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Signature(s)

Amount
€ 105,000,000
Countries
Sector(s)
Germany : € 105,000,000
Energy : € 105,000,000
Signature date(s)
30/09/2016 : € 105,000,000
Link to source

Summary sheet

Release date
11 July 2014
Status
Reference
Signed | 30/09/2016
20130557
Project name
Promoter - financial intermediary
COMBINED HEAT AND POWER PLANT KIEL
STADTWERKE KIEL AG
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 105 million
EUR 278 million
Location
Sector(s)
  • Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives

Construction and operation of a modern and environmentally responsible energy supply plant (including heat storage and an electrode boiler) with around 200 MW capacity for power, and nearly the same capacity for heat in the city of Kiel, capital of the German Federal State of Schleswig Holstein. The plant shall be equipped with 20 gas-fired engines and a heat storage facility. The plant shall mainly supply Kiel's local district heating network and replace the current coal-fired power plant, which has been in operation for over 40 years.

The project seeks to maximise flexibility in generating heat and power, in particular allowing the operator to provide stabilising services to the grid.

Environmental aspects
Procurement

Due to its size, the project falls under Annex I of the EIA Directive 2011/92/EU and under the Industrial Emissions Directive (2010/75/EU). Consequently, an EIA and compliance with Best Available Technique is deemed compulsory for authorisation. The project will be erected outside areas of nature conservation interest, next to an existing hard coal fired CHP plant.

The promoter is a majority publicly-owned undertaking. The primary activity of the project (district heat supply) would fall under Utilities Directive 2004/17/EC, requiring public sector rules to be utilised including publication of tender notices in the EU Official Journal, as and where required. The promoter announced that they would tender contracts for the implementation of the project in accordance with the relevant EU procurement legislation.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Non-Technical Summary (NTS) - COMBINED HEAT AND POWER PLANT KIEL - Gasmotorenheizkraftwerk Kiel-Dietrichsdorf
Publication Date
22 Mar 2016
Document language
Main Topic
Lending
Document Number
65363833
Document Focus
Environmental Information
Project Number
20130557
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - COMBINED HEAT AND POWER PLANT KIEL
Publication Date
14 Jun 2016
Document language
Main Topic
Lending
Document Number
67031415
Document Focus
Environmental Information
Project Number
20130557
Sector(s)
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - COMBINED HEAT AND POWER PLANT KIEL
Publication Date
23 Dec 2021
Document language
Main Topic
Lending
Document Number
141667995
Document Focus
Environmental Information
Project Number
20130557
Sector(s)
Regions
Countries
Publicly available
Download now

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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