Sweden forges ahead in the field of sustainability
Power company Vattenfall in joint research on CO2-free steel production
Swedish government’s power company Vattenfall is also involved in the steel project for good reasons. “We are very pleased to take part in an initiative which secures the future of Sweden’s important industrial sectors, by using CO2-free power instead of fossil fuels for steel production. This is the beginning of the most exciting, environment-friendly development project, from which our partner, Vattenfall as well as the environment are benefitting“, says Magnus Hall, president and CEO of Vattenfall.
The government in Stockholm has even bigger plans for power generator. Only in June 2016 did the government coalition agree with the three opposition parties in the parliamenton a roadmap to convert the electricity supply to 100 % renewable energies by 2040. Thereby, the government and the opposition agreed that the country requires a robust power supply with high security of supply and less harmful effects on the environment as well as the competitive rates of electricity. With the agreement, Stockholm is eager to create a long-time prospect and clarity for the market players. Moreover, energy efficiency goals will be set by the coming year for the years from 2020 to 2030.
Vattenfall makes massive investment in renewable energies
As a part of this policy, Vattenfall is investing a lot in projects for electricity generation from renewable energies. The power generator is planning, for example, to triple its installed windfarms in entire northern Europe to 7 GW by 2025. For this, the company has started two projects for off-shore windparks in the eastern North Sea, 47 km before the English coast with a total capacity of 3.6 GW. That is equivalent to almost six times the power of today’s biggest off-shore windpark of the United Kingdom, London Array (630 MW). Vattenfall is also eager to start soon with the construction of Denmark’s biggest off-shore windpark “Horns Rev 3”, before the west coast of the country. The power generator notes that it is spending more than 1 billion euros for the project.
Just as in the United Kingdom, Vattenfall has inaugurated its first big solar plant in April. The company set up a plant in south-west Wales with a capacity of 4.99 MW on an area of around 8 ha for 50 million Swedish krona (approximately 5.25 million Euro), immediately next to the Cynog windpark that also belongs to Vattenfall. The solarpark is said to generate 5.5 GWh of electricity per year for the coming 30 years. In return, the Swedish electricity supplier sold its brown coal mining in east Germany to the Czech EPH.
At an event of the German-Swedish Chamber of Commerce, even the General Director of the Swedish energy agency, Erik Brandsma, expected big changes to lie ahead, “If Edison were alive today and were asked about today’s energy system, he would probably have said that it looks somewhat like what he had imagined it to be. Nothing much has taken place there since his lifetime. However, over the next five years, the energy sector shall change more than it is has in the entire last five decades.”
Germany still the leading market for energy and environmental technology
The energy agency runs the German programme since 2015, together with the German-Swedish Chamber of Commerce, which shall facilitate the Swedish enterprises from the energy and environmental technology sectors to enter into the German market. Many of the enterprises participating in the Germany programme attended the event in Stockholm. “Energy agencies play an important role, when it comes to pressing the right buttons to help innovations on the market. We alone here in Sweden invest between 1.3 and1.4 billion krona per year (approximately 140 to 150 million Euros) for promoting innovations. It is significantly important for some enterprises, for example, to have the construction of a demonstration plant financed that can then be presented to potential clients,” Brandsma adds.
This article appeared in www.maschinenmarkt.international.