Paper mill “Ligatne” being the oldest industrial enterprise in Latvia, has had to overcome a lot of obstacles in its long history, like loss of all equipment during WWI. Despite that, it is looking for a ways to become more energy efficient. Data of production, water and fuel consumption were analyzed. The latter was chosen to have higher potential, consequently, possible improvements for boiler house were looked into. Construction of wood chip storage area with shelter was analyzed to have potential to reduce moisture level of wood chips from 50% to 40%, reducing fuel consumption by 13.6%. Laboratory measurements of wood chips gave an average moisture level of 51%, justifying the need for reduction. The total project cost estimate to build 800 m2 concrete platform with shelter proposed was found to be 74 thousand LVL. With a discount factor of 7.94%, discounted payback time is 1 to 2 years.