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From waste to energy, EU backs construction of Lithuanian heat and power plant

By District Energy posted 01-17-2018 00:00


New Europe Online


On January 17, the European Commission adopted two funding decisions to support the construction of a combined heat and power plant in Vilnius designed to produce electricity and heat out of biomass and municipal waste.

According to the Commission, the plant will help diversify the Lithuanian capital’s energy sources and support the transition towards a circular economy in the region.

Over €139 million from the Cohesion Fund is now invested in the plant, in addition to a €190 million European Investment Bank (EIB) loan backed by the European Fund for Strategic Investments (EFSI), the heart of the Investment Plan for Europe, signed in December 2016.

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