Zurich is investing CHF 573 million in district heating
The city of Zurich wants to get closer to its long-term goal of "net zero by 2040" by expanding the thermal networks of the power station. In order to achieve the targeted reduction target for CO2 emissions by 2040, the city council wants to provide a credit line of 573 million Swiss francs.
In a press release , the City of Zurich announced the approval of the “Thermal grids of the power plant” credit line in the amount of CHF 573 million. The amount is to flow into the switch from fossil to renewable heating and cooling in the city and financially secure the conversion of the heating supply required to achieve the climate target. Those entitled to vote should decide on the approval in 2022.
The city set the course for the climate policy expansion plans “ Net Zero 2040 ” of the electricity company of the city of Zurich ( ewz ) in spring 2021 with the opening of the Zurich Heat Advice Center. The legal foundation was laid in November 2021 with the Heat Supply Ordinance.
City Councilor Michael Baumer is quoted as saying that the municipal measure, which is divided into six sub-projects, makes an “important contribution to decarbonisation in the heating sector”. The financial buffer is “only a first step, the actual work is just beginning,” announces Baumer.