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS

RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS RENEWABLE ENERGY DEVELOPMENT IN LITHUANIA ACHIEVEMENTS AND DRAWBACKS Ieva Kuodė Ministry of Energy of the Republic of Lithuania SOLINVEST 2015-06-02 RES TARGETS BY 2020 23% the share of energy from renewable

More information

ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects

ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects SAIREC October 05, 2015 ACCELERATING RE DEPLOYMENT ON SIDS Accessing Financing for Projects - Mónica Arévalo Calsina - GEEREF in a nutshell Unique strategy Fund of Funds, investing in specialised private

More information

Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level

Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level Leveraging EU Funds with the Market Financing Instruments for Energy Efficiency at EU / National Level Johannes Feist, KfW European Parliament, Brussels, 4 October 2011 Leveraging EU Funds with the Market

More information

Energy Situation in Egypt

Energy Situation in Egypt Energy Situation in Egypt Egypt has traditionally been a net exporter of energy. Until the late 1990s, it exported oil, but oil production has declined from its peak in the early 1990s, and now roughly

More information

Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility

Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Sustainable and Renewable Energy Development Authority (SREDA) of Bangladesh Role and Responsibility Welcome to SREDA Siddique Zobair Member (EE & C) Sustainable & Renewable Energy Development Authority

More information

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency

Renewable Energy Strategy for 2020 and Regulatory Framework. Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Renewable Energy Strategy for 2020 and Regulatory Framework Eng. Hatem Amer Egyptian Electric Regulatory and Consumer Protection Agency Objectives of the Agency Regulate, supervise, and control all matters

More information

by Dr. Reinhard Loske

by Dr. Reinhard Loske by Dr. Reinhard Loske Former State Minister for Environment and European Affairs, Free Hanseatic City of Bremen (2007-2011) Former Member of Parliament in the German Bundestag (Federal Parliament) and

More information

PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR

PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR PROMOTING RENEWABLE ENERGY THROUGH THE PRIVATE SECTOR PATRICK WILLEMS IFC EUROPE AND CENTRAL ASIA DEPARTMENT RUSSIA RENEWABLE ENERGY PROGRAM 01 October 2015 IFC: A MEMBER OF THE WORLD BANK GROUP IBRD IDA

More information

Translating legislation into innovative energy services

Translating legislation into innovative energy services Translating legislation into innovative energy services Executive Training Programme for Tomorrow s Energy Decision Makers 08 May 2013, Brussels Dr. Eberhard Meller, Senior Counselor, EWE Brussels Office

More information

Renewable Energy in Egypt. October 2013

Renewable Energy in Egypt. October 2013 Renewable Energy in Egypt October 2013 Contents National Bank of Egypt NBE Vision & Strategy Finance Incentives Wind Farm Energy Solar Energy Potential role of NBE 2 NBE stands on very solid pillars Oldest

More information

KNX city solutions and case studies

KNX city solutions and case studies KNX city solutions and case studies Applications of KNX in Smart City environments Rev.1 K N X The worldwide STANDARD for home and building control KNX is the Standard CENELEC EN 50090 the only European

More information

EU Regional Blending Facilities and Private Sector Investments

EU Regional Blending Facilities and Private Sector Investments EU Regional Blending Facilities and Private Sector Investments Innovative Development Finance Workshop Margareta McConnell 8 May 2015 EU Regional Blending Facilities 2 Potential Sources of Private Finance

More information

Norfund: Investing in renewables. 1 September 2011

Norfund: Investing in renewables. 1 September 2011 Norfund: Investing in renewables 1 September 2011 Norfund Became operational in 1998 Invests in commercial enterprises in developing countries Invests on commercial terms, always with partner(s) and normally

More information

Energy Efficiency in Ukraine: EBRD Experience

Energy Efficiency in Ukraine: EBRD Experience Energy Efficiency in Ukraine: EBRD Experience Jan-Willem van de Ven Associate Director, Head of Carbon Market Development Energy Efficiency and Climate Change, EBRD Contents Energy efficiency in Ukraine

