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eeef Annual Report 2014

eeef projects aim to achieve at least 20% pri- mary energy savings on an annual basis (higher for building sector) and 20% reduction of CO2 e equivalents for transport and renewable energy projects. The quality of the methodology used to calculate the expected savings of projects is crucial. This allows eeef to ensure its projects satisfy internatio- nal standards according to CO2 e and primary ener- gy saving reporting. Due to the wide variety of technologies included within eeef’s portfolio, the Investment Manager hasdeveloped a standardized approach to calcu- lating the project energy, the primary energy and carbon savings for eeef’s most common project technologies. Report on the Energy and Greenhouse Gas Emission Savings 43