IPTO refers to the strengthening of the Energy Transmission System by its announcement, mainly through the fixed asset renewal program, with a weighty planning for the next five years.
More specifically, as IPTO notes:
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Expansion of the Assets Renewal Program 2021-2026
The worsening climate crisis has forced upgrading of durability standards critical infrastructure of the country’s electricity system.
IPTO responds effectively in the growing need for shielding of the Transmission System, whose strengths have been tested more and more often in recent years, due to extreme weather events.
In this context, the Administrator has placedat the heart of the medium – term planning strategy enhancing security and resilience of the National Transmission System:
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At the end of 2020, IPTO moved on significant upgraderolling Asset Renewal Programwhich was drafted and implemented for the first time in 2018.
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The Administrator increased the initial budget of the Program from 80 million euros to 200 million euros and formed a expanded and forward-looking Asset Renewal Program, which providesthe replacement of 60% of the existing components of the System, with a horizon of 2026.
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Every piece of equipment over 24 years of age is part of the rolling 6-year renewal cycles.
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Front design
Indicative of the forward-looking nature of the Assets Renewal Program 2021-2026 is that the most critical equipment of the System will have been completely renewed by the end of 2023, while almost all 400 kV switches (69 out of 74) will have been replaced by 2024.
In absolute numbers, with the completion of the Program in 2026, over 1,300 items of main equipment in the High and Ultra High Voltage electrical system will have been replaced by state-of-the-art equipment.
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Acceleration of projects in 2021
From 2021,first year of applicationof the expanded Fixed Assets Renewal Program, IPTO accelerated significantly the pace of completion of critical electrical equipment renewal projects.
It is characteristic that only last year, the Administrator completely replaced or refurbished 74 pieces of equipment, while the corresponding projects completed during the three years 2018-2020 were 76.
At this rate, it is estimated that the Program can be completed and before 2026, depending on the possibilities of the coming years.
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Modernization of the Transmission System throughout the country
IPTO takes care of the modernization of the electrical infrastructure across the geographical area of the interconnected System.
Upon completion of the current Asset Renewal Program 2021-2026, the Administrator will have completed 268 equipment replacements in Northern Greece, 327 in Central Greece and the West. Macedonia, 438 in Central Greece and the Cyclades, 322 in the West Greece and the Peloponnese.
At the same time, it launches accordingly important technological upgrade projects of the System of Crete, which have been integrated in the new Ten-Year Development Plan 2023-2032.
Source: Capital
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