Modernising a key part of Lviv’s energy system
Introduction
Swedfund is financing a feasibility study to develop an investment project for the low-carbon modernisation of the plant. The study includes technical design, financial modelling, an environmental and social impact assessment, and possible financing and implementation arrangements.
The plant supplies around half of Lviv’s heat demand. The plant was commissioned in the 1950s and is now heavily worn, with low efficiency, high operating costs and limited available capacity.
Facts
SDG in focus
No Poverty
End poverty in all its forms everywhere.
Decent Work and Economic Growth
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all.
Climate Action
Take urgent action to combat climate change and its impacts.
Value creation
Expected Impact
The project is expected to improve energy efficiency, reduce emissions and provide a more reliable supply of heat and electricity in Lviv. The study will also prepare the basis for financing and future investment in modern and more sustainable energy infrastructure.
Other projects within
Clean Energy