The residents of Kyiv will benefit from upgraded and more reliable provision of district heating and hot water supply thanks to a EUR 140 million loan from the European Bank for Reconstruction and Development to Kyivteploenergo, the heating and hot water utility serving the Ukrainian capital. The loan will finance the modernisation of existing combined heat and power plants and selected boiler houses as well as the installation of a new dispatching and monitoring system. The EBRD funding will be co-financed by a joint contribution from Kyiv municipality and Kyivteploenergo of at least EUR 26 million to finance the district heating network replacement. This new equipment will be fully compliant with the EU Industrial Emissions Directive.The improvements will enhance energy and resource efficiency as well as the quality and reliability of heating and hot water supply to residential and non-residential customers. The investments will result in annual savings of more than 193,000 tonnes of CO2 equivalent and 25,000 cubic metres of water yearly.The project will be part of Kyiv’s Green City Action Plan. The municipality is currently developing a comprehensive investment programme promoting decarbonisation and sustainability. The plan is part of Kyiv’s commitment to improving the urban environment and people’s lives under the EBRD Green Cities initiative, a sustainable urban development programme that Kyiv joined in 2019.
The residents of Kyiv will benefit from upgraded and more reliable provision of district heating and hot water supply thanks to a EUR 140 million loan from the European Bank for Reconstruction and Development to Kyivteploenergo, the heating and hot water utility serving the Ukrainian capital. The loan will finance the modernisation of existing combined heat and power plants and selected boiler houses as well as the installation of a new dispatching and monitoring system. The EBRD funding will be co-financed by a joint contribution from Kyiv municipality and Kyivteploenergo of at least EUR 26 million to finance the district heating network replacement. This new equipment will be fully compliant with the EU Industrial Emissions Directive.The improvements will enhance energy and resource efficiency as well as the quality and reliability of heating and hot water supply to residential and non-residential customers. The investments will result in annual savings of more than 193,000 tonnes of CO2 equivalent and 25,000 cubic metres of water yearly.The project will be part of Kyiv’s Green City Action Plan. The municipality is currently developing a comprehensive investment programme promoting decarbonisation and sustainability. The plan is part of Kyiv’s commitment to improving the urban environment and people’s lives under the EBRD Green Cities initiative, a sustainable urban development programme that Kyiv joined in 2019.
