Release date: 8 September 2003
Promoter – Financial Intermediary
Enel Distribuzione, the main electricity distribution company in ItalyLocation
Description
An investment programme covering the period 2000-2007 aimed at replacing current analogue meters with a digital remote metering infrastructure comprising 30 m digital electricity meters, network nodes and some management centres. The EIB eligible project period is from 2003 to 2005.
Objectives
To modernise the metering services the company offers to the consumer.
Comments
R&D, Energy, Telecoms
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 500 million
Total cost (Approximate amount)
About EUR 1.6 billion
Environmental aspects
The investment principally involves the substitution of existing analogue meters and the setting up and operation of data centres and a telecommunications network on power lines and using existing GSM networks. Any adverse environmental impact of the project is thus expected to be minimal. In addition, by allowing more efficient load management and a more rational use of energy, the project is expected to reduce the environmental impact of electricity production through more rational consumption .
Procurement
Award of works, equipment supply and services contracts will comply with national and EU legislation.
Status
Signed - 12/12/2003
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).