Tuesday, July 23, 2024
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EIB to help enhance energy efficiency of buildings in Zagreb

The European Investment Bank (EIB) and the City of Zagreb announced a new European Local Energy Assistance (ELENA) agreement for technical assistance to enhance energy efficiency and reduce carbon emissions in public buildings across the capital. The ELENA grant will help the city authorities prepare to retrofit 50 public buildings for energy efficiency, including by installing photovoltaic panels and electric-vehicle charging stations.

This financial support is part of the green transition that is underway in Croatia’s capital. Croatia’s 2030 National Energy and Climate Plan aims to achieve a 36.4 per cent share of renewable energy in gross energy consumption by 2030 and targets significant investment across the energy sector, including hydropower, wind farms, solar plants and hydrogen. The project announced today will make a substantial contribution to this goal. Once realised, it will generate more than 14.9 gigawatt-hours (GWh) of renewable electricity, eliminate 8 700 tonnes of carbon dioxide equivalent and save 29.8 GWh of energy each year.

“The EIB is delighted to support the City of Zagreb in its efforts to deliver a cleaner, greener future for the city’s residents,” said EIB Vice-President Teresa Czerwińska. “This advisory project will help Zagreb prepare energy efficiency retrofits that will make a significant contribution to environmental protection by reducing CO2 emissions and delivering renewable energy to the city. This collaboration reinforces the potential EIB municipal financing and advisory support to help Zagreb achieve its ambitious green and digital priorities in the years to come.”

“The initial 2.7 million euros, 90 per cent of which is co-financed by the EIB with the support of the European Commission, will be used to prepare project documentation for energy efficiency retrofits of 50 public buildings owned by the City of Zagreb,” commented said Tomislav Tomašević, Mayor of the City of Zagreb. “The total value of the investment projects to be prepared is 85 million euros and will include retrofitting kindergartens, schools, aged care homes and other public buildings and facilities with energy efficient installations. Public buildings encompassed by this project will, upon completion, receive a complete overhaul and a new look. Additionally, energy-efficient infrastructure is also more cost-efficient, large amounts will be saved through a significant reduction in utility and maintenance costs after the completion of the energy renovation.”

The technical assistance project will run until April 2026. The City of Zagreb will form an ELENA team that will carry out a detailed review of existing energy audits and documentation. Other key activities will include applying for subsidy grants, screening a large pool of buildings for compatibility with photovoltaic installations and developing tendering documentation and their publication.

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