Displaying items by tag: energy

Together with investment fund Eurofideme 2, Holmen (STO:HOLMA)(STO:HOLMB) has decided to build a wind farm in the municipality of Norrtälje in a jointly-owned company. The annual production is an estimated 165 GWh and the wind farm is planned to commence operation in autumn 2014.

Eurofideme 2, a renewable energy infrastructure fund of Mirova*, has acquired half the shares in the company that Holmen founded to run wind power production on its own land in the municipality of Norrtälje near Hallsta Paper Mill. The decision now marks the start of installation of 17 wind turbines with an installed power capacity of a total 51 MW and an expected annual production of 165 GWh. An environmental permit has already been obtained. According to the plan, the turbines will be taken into operation in autumn 2014.

“This project will exploit Holmen’s excellent opportunities to produce wind power on its own land,” says Holmen’s President and CEO Magnus Hall. “It is also an important element in our focus on renewable energy, set to increase our self-sufficiency in electricity.”

“It is a great opportunity for Eurofideme 2 to be co-investing in this project of national interest for wind in the Stockholm County with a high quality partner like Holmen” commented Raphael Lance, Director of Eurofideme 2.

The cost of constructing the wind farm is an estimated SEK 650 million and will be financed by a bank loan to the jointly-owned company plus capital from shareholders Holmen and Eurofideme 2. Holmen’s investment will largely be met by income from the sale of shares in the company, and the transaction will therefore not have any noticeable effect on Holmen’s cash flow. The transaction will affect Holmen Energi’s operating profit in the second quarter by approximately SEK 100 million.

* Eurofideme 2, a fund managed by Mirova Environment and Infrastructure and part of Mirova, the Responsible Investment division of Natixis Asset Management, is investing through its wholly-owned subsidiary Wotan SA.

This is information that Holmen AB is obliged to disclose under the Swedish Securities Market Act and the Swedish Financial Instruments Trading Act. Submitted for publication on 17 May at 15.30.

Published in Energy News
Tagged under

Industrial air systems meet Chinese energy savings targets

tm chinaIn mid- September  TM Systems, the Finnish industrial energy efficiency company, established a new factory in Kunshan, China, doubling production capacity in the world’s hottest energy market.

The 12th Chinese five year plan has allocated over 300 billion euros in investment for the green economy. China is investing 40 billion euros just in the forest industry alone. In modernizing the branch the emphasis is not only on effectiveness, but also energy savings and reduced emissions. ‘This is exactly the kind of market we want to invest our technical knowledge in’, says Markus Hallapuro, Managing Director of parent company TM System Finland Ltd.

TM Systems specialize in delivering tailored industrial air systems, which can considerably reduce production energy consumption while at the same time increasing volume.  The company is meeting increased demand for its services with a new production plant, which serves both its own projects in the pulp and paper industry as well as clients from other industries.

The new production facility allows the company to offer high quality, cost effective production to third parties. ‘TM Systems can produce ready made products, partial systems and also work together with clients from design and process modeling through to production’ says Riku Saari, Managing Director of TM System (China) Air Technology Co, Ltd.

Typical Energy_Saving_Heat_Recovery_SystemThe main responsibility for designing the company’s technical solutions is in Finland, where the parent company employs about 30 people.  Finnish engineers are also responsible for quality control at the Kunshan factory.

‘Many companies have had bad experiences of Chinese production. Variable quality and unreliable delivery are common problems and continuous professional quality control is a necessity’, says Riku Saari.

The expanded China factory specializes in producing demanding acid proof stainless and aluminum sheet metal fabrications. The factory has a 13 x 3,4 m pickling pool  enabling it to handle large items and deliver better quality end products.

In the future TM Systems will increasingly serve the mining- and energy industry in which they continue to expand. The company expects production at the Kunshan factory to grow by 40 percent during over the next few years.

Published in Asian News
Tagged under

Metso PressPolar cover optMetso has launched PressPolar, a new polyurethane roll cover for press rolls. The cover is suitable for large and highly loaded press rolls, mainly used in boardmaking. The PressPolar cover is designed to significantly reduce the energy consumption of roll drives in the press section.

New polyurethane material offers low rolling resistance

The roll drives in press sections consume remarkable amounts of energy, and also the soft roll covers on roll bodies greatly influence energy consumption. The rolling resistance of a roll cover is what affects the drive power consumption. In the PressPolar roll cover, due to the new polyurethane material, the rolling resistance is remarkably lower than that in conventional rubber and polyurethane roll covers. In addition, a roll with a PressPolar cover needs no internal water cooling. These features provide significantly reduced energy consumption.

