HomeRenewablesBiomassNIB backing for Lithuania's first waste-to-energy CHP plant

NIB backing for Lithuania’s first waste-to-energy CHP plant

Finland’s Fortum is set to build a EUR140 million (US$208 million) combined heat and power (CHP) plant in Klaipeda, Lithuania with half the money coming from the Nordic Investment Bank (NIB).

The new plant will be fuelled by municipal solid waste, non-hazardous industrial waste and biomass, and is scheduled to be operational by the first quarter of 2013.

Its future output capacity is planned at approximately 60 MW of district heat and 20 MW of electricity, which will be sold to the Lithuanian national grid.

The district heating produced will be sold to Klaipedos Energija, replacing its old natural gas-fired heating plants.

The Klaipeda plant is said to be the Baltic region’s first waste-to-energy plant and aims to reduce the amount of waste currently deposited in the region’s landfills.

Switching to combined heat and power production will help to increase the efficiency of energy production and lower greenhouse gas emissions in the region.

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