| Project Detail |
The project concerns the deployment of four Floating Storage Regasification Power (FSRP) units on the non-interconnected islands of Kos, Lesvos, Chios and Rhodes. The FSRP units will use a blend of liquefied natural gas and biogas to produce cleaner and more competitive power.
Objectives
In line with the EU and national power generation decarbonisation targets, the project will contribute to ensure electricity supply security and flexibility on the above mentioned islands. Additionally, it will also improve power generation efficiency and reduced carbon emissions compared to the currently used conventional technologies.
Sector(s)
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 90 million
Total cost (Approximate amount)
EUR 600 million |
