Fortum’s new $355m CHP plant


Fortum has continued its investments in Finland through its associated company Turun Seudun Energiantuotanto Oy’s (TSE) new combined heat and power (CHP) plant in Naantali.

The new power plant will cost $355m of which Fortum’s direct commitment is $54m. The plan is to commission the new power plant in autumn 2017.

TSE’s new power plant will replace the 50-year-old coal-fired power plant in Naantali. The new multifuel power plant can be fuelled by biomass, coal and high-quality recycled waste. The plan is to also design the plant to operate exclusively on biomass.

The biomass used will consist mainly of locally sourced wood chips transported from a radius of about 100ࢀ’150 kilometres around the plant. The annual wood chip consumption is initially expected to be about 0.7 million cubic meters and eventually as much as 1.2 million cubic meters.

Upon completion, the plant will produce 900 GWh electricity and 1,650 GWh heat annually. The plant’s production capacity is 142 MW electricity and 244 MW heat.

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