Innovation provides greener and cheaper energy for citizens- an innovative approach pursued to address energy challenges in Vilnius
The reliance on gas imports was causing exorbitant heating costs for residents, and the city’s heavy dependence on gas was resulting in substantial CO2 emissions, negatively impacting the environment. In 2018, the city opted for an innovative, local solution to generate green energy and reduce reliance on gas imports, along with minimizing the associated carbon footprint. The entire procurement process was completed within a year. The Combined Heat and Power (CHP) plant, comprising a waste incineration facility and two biofuel systems, was established. The majority of the funding came from EU structural funds, supplemented by a loan from the European Investment Bank (EIB).
What were the outcomes?
The CHP plant now fulfills nearly 40% of the community’s energy requirements, leading to a substantial reduction in CO2 emissions. When fully operational by mid-2020, the estimated cost to citizens is anticipated to decrease by 20%. This innovation significantly contributes to the circular economy by effectively converting waste into energy.
Public Sector and Innovation
Particular course explores the details of public sector procurement. Provides the vitality of innovation procurement in the modern world, where public buyers invest in research and development services for potential products, fostering innovative solutions. Discover the benefits of this approach and the advantages of being an early adopter in a dynamic market. Participants will be guided through diverse forms of innovation within the public procurement process, emphasizing added value and performance improvement for stakeholders.
Speakers
