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ENERGIA

CHP Business Impact Scenario

Scandic Helsinki Simonkenttä

Situated in one of Europe’s coldest climates, the 360-room Scandic Helsinki Simonkenttä encounters several challenges, including winter low seasonal demand, with average occupancy rates around 50-60% in the city. Additionally, the high cost of living and wages in Finland, along with the need for significant investments in energy-efficient technologies, presents further difficulties.

A viable solution to address these challenges could be Combined Heat & Power (CHP) systems. CHP can help reduce energy costs, particularly for electricity. In Finland, the Energia- ja ympäristötuki program offers financial support for investments in CHP systems, providing an opportunity to lower operational expenses while enhancing energy efficiency in the 108-square-foot hotel.

Key Benefits*

Energy Savings: €200,000, translating to an increase of €1.36 in RevPAR or over an additional 14,000 labor hours for the slow season to maintain service standards.
Ten-Year Value: €5.2 million, including a €3.1 million increase in asset value.
Carbon Emissions Reduction: 69%, equating to saving 361,844 liters of gasoline annually.

View the Scenario

How Will CHP Impact Your Business Performance?

Simply fill out some basic information and we will create a customized CHP Business Impact Scenario at no cost to you.

That's better than a free breakfast!

CHP Business Impact Scenarios use current energy data to make projections and exclude financing and incentives to estimate the Internal Rate of Return and Ten-Year Value. These figures are preliminary estimates, with more accurate projections to be determined by the Combined Heat & Power Primary Energy Accelerator.

Disclaimer: The CHP Business Impact Scenarios presented on this website are hypothetical and intended as examples of the potential benefits of Combined Heat and Power (CHP) systems. These scenarios are based on publicly available data, primarily from sources such as the U.S. Energy Information Administration (EIA), British Columbia Utilities Commission (BCUC), UK Department for Business, Energy & Industrial Strategy (BEIS), Deutsche Energie-Informationsdienst (EID), Statistics Finland (Tilastokeskus) and Greek Regulatory Authority for Energy (RAE). All findings and calculations have been independently derived without direct input or involvement from the property owners. Actual results may vary based on specific site conditions and operational factors.