Residents of Chisinau will reduce their heat consumption by 30% thanks to a EUR 143.5 million investment in optimizing the district heating system in Chisinau. A loan agreement to this effect was signed today by the Minister of Energy, Victor Parlicov, and the Associate Director of the European Bank for Reconstruction and Development (EBRD), Octavian Costaș.

 

The investment works include the installation of 2,510 Individual Heat Points (ITPs) and the implementation of horizontal distribution of the heat agent in 1,665 apartment buildings, which will provide consumers with the opportunity to independently regulate their energy consumption and connect or disconnect the heating in their apartments. These measures will contribute to reducing heat losses by up to 30%, reducing costs for consumers and reducing the impact on the environment by reducing carbon emissions. Other works include the encapsulation of blocks, the rehabilitation of primary heating networks and the construction of two pumping stations, all of which aim to increase the efficiency, reliability and quality of heating and hot water services.

 

“Our path forward is based on improving energy efficiency, an area in which the Republic of Moldova has enormous potential. Given that the buildings sector represents about 50% of final energy consumption, we have made energy efficiency a national priority. At the same time, we remain committed to diversifying energy sources and integrating renewable sources where possible. By 2030, we aim to ensure that our systems are modern and resilient, ready to meet the demands of a constantly changing energy landscape,” Minister Victor Parlicov said during the event.

 

At the same time, Minister Parlicov thanked international partners for their support and reiterated our country’s commitment to a sustainable energy transition.

 

The loan agreement, worth EUR 143.5 million, is part of a larger project with a total budget of EUR 326.5 million, financed by international contributions. The project is supported by loans from the EBRD and the European Investment Bank (EIB), as well as grants from the Eastern Europe Energy Efficiency and Environment Partnership (E5P) and the European Union Neighbourhood Investment Platform (EU NIP).