Energy efficiency in production - KfW's promotion harnesses potentials / KfW's Energy Efficiency Programme - Production Facilities and Processes has a remarkable impact

Frankfurt am Main (ots) -

- Financed enterprises benefit from energy cost savings worth EUR
131 million per year
- Annual reduction of 413,000 tonnes of greenhouse gas emissions
in Germany
- Financed investments secure some 19,000 jobs for a year

The energy transition in Germany cannot succeed without
significant increases in energy efficiency. The results of an
evaluation of the KfW Energy Efficiency Programme - Production
Facilities and Processes conducted by Prognos AG for the years 2015
and 2016 show that the programme makes an important contribution to
achieving the national energy reduction targets. KfW financed around
700 energy efficiency projects in commercial enterprises between 2015
and 2016. The financed projects lead to annual energy end-use savings
of 1,110 GWh, of which 130 GWh through projects financed abroad. The
financed enterprises benefit from energy cost savings of EUR 131
million per year.

"Industrial production processes account for around one fourth of
Germany's total final energy consumption. The financed projects are
impressive proof that the industrial sector still has a number of
levers that it can deploy to improve energy efficiency", said Dr Jörg
Zeuner, Chief Economist of KfW Group, adding: "The KfW Energy
Efficiency Programme supports enterprises in harnessing their energy
saving potentials while at the same time strengthening Germany's
international competitiveness."

Machinery, equipment and process technology took the highest share
of investments promoted by the KfW Energy Efficiency Programme, with
around 94%. Combined heat and power generation plants followed with a
share of 4%. The projects located in Germany which KfW financed in
2015 and 2016 reduce greenhouse gas emissions permanently by a total
of 413.000 million tonnes of CO2 equivalent per year. The investments
financed abroad over the same period avoid a further 62,000 tonnes
per year.

The KfW programme also has positive effects on employment in
Germany. The investments financed in 2015 and 2016 secured or newly
created around 19,000 jobs in Germany for a year - around half of
them in small and medium-sized enterprises.

Under the KfW Energy Efficiency Programme - Production Facilities
and Processes, KfW Group provides low-interest loans to support
commercial enterprises in implementing energy efficiency measures. It
promotes investments in production facilities, process technology,
cross-cutting technologies, heat recovery and waste heat utilisation
as well as combined heat and power plants. The programme also
finances measures abroad in addition to projects in Germany. The KfW
Energy Efficiency Programme - Production Facilities and Processes was
launched on 1 July 2015.

The Prognos AG study entitled "Ermittlung der Förderwirkungen des
KfW-Energieeffizienzprogramms Produktionsanlagen/-prozesse für die
Förderjahrgänge 2015-2016" is available in German at
www.kfw.de/evaluationen

Pressekontakt:
KfW, Palmengartenstr. 5 - 9, 60325 Frankfurt
Kommunikation (KOM), Dr Charis Pöthig,
Tel. +49 (0)69 7431 4683, Fax: +49 (0)69 7431 3266,
E-Mail: Charis.Poethig@kfw.de, Internet: www.kfw.de

Original-Content von: KfW, übermittelt durch news aktuell