Electricity

Slovenia, Bulgaria receive EUR 76 million in EU financing for cross-border power lines

Published

January 24, 2019

Country

Comments

comments icon

0

Share

Published:

January 24, 2019

Country:

Comments:

comments icon

0

Share

EU Member States have approved EUR 48.2 million in aid under the Connecting Europe Facility (CEF) to Slovenian transmission system operator (TSO) ELES for the construction of the first power line between Slovenia and Hungary, as well as EUR 28.6 million to Bulgarian TSO ESO for the construction of the power line between Bulgaria and Greece.

The overall investment in the interconnection line between Žerjavinec (Croatia)/Heviz (Hungary) and Cirkovce (Slovenia) is expected to reach EUR 102.5 million and in the power line between Maritsa East 1 (Bulgaria) and Nea Santa (Greece) EUR 56 million.

The Member States’ vote concerns EUR 800 million in CEF financial aid for studies and works for a total of 14 projects, including 7 for electricity, 2 for smart grids, 2 for CO2 cross-border transportation and 3 for gas, the European Commission said in a press release, adding that electricity and smart grids received EUR 504 million.

These projects were selected under the call for proposals launched in June and closed in October 2018.

The cross-border project implemented by ELES envisages the construction of the 80.5 km long double circuit 400kV overhead line Cirkovce-Pince and the new 400 kV Cirkovce substation, both in Slovenia.

The new double 400 kV OHL will be connected to one circuit of the existing double circuit 400kV OHL Heviz (Hungary)-Žerjavinec (Croatia).

According to ENTSO-E, the project will establish two new cross-border lines – Heviz-Cirkovce and Cirkovce-Žerjavinec.

Slovenia, Hungary, Italy get access to markets in the east

The project will allow Slovenia, Hungary, Italy and surrounding countries to access energy markets in the east, including import, and improve reliability and security of supply, ELES said in its project documentation.

The project is also essential for the successful completion of the smart grid project SINCRO.GRID, ENTSO-E said.

The project implemented by ESO concerns the construction of a new AC 400 kV interconnection line between Bulgaria and Greece and new AC 400 kV lines at the south of Bulgaria.

The power line is 122 km long on the Bulgarian territory and 29 km on the Greek territory, ESO said in a press release.

According to ENTSO-E, the new power lines will contribute to the reduction of electricity prices for consumers in the south part of the region by providing access to cheaper sources of generation in the north-east part. The project will also increase the integration of renewables in the north part of Greece.

Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

Romania calls agricultural food firms apply solar wind power grants

Romania calls agricultural, food firms to apply for solar, wind power grants

25 December 2024 - The Agency for Financing Rural Investments (AFIR) has EUR 150 million in grants for photovoltaic and wind power in Romania

republic of srpska gacko ugljevik coal power

Republic of Srpska doesn’t have EUR 357 million to maintain production in coal power plants

24 December 2024 - Minister Petar Đokić held a meeting with the boards of directors and supervisory boards of coal complexes Gacko and Ugljevik

IPTO completes Attica Crete subsea interconnection Ariadne

IPTO completes Attica-Crete subsea interconnection Ariadne

24 December 2024 - Greece's IPTO started partial tests of the Ariadne interconnector between the mainland grid and Crete. The link has 1 GW in capacity.

Romanian Minister of Energy Sebastian Burduja reappointed

Romanian Minister of Energy Sebastian Burduja reappointed

24 December 2024 - Minister of Energy Sebastian Burduja remained in his seat following the recent general elections in Romania. He promised continuity and an acceleration in investment.