EU/EBRD
Energy Efficiency Finance Facility - EUEEFF

Annual Energy Consumption
("AEC")

The total actual energy consumption expressed in MWh in an average year for heating, cooling, ventilation, hot water preparation, lighting, appliances, machinery, etc. It is calculated as the sum of the delivered energy and the energy produced and used on site for a sub-project including renewable forms, but excluding passive gains, collected per energyware. Energy delivered back to the market is not included. In case there is a variation of the production capacity of the industry as a consequence of the implementation of the Sub-project, the Annual Energy Consumption will be calculated per Unit of Production

Annual Energy Savings
("AES")

The amount of Annual Energy Consumption expected to be saved once the Sub-project is completed, expressed in MWh. In case there is a variation of the production capacity of the industry as a consequence of the implementation of the Sub-project, the Annual Energy Savings will be calculated per Unit of Production.

Carbon Dioxide Equivalent
("CDE")

The amount in metric tons obtained by multiplying the mass of emission of each greenhouse gas by the associated Global Warming Potential (GWP) of the gas.

Emissions Level (Initial)
(“ELI”)

CDE before the investment to which the Sub-project refers is made (in metric tons). In case there is a variation of the production capacity of the industry as a consequence of the implementation of the Sub-project, the ELI will be calculated per Unit of Production.

Emissions Level (Final)
(“ELF”)

CDE after the Sub-project has been completed, production capacity adjusted (in metric tons). In case there is a variation of the production capacity of the industry as a consequence of the implementation of the Sub-project, the ELF will be calculated per Unit of Production.

Emissions Reduction Ratio
(“ERR”)

ERR = (ELI – ELF) / ELI

Energy Saving Ratio in the Industry sector
(“ESR”)

ESR = AES / AEC

Global Warming Potential
(“GWP”)

For a greenhouse gas, the value in a relative scale that estimates how much a given mass of such a gas contributes to global warning as compared with the same mass of carbon dioxide, calculated over 100 years. The values of GWP are provided by the Intergovernmental Panel on Climate Change (IPCC) Third Assessment Report (2001).

Industry Sector Indicator
(“ISI”)

ISI = ESR + ½ ERR

Unit of Production

A real or estimated unit that reasonably measures the production of the industry for which the Sub-borrower has requested financing under the EUEEFF

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