Fortum is continuing its focus on combined heat and power (CHP) with plans to bring four cogeneration plants on line over 2013.
During the year, the company aims to take into operation Klaipeda in Lithuania, Jelgava in Latvia, Jarvenpaa in Finland, and Brista in Sweden, Anders Egelrud, CEO of Fortum Varme, told COSPP.
In addition to cost-efficiency, CHP can offer ‘quite high fuel flexibility’, he said.
While Brista and Klaipeda will run on waste, Jelgava and Jarvenpaa will be fuelled with biofuel, mainly woodchips, he added.
Fortum Varme, the Finnish firm’s heat business in Sweden, recently announced plans to build a biofuel-fired CHP plant to help meet Stockholm’s district heating demand.
‘If there is a possibility to connect to an existing district heating system, or there is a high heat or steam demand from industrial production, CHP is the most efficient way of producing the energy and gives you a wider spectrum of choice, different fuels, proportion of electricity, possibility of condensing mode,’ he said.
Yet Fortum aims to grow outside its traditional markets in Scandinavia and the Baltic region, where district heating is already long established, he added.
‘Fortum has an office in New Dehli and India is the market we are looking at today,’ he said. ‘However, we are closely following development in other countries to evaluate the market potential.’
For now, though, Fortum is not looking at emerging CHP markets in South Korea and Asia, he added.
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