Slovenia Approves €59 Million for Power Grid Modernization to Enhance Renewable Energy Integration
The Slovenian government has approved €59 million to modernize the power grid, supporting six projects co-financed by the EU. Total investments reach nearly €174 million, focusing on enhancing capacity and reliability for renewable energy sources. Key upgrades will occur in urban networks and critical distribution infrastructure, with major contributions from national operator ELES and regional companies. Long-term plans indicate a need for €4 billion investment in the power grid by 2034.
Theia Market Signal Identification - AI Assisted
The Slovenian government has approved nearly €59 million for power grid modernization to support higher demand and renewable energy expansion. Contracts signed on 9 March cover six upgrade projects co-financed by the EU's Modernisation Fund, totaling almost €174 million.
The projects aim to improve the electricity network's capacity and reliability. Major investments include urban network upgrades by Elektro Ljubljana and critical infrastructure enhancements by Elektro Gorenjska.
ELES will underground a 110-kilovolt line, while Elektro Maribor and Elektro Primorska will construct new transmission lines and upgrade substations. Long-term, Slovenia requires nearly €4 billion for distribution network investments by 2034.
Comments