020318_Hurghada SECAP_FINAL
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5. Assumptions and risks<br />
- The key challenge will be the mobilization of appropriate resources to fund the GMBP renovation programmes, as<br />
in many cases Governorate (Municipal) Building will not have the fund to invest at the appropriate level. This is<br />
why such a programme requires a partnership between the Governorate (Municipality) offering the guarantee<br />
that retrofitting will result in actual energy bill reduction, and the bank providing the funds. Such a plan should<br />
also include adoption of efficient cooling/heating devices. In addition, it could include the installation of solar PV<br />
panels to contribute to renewable electricity production, or/ and apply green roofs with Solar PV panels to reduce<br />
high surface temperature effect on the panels surfaces,<br />
- Organize a proper maintenance system in order to ensure best generation form PV panels and the SWH systems,<br />
yields securing interesting enough Return on Investment (R.o.I.), and<br />
- The medium to low price of diesel set by Egyptian General Petroleum Authority - EGPA (MoPMRs) is a challenge,<br />
but the Tariffs will be increased in 2018/2019 with new planned electricity and energy tariffs.<br />
6. Key success factors<br />
• The Governor’s vision and backing of promoting Sustainable Energy (RE and EE) in the city <strong>Hurghada</strong> and the Red<br />
Sea instead of using diesel and non-clean energy sources, would reduce energy consumption and mitigate GHG<br />
emission is of a vital success factor,<br />
• The Governor of Red Sea determination to seriously act on the energy issue, is obviously a vital element to the<br />
success of this action success,<br />
• Municipality determination to act comprehensively on the issue of sustainable energy (Solar PV, SWH and EE),<br />
• The approach and development of greening Governorate (Municipal) Buildings is part of the Governorates’ vision<br />
and strategy, hence would assist in reducing the annual use non-clean energy and in greening the city,<br />
• Cost of new energy tariff means that any saving will be a significant value and great savings,<br />
• The action plan is divided in three phased to make the investment visible and implementation easier,<br />
• Raised capacity of Governorate staff for implementation, and<br />
• Organize a proper maintenance system in order to ensure adequate flow of hot water from the SWH systems,<br />
yields securing interesting enough Return on Investment (R.o.I.)<br />
7. Cost estimates<br />
Technical support & Training for Municipality staff<br />
LED replacement in public buildings<br />
Air conditioning up grading<br />
Solar water heating deployment in public buildings<br />
Revolving fund for solar PV development in public buildings<br />
Revolving fund management unit (50 K€/y for 5 years)<br />
20,000 €<br />
72,000 €<br />
150,000 €<br />
92,000 €<br />
10,000,000 €<br />
250,000 €<br />
TOTAL<br />
Approximate annual cost saving (after initial investment reimbursement)<br />
- LED lamps 364 MWh/y = 3,125 €<br />
- AC conditioning 546 MWh/y = 19,656 €<br />
- SWH systems overall production equivalent to 32,400 €<br />
In addition, the Solar PV will generate an overall production equivalent to 715,000 €<br />
10,584,000 €<br />
65,181 €<br />
Additional revenues from solar<br />
PV: 715,000 €<br />
146
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