DECARBONISING HEAT SUPPLY KIEL

Promoter – Financial Intermediary

Not disclosed.

Location

• Germany

Description

The project consists of several planned investments in the Kiel district heating system, the main elements are: the installation of a large heat pump (50 MWth), a 1500 MWh heat storage tank; and the expansion and modernisation of the heat distribution network.

Objectives

The programme's objectives are to maintain and expand the district heating systems and to substitute fossil-fuel based central heating with a more sustainable and efficient renewable generation (heat pump), resulting in a reduction of greenhouse gases emissions and lower air pollution.

Sector(s)

• Energy - Electricity, gas, steam and air conditioning supply

Proposed EIB finance (Approximate amount)

not disclosed

Total cost (Approximate amount)

not disclosed

Environmental aspects

The project is at early stages of development and certain features of the design to be developed in the future may trigger environmental impact assessment (EIA) processes for some investments once more information is available. The environmental aspects of the programme will be appropriately assessed as part of the EIB's appraisal process.

Procurement

The promoter is a majority publicly-owned undertaking. The Bank will require the Promoter to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2014/25/EU, and/or 2014/23/EU where applicable, as well as the Directive 92/13/EEC and/or Directive 89/665/EEC), as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

Status

Under appraisal - 30/05/2024