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EIB provides €43 million financing for modernisation of Vilnius’ heating network

By District Energy posted 04-06-2022 09:47

  

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Summary

The European Investment Bank (EIB) and AB Vilniaus Šilumos Tinklai (VŠT) have signed a long-term credit agreement of up to €43 million to finance the modernisation of Vilnius' heating network. This will not only ensure that Vilnius residents have access to a more reliable heat supply, but will also contribute to environmental protection. The investment programme will help to improve energy efficiency and reduce the emission of greenhouse gases and other airborne pollutants.

Technically speaking, some 17 km of old pipelines will be replaced with modern, pre-insulated ones. Worn-out pipelines from the last century are currently causing major heat loss and increasing the risk of accidents. Additionally, 4 km of new pipelines will provide energy efficiency gains by connecting newly built houses and service buildings to the network.

As part of the project, a biomass combined heat and power plant with a capacity of 6 MWth and 2.6 MWel will be installed together with a solar energy collector. VŠT will also install an absorption heat pump to increase the efficiency of the biomass boiler.

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