Development of durable and long-lasting cover materials continues  

Polyurethane roll covers have been well-known for their good wear resistance properties for decades. Metso continues the development in this field and the PressPolar cover offers the best durability ensuring extended service intervals and longer total roll cover lifetimes.
Published in Featured Products
Tagged under

Alexis Fries, who was appointed as President and CEO of Pöyry PLC on 13 June 2012, will take up his position on 1 September 2012.

The new compositions of Pöyry's Board Committees, as announced on 21 June 2012, will come effective on 1 September 2012.

Pöyry is a global consulting and engineering company dedicated to balanced sustainability and responsible business.

With quality and integrity at our core, we deliver best-in-class management consulting, total solutions, and design and supervision. Our in-depth expertise extends to the fields of energy, industry, transportation, water, environment and real estate.

Published in European News
Tagged under
Thursday, 25 March 2010 08:30

Safety Ventilation to Reduce Costs (White Paper)

Energy is a significant cost of production. As energy costs rise and fall, the increases are difficult to pass on to customers in the price of products and services. But regardless of current energy costs and current trends, a more energy-efficient process is more competitive.

Safe drying of solvents requires excess ventilation air. Extra air keeps the vaporized solvents well below the concentration where they might burn or explode. A lot of energy goes towards heating ventilation air to the drying temperature.

This white paper explains how safely using an analyzer to continuously monitor the solvent concentration allows the ventilation rate to be adjusted to what is needed for the typical solvent load, or even continuously adjusted to match the actual solvent load at any given time, so there is no need to heat a large excess quantity of ventilation air. It also highlights & explains how to employ the safety ventilation methods found in NFPA-86.

To download a copy visit:www.controlinstruments.com

Published in European News

Pöyry has been awarded a consulting services contract for providing institutional support to the Rural Energy Agency (REA) in Tanzania. The assignment includes two phases of services with a total value of about EUR 1.2 million.

The first phase covers two years and will commence in March 2010. The overall objective of the assignment is to provide technical assistance in developing and building the technical and institutional capacity of the REA to efficiently and effectively carry out its obligations.

The specific objectives of the first phase are to have the institutional set-up required for implementation and monitoring of the Government's policy for rural energy in place and to ensure that sustainable capacity within the REA to execute its obligations in the short and long term has been developed.

Pöyry will assist the Rural Energy Board in soliciting proposals for external funding. Assistance will also be provided in developing guidance and methods for preparation of bid packages for rural energy projects. Criteria for subsidy allocation and other strategic conditions for successful provision of modern energy services in rural areas will be reviewed. Of particular importance is the development of cooperation procedures between the REA and the regulator, EWURA. Procedures for sequencing of licensing and subsidy awards will be elaborated with EWURA.

Pöyry has extensive experience in the development of institutional frameworks and policy for the promotion of rural energy activities in Western, Southern and Eastern Africa and Asia.

Additional information by:

David Cox, Managing Director, Pöyry Energy Ltd, UK
Tel +44 1865 81 22 27

Therése Hindman Persson, Managing Director, Pöyry Management Consulting (Sweden) AB
Tel: +46 70 482 11 56

Published in European News

ABB announced today that the readers of Control Engineering have selected its cpmPlus Energy Manager software to receive the magazine's 2010 Engineers' Choice award for the best new product in the "Dashboard Software – Energy" category. The magazine's readers chose the top product in each voting category based on the product's technological impact, service to the industry, and market impact.

"With more than 600 votes cast in the Engineers' Choice Awards this year, all entries across the 29 product categories were exposed to an array of voting engineers' scrutiny. As a result, ABB's win of the 'Dashboard Software – Energy' category for its cpmPlus Energy Manager indicates a high level of end-user respect for the product in this rapidly growing and important technology segment. We congratulate ABB for its success in bringing to market a product of such high interest and value to the automation & controls engineering community," said David Greenfield, Editorial Director, Control Engineering.

Every month, in print and online, Control Engineering covers the proven solutions and game-changing technologies that are available to automation, instrumentation and controls professionals. Every year, the magazine holds a competition to highlight those products that engineers find most useful and desirable. Products that were introduced and available for purchase in the North American market between January, 2009 and November, 2009 were nominated for the competition. The magazine's readers received an electronic ballot and voted for the best products at the end of the year. Control Engineering announced the 2010 winners in their February 2010 issue, published this week.

ABB's winning product, cpmPlus Energy Manager, helps customers in all industries and building sector monitor, manage and optimize their energy usage for maximum efficiency and cost savings. It addresses the business side of energy management by producing accurate energy demand plans and taking advantage of them in energy supply planning and optimization. Being able to accurately plan the energy requirements a day-ahead provides significant financial advantages, especially in the open electricity market, and ultimately lowers energy costs.

Energy Manager also includes reporting and analysis tools that evaluate the energy use patterns of all processes and pinpoint areas for improvement.

