VISION 2050 - Fluvius path to climate neutrality slide image

VISION 2050 - Fluvius path to climate neutrality

Financial Overview LT Investment Plan E&G (2023-2032) electrification to grow steadily and strongly due to (1) e-mobility, (2) solar panels, (3) wind turbines connected to distribution grid, (4) heat pumps transition impact on gas: (1) lower utilisation rate due to shift to electricity (2) no more significant expansion investments ‘no regret' scenario for electricity: additional energy transition investments of EUR 4 billion in 2023-2032 importance of mitigating measures (digital meter, capacity tariff, flexibility) to limit investment costs towards 2050 'keep it running' scenario for gas: focus on safety and reliability of gas grids - test projects for green gasses annual investment budget to halve between 2023 and 2032 to EUR 88 million Caveat 1: implementation of this plan requires sufficient means, both financial and operational (personnel and materials) Caveat 2: plan up for public consultation (8 June - 24 July 2022) and then needs final VREG approval fluvius. June 2022. 31
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