EUR 150 million deal for Valmet in Denmark
Finnish Valmet and Danish HOFOR Energiproduktion have signed a contract for a delivery of a biomass-fired boiler plant and related biofuel storage and conveyor systems.
The new power plant, situated at HOFOR’s Amagerværket heat and power plant complex, will supply electricity and heat for the needs of the Danish capital Copenhagen. With a value of more than 150 million euros, the deal breaks records for Valmet.
“The HOFOR biomass plant will be by value Valmet’s largest boiler plant delivery so far,” confirms Bertel Karlstedt, president of Pulp and Energy business line at Valmet. “This is an important order for our energy business, and we estimate the employment impact to be about one thousand man years including both Valmet’s own and subcontractors’ work.”
The power plant’s net electricity production capacity will be approximately 150 megawatts (MW). Annually, the boiler of the plant will consume a total of 1.2 million tonnes of sustainable wood chips. In addition, the delivery includes biofuel storage and conveyor systems.
For Copenhagen the investment means decreasing CO2-emissions, as the city aims to become the first CO2-neutral capital in the world by the year 2025.
“The plant will fulfil tightening environmental requirements by utilising efficient firing technique,” says Karlstedt.
Installation of the power plant is scheduled to begin in July 2017.