More information

2007 Earnings Presentation February, 26th 2008

2007 Earnings Presentation February, 26th 2008 2007 Earnings Presentation February, 26th 2008 With the sun we produce thermoelectric and photovoltaic electric energy With biomass we produce ecologic biofuels and animal feed With wastes produce new

More information

INVESTING IN A TRANSITIONING SECTOR

INVESTING IN A TRANSITIONING SECTOR INVESTING IN A TRANSITIONING SECTOR Eurelectric conference Jon Moore, CEO NEW INVESTMENT IN CLEAN ENERGY 24-14 ($BN) 32% 17% $318bn -7% $294bn 16% -9% $31bn.5% $272bn $268bn 17% 46% 36% $175bn $25bn $26bn

More information

Green-e Climate Stakeholder Process Voluntary GHG Project Certification Programs

Green-e Climate Stakeholder Process Voluntary GHG Project Certification Programs VOLUNTARY GHG PROJECT CERTIFICATION PROGRAMS This document provides information to stakeholders about the Gold Standard, a voluntary GHG project certification program. This document is distributed to stakeholders

More information

THE DIVEST-INVEST MOVEMENT STOPPING CLIMATE CHANGE BY MOVING THE TRILLIONS TBLI EUROPE NOVEMBER 2015

THE DIVEST-INVEST MOVEMENT STOPPING CLIMATE CHANGE BY MOVING THE TRILLIONS TBLI EUROPE NOVEMBER 2015 THE DIVEST-INVEST MOVEMENT STOPPING CLIMATE CHANGE BY MOVING THE TRILLIONS TBLI EUROPE NOVEMBER 2015 1 Global environment deteriorates further with growth global energy consumption, CO 2 emissions and

More information

innovative technologies

innovative technologies Germany The Right Country for Investments Investments in renewable energy and innovative technologies GODD Energy A company of the GODD GROUP Operates in three strategically important sectors: Media Real

More information

Climate Investment Funds. December 1, 2008 1

Climate Investment Funds. December 1, 2008 1 December 1, 2008 1 Approved on July 1, 2008 September 26 pledging meeting 10 donor countries took part Currently 12 donors Approximately US$6.2 billion 2 Design Principles Partnership amongst the MDBs

More information

The levy control framework (LCF) & contracts for difference (CfD) allocation what it means for the low-carbon generation mix

The levy control framework (LCF) & contracts for difference (CfD) allocation what it means for the low-carbon generation mix The levy control framework (LCF) & contracts for difference (CfD) allocation what it means for the low-carbon generation mix Gareth Redmond 24 th September, 2014 Paid for through energy bills costs passed

More information

Low Carbon and Environmental Goods and Services: an industry analysis. Update for 2008/09

Low Carbon and Environmental Goods and Services: an industry analysis. Update for 2008/09 Low Carbon and Environmental Goods and Services: an industry analysis Update for 2008/09 Innovas Solutions Ltd March 2010 In partnership with 1 Copyright Crown copyright, 2010 The views expressed within

More information

Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels

Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels international energy agency agence internationale de l energie Energy Efficiency Indicators for Public Electricity Production from Fossil Fuels IEA Information paper In Support of the G8 Plan of Action

More information

GERMANY AS A SOLAR ROLE MODEL FOR THE WORLD?

GERMANY AS A SOLAR ROLE MODEL FOR THE WORLD? GERMANY AS A SOLAR ROLE MODEL FOR THE WORLD? Eicke R. Weber, Fraunhofer-Institute for Solar Energy Systems ISE and Albert-Ludwigs University, Freiburg, Germany Paths towards a New Energy Market Design

More information

Business Opportunities Seminar

Business Opportunities Seminar Business Opportunities Seminar In Finland, Norway, Denmark, Ireland and The Netherlands (22 29 September 2015) Presented by: Rustam Abdukayumov Senior Procurement Specialist Operations Services and Financial

More information

Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa

Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa Climate Resilient Low Emission Development Strategies: A Regional Overview of Africa John Yeboah Project Officer, ECREEE April 17, 2015 Marrakech, Morocco Developmental challenges in Africa African Countries:

