COGEN Slovakia, Cogeneration in Povazsky Chlmec

The new greenfield gas cogeneration power plant COGEN in north Slovakia is planned to produce power and heat. Located in Považský Chlmec, a town in the Žilina district, the new plant would further deteriorate the quality of life of locals, who have for decades been suffering from the negative impacts of a nearby waste disposal site and nearby highway.

The power plant is to be financially supported by both the European Investment Bank and the European Bank for Reconstruction and Development through the private equity EnerCap Power Fund. Both banks are investing in this fossil fuel power plant under initiatives that were supposedly formed to support clean energy in Europe.