A new sustainable tourist resort in Mongolia that uses energy efficient technologies.
A MonSEFF loan helped the owner of a Mongolian company to construct a new resort using international best practice energy efficiency technologies and reduce energy costs.
The owner of a Mongolian company, whose main business activity is development of software tools, wanted to build a tourist resort around 30 km outside Ulaanbaatar. The resort, called “White House”, was constructed using energy efficiency technologies in line with international best practices: thermal insulation layers, windows, energy efficiency lamps and heating system. Such technologies allowed an energy saving of 72% in comparison to the current market average (the baseline scenario, based on standards, practices and market of Mongolia). This new building construction exceeds the national energy efficiency standards by average 15-20% (thermal EE standards).
The company decided to use MonSEFF when constructing the new resort, with a view to using best-practice technologies to decrease energy costs. The MonSEFF team performed the project analysis, assessed the potential of energy savings, financial-technical parameters and risks.
The US$ 101,790 investment allowed the company to install energy saving technology, reducing the energy consumption by 958 MWh per year. This means energy savings will repay the investment within 4 years. Other benefits included reduced maintenance costs; optimised comfort conditions; significant reliability of the different equipment; and improved company’s brand.
The new equipment led to a reduction of the CO2 emissions by 308 tonnes per year, making a valuable input towards mitigation of negative effect of human activity on climate.
MonSEFF in Mongolia was developed and funded by the European Bank for Reconstruction and Development (EBRD).