A key element in any company's energy management program, Energy Manager offers dramatic cost savings for customers in all industries, especially for processes that are particularly energy-intensive, or if multiple energy sources are available. Opportunities for cost reduction are greatest when both electricity consumption and prices vary over time, which is common in the process industries and in the open electricity market environment. Energy Manager clearly indicates the cost of electricity and provides support to schedule electricity consumption for off-peak hours. It coordinates electricity purchases and sales with its own generation capacity, then schedules this generation during on-peak hours, when purchased electricity is most expensive, to provide additional cost savings.

Typically, cpmPlus Energy Manager can help customers achieve overall cost reductions of 2 to 5 per cent of their total electricity cost. For some process manufacturers, this can translate into millions of dollars saved annually.

Energy Manager is a core component of cpmPlus (www.abb.com/cpm), ABB's Collaborative Production Management suite of applications. cpmPlus provides process and production management, advanced optimization and connectivity solutions for the process industries.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 120,000 people.

Published in European News
Tagged under
Wednesday, 10 February 2010 13:45

Stora Enso signs EUR 65 million loan agreement

storaensoStora Enso has signed an agreement with the European Investment Bank (EIB) for a EUR 65 million loan to be used for the Ostroleka power plant construction project in Poland. The loan agreement is part of the commitment by EIB to lend altogether EUR 230 million to Stora Enso for research and development and the Ostroleka power plant project.

"We have a long and good relationship with EIB and we are delighted that through this agreement EIB is supporting our power plant project to improve Ostroleka Mill's energy self-sufficiency and energy efficiency. Along with the Langerbrugge and Maxau energy investments, the Ostroleka power plant is one of our biggest cost improvement investments this year at our existing mills in Europe. The terms of the loan are very competitive," says Stora Enso CFO Markus Rauramo.

The Ostroleka power plant to be completed in the third quarter of 2010 will further improve the cost competitiveness of Stora Enso's operations in Poland. As announced on 3 November 2008, the total investment in the Ostroleka power plant is estimated at EUR 137 million.

For further information, please contact:
Jyrki Tammivuori, SVP, Group Treasurer, tel. +358 2046 21043
Ulla Paajanen-Sainio, Head of Investor Relations, tel. +358 2046 21242

Published in Financial News
Friday, 26 February 2010 11:00

New Inacopia Office 75 g/m2:"The smart attitude"

The Portucel Soporcel Group has just launched the new Inacopia Office 75 g/m2, a product which seeks to respond to the needs of a segment of consumers with a high level of environmental awareness, adopting a stance focussed on the advantages of a product manufactured using renewable raw materials and energy.

Download the press release....>

Published in European News

protacon_logo

The energy chain information can now be managed in real-time. Information that has been entered once will now serve the whole energy chain. The contracting parties' biomass and energy production IT systems will complement each other and allow easy and real-time management of the energy chain information – from tree plant to ashes and back to the forest in a controlled manner.

MHG Systems brings to the table its knowhow on the first part of the energy chain, i.e. managing biomass related field work and producing map and mobile services. Protacon completes the concept by offering energy companies, terminals, fuel suppliers, carriers, contractors, laboratories and authorities with tools to manage fuel related information. This joint service concept and modern technology will provide new best policies that will improve their customers' business operations.

The solution will promote even more environmentally-friendly energy production and it will also lead the way in decreasing the carbon footprint and improving the traceability of biofuel chains. The total carbon footprint can now be retrieved from a single system. According to international trends, the traceability of biofuels will soon apply to all energy production.

"MHG Systems' core competence lies in its in-depth experience on business models used in the international bioenergy and forest industries. The cooperation with MHG Systems will provide us with new distribution channels – especially to international markets", says the CTO of Protacon Ltd, Vesa Talvela.

"Protacon's expertise on optimising energy plant processes and supplying automation systems allows us to create a unique business model – to sell proven end-to-end solution to power plants and biofuel suppliers on a global scale", explains the Managing Director of MHG Systems, Seppo Huurinainen.

Managing Director Seppo Huurinainen, MHG Systems Ltd, +358 10 400 6280, This email address is being protected from spambots. You need JavaScript enabled to view it.

CTO Vesa Talvela, Protacon Ltd, +358 10 3472 640, This email address is being protected from spambots. You need JavaScript enabled to view it.

Established in 2005, MHG Systems Ltd is a Finnish IT service company who is also one of the world's leading providers of bioenergy ERP systems. The company utilises its partner network to produce IT and map service solutions designed for developing biomass-based business operations and improving various types of field work. Available now in 13 languages, the company's services bring about significant cost savings to all operators of the bioheat and bioelectricity production chain. www.mhgsystems.com

Published in European News