Ljubljana – The Slovenian transmission and distribution electricity network development plan for 2034 outlines a projected investment of 5.15 billion euros. This initiative is crucial to accommodate the anticipated rise in electrification driven by the green transition, as announced by Eles, the operator of the transmission and distribution network.
To finance this effort, electricity distribution companies are counting on a substantial portion of non-repayable European funds, estimated at 58 percent. Additionally, borrowing is expected to represent 22.5 percent of the required financing, while depreciation will cover 16 percent.
The energy sector is undergoing significant changes across all technological domains, including the integration of variable renewable energy sources, the rise of heat pumps, and the proliferation of electric mobility. As a result, Eles emphasizes the need for crucial enhancements, upgrades, adjustments, and modernization of the electricity network.
For the transmission network, Eles plans to allocate 1.2 billion euros, marking what they describe as the largest investment cycle since the organization’s inception. A key focus will be on developing infrastructure to connect larger solar power facilities.
For the distribution network, an investment of 3.95 billion euros is slated. Eles highlights that evolving patterns in electricity consumption and production pose significant challenges for the distribution network system. The increasing prevalence of distributed energy sources is notably impacting voltage profiles within distribution networks, particularly as the number of heat pumps and electric vehicles rises. (April 24)
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