ESO announces a 10-year investment plan



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The Energy Distribution Operator (ESO), an electricity and gas distribution company, will invest in the reliability, security and intelligence of the network. electricity and gas over the next decade. The company has planned its planned investments in the investment plan published in 2018-2027.

Planned investments will create value for consumers and for Lithuania as a whole. Energy consumption will be more efficient, supply interruptions will be much less frequent and will be processed more quickly. The country's energy infrastructure will become more attractive to local businesses and foreign investors.

"We are carefully planning the renovation of the electricity and gas network, knowing that our customers want better services today, and tomorrow they are all waiting for consumption opportunities. In announcing this plan, we are openly and courageously baderting that the guarantee of these needs is our promise to current and future customers, "said Dalia Andrulionienė, President and Chief Executive Officer of the Board of Directors, ######################################################################### 39, ESO administration.

Investment level 2018-2027 The objective of the ESO investment plan is to qualitatively reduce the average duration of unscheduled closures (SAIDI), the average unplanned disconnection rate per customer. (SAIFI) and the maximum failure time. These indicators have been established taking into account the expectations of the interested parties on the quality of services and good practices of the countries of Western Europe. It is expected that all SAIDI and SAIFI investments will be halved.

The objectives of ESO's ten-year investment plan coincide with the objectives set out in the national strategy for energy independence. The investment plan reflects the objective of ensuring the best experience, cost and quality of the customer, as well as the objectives and indicators defined in the new LE2030 strategy of the Lithuanian energy group operating within from ESO. The Quality and Efficiency department of this strategy anticipates that key investments will focus on network reliability and digitization.

2018-2027 The ESO plans to invest in three directions. The first is a reliable and climate resilient network. The replacement of air lines by the replacement of unreliable and often perishable plants will ensure the uninterrupted and high quality distribution of energy through a secure network of electricity and gas. The value of investments in this direction can reach up to 640 million. euro

The investment in the second direction – the development of a remote-controlled network – aims to accelerate the recovery of energy in case of disturbances, creating prerequisites for the decision of network management based on real information and facilitating the integration of renewable energies. It is planned to remotely install the remote controller and self-healing network equipment, solutions to monitor the network work. The expected investment value is about 582 million. euro

The third direction is the smart grid. The goal is to improve the quality of ESO services, to create the preconditions enabling customers to accurately track energy consumption, to receive accurate accounts and save money. Energy through rational consumption. It is planned to install smart meters, to update the information systems. It is expected that about 336 million will be invested in this direction. euro

In addition, ESO estimates that connecting new customers over a 10-year period will require about 538 million euros. The total amount during the period 2018-2027 The ESO can invest up to 2.1 billion euro

"Electricity and gas networks are long-term badets, and decisions made today will affect the credibility of the network and the flexibility of service over the next decades." great value for this will be for the customers, which will make energy consumption even easier, "says the leader of the ESO.

According to her, during storms, ESO customers will be concerned that the power supply will be interrupted for a long time, and the path to the meter will be completely neglected, as all necessary data will come to their customers. smart devices. By managing this data, customers will be able to decide how to ensure maximum energy efficiency.

ESO will invest its funds in the implementation of projects, in the alternative, consider the possibility of increasing the share of capital borrowed. Part of the investment should also be covered by funds from the European Union.

2018-2027 An ESO investment plan is not a commitment to invest. The acceptance and implementation of specific investment decisions (including project scope, time, funding method and other aspects) will depend on external and internal factors. , economic, legal and other. All decisions will be made only after the badessment of all relevant circumstances and in accordance with the requirements and procedures of the legislation.

The investment plan should be updated annually.

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