Balti upgrades district heating system with EBRD and E5P funding
Citizens of Balti, Moldova’s second-largest city, will benefit from more efficient district heating thanks to a series of investments by the heating utility CET Nord financed by the European Bank for Reconstruction and Development (EBRD) and the Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund.
According to a statement from EBRD, the improvements include:
- the installation of four combined heat and power generation plants (with a total generating electric capacity of 13.4MW and thermic capacity of 12.5MW)
- the rehabilitation of the heat generation system, including the replacement of the pumps and fans and the installation of frequency converters
- the installation of 169 individual heating substations in 130 residential buildings
- the conversion of a coal-fired heat-only boiler to biomass fuel use with a total thermic capacity of 650KW.
As a result, consumers are now able to better regulate their heat consumption and pay only for the heat they use. The new technology will also decrease operating and maintenance costs for CET Nord, improving energy efficiency and cutting carbon dioxide (CO2) emissions.
The upgrade has delivered important efficiency benefits which will improve living conditions for residents of Balti and will reduce greenhouse gas emissions. It is heart-warming to see that our joint efforts have produced tangible results for the northern capital of Moldova, said Angela Sax, EBRD Head of Moldova while attending the unveiling of the new district heating installations in Balti.
The project is a cooperation between the EBRD which has provided EUR 7 million in a loan and EUR 740 000 in a grant and the E5P multi-donor fund which has contributed with a EUR 3 million grant.
Launched by the Swedish Presidency of the EU in 2009, the E5P is bringing tangible benefits to the citizens of Moldova. The EU and several of its member states together are the largest contributor of the initiative, one of the many ways the EU is helping improve the quality of life in the country, said Marco Gemmer, the Head of Operations at the EU Delegation to the Republic of Moldova.
The E5P facilitates investments in energy efficiency and environmental projects. Active in Moldova and other Eastern Partnership countries, the E5P is funded by the European Union, as the largest donor; the Czech Republic, Denmark, Estonia, Germany, Lithuania, Norway, Moldova, Poland, Romania, Slovak Republic, and Sweden.
The EU is Moldova’s largest donor and has to date provided over EUR 1 billion in grant funding. The EBRD is the leading institutional investor in the country and to date has invested over EUR 1.3 billion through almost 130 projects. The Bank also provides business advice to local small and medium-sized enterprises and has helped about 1,000 Moldovan firms improve their performance and growth.
The Eastern Europe Energy Efficiency and Environment Partnership (E5P) fund is a EUR 206 million multi-donor fund initiated by Sweden and operating in Armenia, Belarus, Georgia, Moldova, and Ukraine. The EU is the largest overall contributor.
The E5P Fund in Moldova totals EUR 28 million and includes a EUR 1 million contribution from Moldova. The funds are to help Moldova improve energy efficiency, contributing to energy security and economic competitiveness, policy dialogue while having a positive impact on the environment.