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According to plans, five billion euros in investments in the electricity grid over ten years

by AI | 25.Apr 2025 | Europe in brief AI

The Slovenian transmission and distribution system operator Eles will launch a five billion investment cycle for the needs of the green transition in the next ten years, with European funds being an important source of financing.

With key areas of investment, investments will be made in the portable electricity transmission network. Photo: Bor Slana/STA

Ljubljana – The plan for the development of the Slovenian transmission and distribution electricity network by 2034 anticipates a total investment of 5.15 billion euros. This is necessary due to the expected increased electrification resulting from the green transition, the system operator of the transmission and distribution network Eles announced on Thursday.

Among the sources of financing, electricity distribution companies plan a large share of non-repayable European funds (58 percent), while borrowing is expected to cover 22.5 percent of the required funds, and depreciation accounts for 16 percent of the necessary funds.

Changes in all technological areas, from the implementation of unpredictable renewable energy sources into the system to heat pumps and electric mobility, are penetrating the energy sector, which is why key reinforcements, upgrades, adjustments, and modernizations of the electricity network are essential, Eles stated.

For investments in the transmission network, Eles plans to invest 1.2 billion euros, which, according to their own statements, continues the largest investment cycle since its establishment. Special attention will be given to building infrastructure for connecting larger solar power plants.

For the distribution network, investments of 3.95 billion euros are planned. “Changes in the consumption and production of electricity represent a particularly significant challenge for the distribution network system. The increasing share of distributed sources significantly affects the voltage profile in distribution networks, especially with the growing number of heat pumps and electric vehicles,” Eles is convinced. (April 24)