This project aims to install a 300 MWh battery energy storage system and replace the existing system for planning and managing the AD ESM's generation units. The latter involves 4 interrelated components: 1) Upgrading SCADA to Dispatch Centre; 2) Auction system for sale/purchase of electricity on electricity markets; 3) Software for forecasting electricity production from renewable sources; 4) Software for forecasting electricity production and creating physical schedules for production.
The WBIF provides technical assistance for developing the feasibility study for the project.
WBIF | Grant | WB31-MKD-ENE-01 | € 842,958 |
EBRD | Loan | € 27,100,000 | |
KFW | Loan | € 27,100,000 | |
Anticipated WBIF INV Grant | External Grant | € 19,150,000 | |
Climate Investment Fund | Other Sources | € 18,650,000 | |
Total | € 92,842,958 | ||
Total Grants | € 842,958 | ||
Total Loans | € 54,200,000 |