More information

EEU Perspectives towards more Sustainable Energy Sector in Egypt

EEU Perspectives towards more Sustainable Energy Sector in Egypt EEU Perspectives towards more Sustainable Energy Sector in Egypt Energy Efficiency Unit (EEU) January 21, 2014 The Challenge Energy Supply/Demand Deficit is expected to reach (30-50) Mtoe between (2022-2030)

More information

ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE

ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE ORGANIZATION CHART OF MINISTRY OF ELECTRICITY & RENEWABLE ENERGY MoERE Egyptian Electricity Holding Company EEHC Egyptian Electricity Transmission Company EETC Egyptian Electricity Distribution Company

More information

International Workshop on Renewable Energy Policies in Developing Countries, November 22-23, 2010 Washington, DC

International Workshop on Renewable Energy Policies in Developing Countries, November 22-23, 2010 Washington, DC RENEWABLE ENERGY in MENA Region: Assets and Challenges Mustapha Taoumi, Project Officer, MENA Region Contents 1. Worldwide situation 2. Potential in MENA countries 3. Actual situation 4. Assets 5. Challenges

More information

Activities of the UNFCCC Regional Collaboration Centre in the Caribbean

Activities of the UNFCCC Regional Collaboration Centre in the Caribbean Activities of the UNFCCC Regional Collaboration Centre in the Caribbean Karla Solís Team Lead, Regional Collaboration Centre St. George s St John s, Antigua 10-11 June 2014 CDM Regional Collaboration Centre,

More information

The Role of a Pension Fund in Renewable Energy Investments. Transformational NAMA in the Renewable Energy Sector May 2013

The Role of a Pension Fund in Renewable Energy Investments. Transformational NAMA in the Renewable Energy Sector May 2013 The Role of a Pension Fund in Renewable Energy Investments Transformational NAMA in the Renewable Energy Sector May 2013 PensionDanmark at a Glance Industry-wide pension fund established in the early 1990

More information

Fact Sheet on China s energy sector and Danish solutions

Fact Sheet on China s energy sector and Danish solutions Fact Sheet on China s energy sector and Danish solutions 1. EXPANSION WITH RENEWABLE ENERGY: China focuses on a massive expansion with non fossil energy that is renewable energy and nuclear energy. The

More information

RENEWABLE ENERGY IN EGYPT

RENEWABLE ENERGY IN EGYPT Arab Republic of Egypt Ministry of Electricity & Energy New & Renewable Energy Authority (NREA) RENEWABLE ENERGY IN EGYPT Strategies, Achievements and Plans Eng. Mohamed Gamal Chief Engineer of Solar Thermal

More information

Modern insurance solutions protect innovative technologies RENEWABLE ENERGY

Modern insurance solutions protect innovative technologies RENEWABLE ENERGY Modern insurance solutions protect innovative technologies RENEWABLE ENERGY Your projects secure the future we ensure they happen Focus on the renewable energy sector has never been higher. Due to the

More information

WIND AND RENEWABLE ENERGY

WIND AND RENEWABLE ENERGY WIND AND RENEWABLE ENERGY Integrating Wind and Hybrid Generation for Energy Security SA Cities Network Spier 14 May 2008 Bulk generation technologies Challenge is to think creatively and develop new partnerships

More information

Investor day. November 17, 2010. Power business Julio Rodriguez Executive Vice President

Investor day. November 17, 2010. Power business Julio Rodriguez Executive Vice President Investor day November 17, 2010 Power business Julio Rodriguez Executive Vice President Power: Business strategic domain Centralized generation Residential Residential Industries Non Residential Transmission

More information

Energy Policies in Chile. Jorge Ferrando Empresas Copec

Energy Policies in Chile. Jorge Ferrando Empresas Copec Energy Policies in Chile Jorge Ferrando Empresas Copec Empresas Copec 99,98% 100,00% 99,05% 39,83% 81,93% 100,00% June 24, 2014 17.180 58,90% 40,80% 12,00% 51,00% 66,80% 30,64% 99,89% 50,00% Business Sectors

More information

Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up?

Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up? energy facts Jeda Villa Bali lets.book Solar power panels in Indonesia. Geothermal power station in Tuscany, Italy. Delivering On Renewable Energy Around The World: How Do Key Countries Stack Up? by Jake

More information

Renewable Development Funds Guidelines - 2016

Renewable Development Funds Guidelines - 2016 - 2016 Clean Wind and Green Source Development Funds Thank you for your interest in PGE s Renewable Development Fund program - a program made possible by contributing customers participating in Portland

More information

Project Management for electrical Generation: Geothermal Energy in Combination with other Sources of Renewable Energy

Project Management for electrical Generation: Geothermal Energy in Combination with other Sources of Renewable Energy Project Management for electrical Generation: Geothermal Energy in Combination with other Sources of Renewable Energy Rüdiger Pötter Business Line Manager Geothermal Pöyry Energy GmbH, Hamburg Global Experts

More information

Issue. September 2012

Issue. September 2012 September 2012 Issue In a future world of 8.5 billion people in 2035, the Energy Information Administration s (EIA) projected 50% increase in energy consumption will require true all of the above energy

More information

Financing Renewable Energy in Developing Countries. Presentation to the ABA By Judy Siegel, President, Energy & Security Group April 19, 2006

Financing Renewable Energy in Developing Countries. Presentation to the ABA By Judy Siegel, President, Energy & Security Group April 19, 2006 Financing Renewable Energy in Developing Countries Presentation to the ABA By Judy Siegel, President, Energy & Security Group April 19, 2006 Presentation Overview Focus is on renewable energy financing

More information

The Status of Nuclear Power in the World Before and After Fukushima

The Status of Nuclear Power in the World Before and After Fukushima The Status of Nuclear Power in the World Before and After Fukushima Mycle Schneider International Consultant on Energy and Nuclear Policy, Paris, France Institute for Sustainable Development, Contact:

More information

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute

APO COE on GP Model: Green Energy. Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute APO COE on GP Model: Green Energy Dr. Jyh-Shing Yang Senior Supervisor Industrial Technology Research Institute Presentation Outline Taiwan Green Energy Achievements Green Energy Technical Services Future

More information

"Renewable Energy and Energy Efficiency" Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors

Renewable Energy and Energy Efficiency Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors "Renewable Energy and Energy Efficiency" Innovative policies and financing instruments for the EU's Southern and Eastern Neighbors Speech of H.E. Dr. Hassan Younes Minister of Electricity & Energy, Egypt

More information

Nordex SE Annual Results 2013

Nordex SE Annual Results 2013 Nordex SE Annual Results 2013 Frankfurt 24 March 2014 AGENDA 1. Highlights 2013 Dr. Jürgen Zeschky 2. Market success and operating milestones Dr. Jürgen Zeschky 3. Business development and key figures

More information

Bond Financing for Renewable Energy

Bond Financing for Renewable Energy Bond Financing for Renewable Energy 21 July 2015 Energy Studies Institute, Singapore Thiam Hee Ng, Senior Economist Asian Development Bank Outline Introduction Why Bonds? Trends in Bond Issuance from the

More information

The role of OTP Bank in energy efficiency including renewable sources of energy, and ESCO financing

The role of OTP Bank in energy efficiency including renewable sources of energy, and ESCO financing The role of OTP Bank in energy efficiency including renewable sources of energy, and ESCO financing presented by Dr. Éva Weöres 24-26 May, 2004 Geneva 1 Introduction of OTP Bank Largest commercial bank

More information

Steady increase of global market value

Steady increase of global market value Steady increase of global market value (in Billion US$) 176 $180 Other project-based Other allowances Secondary CER 135 144 159 Primary CER post-2012 $120 Primary CER pre-2013 EU Allowances 63 $60 31 11

More information

Saxony- Anhalt. German State of Renewable Energy. Finnish-German Energy Day, Helsinki

Saxony- Anhalt. German State of Renewable Energy. Finnish-German Energy Day, Helsinki Saxony- Anhalt German State of Renewable Energy IMG Investment and Marketing Corporation Saxony-Anhalt D-39104 Magdeburg www.invest-in-saxony-anhalt.com IMG 1 Finnish-German Energy Day, Helsinki Saxony-Anhalt:

More information