News Article CTP reduces portfolio’s energy consumption
by Ákos Budai | Industrial

In order to be sustainable and environmental friendly, CTP targeted a 5 % energy consumption reduction within the CTPark portfolio in 2016. A total area of 250 000 sqm will be retrofitted until the end of the year. 


Based on energy studies and CTP’s pilot projects this 5% reduction comes down to exchanging 250,000 sqm of LED lighting. It means taking out existing lighting and replacing it with LED lighting. “There are other ways to reduce energy consumption, but LED is the fastest, has the most impact and is very interesting for our clients. Due to this invention the client’s electricity bill decreases and the return of investment is fast, with less than 2 years,“ adds Stefan de Goeij, Head of Property Management Department in CTP. 
  
Currently the company has updated 100,000 sqm and over 150,000 sqm are scheduled for Q4. This concerns different CTParks, in the Czech Republic for example: Ostrava, Bor, Plzeň, Kadaň and Hranice. Several facilities will be updated in Romania as well, mostly in Bucharest West II, but also in Timisoara and Arad. Furthermore, outside lighting in Timisoara, Bucharest and Bucharest II will also be replaced with LED lighting.
  
CTP plans to exchange 400,000 sqm of LED lighting throughout its portfolio overt the next year.