Greenvironment receives first order from municipal utility of Elmshorn
mail received from IR@greenvironment.com
- Advanced talks regarding an extensive cooperation in Northern Germany
- Objective: Development of a virtual power plant with at least 20 MW by 2013
- Innovative solution for the balancing energy market
Berlin, 28th February 2011 - Greenvironment GmbH, a 100% subsidiary of listed Greenvironment plc, has received an initial order for the installation of a 50 kW mini-combined heat and power plant based on a C65 microturbine from Capstone. The plant will be installed in the basement of the main building of municipal utility of Elmshorn. Due to its role as design model, the mini-CHP plant will feature visualization on a 15 inch industrial panel on site.
As undertaking of the city of Elmshorn, the municipal utility of Elmshorn is powering around 60,000 inhabitants. The service area includes not only the urban area but also 13 country communities with about 12,000 inhabitants.
The electricity of the mini-CHP plant generated by burning 197 kW of natural gas will be fed into the grid of the utility. The heat of up to 115 kW is used for heating of the municipal facilities of Elmshorn. The mini-CHP plant is likely to show an overall efficiency of 93 percent and is linked to the maintenance network of Greenvironment.
Mr. Radu Anghel, managing director of Greenvironment GmbH, comments: “We are currently conducting intensive talks with the municipal utility of Elmshorn. After a successful test run of the mini-CHP plant we are planning to enter an extensive cooperation regarding the decentralized power supply of Northern Germany (Schleswig-Holstein, Mecklenburg-West Pomerania and Hamburg). In this connection, we are mostly targeting natural gas projects and the integration of decentralized CHP plants with the SCADA technology of Greenvironment to set up a virtual power plant of 20 MW by 2013."
"The consolidation to a virtual power plant has for each operator of a biogas or natural gas plant the advantage that through the bundling of several plants it allows the access to a lucrative market which otherwise would only be reserved for larger power plants. Thanks to our SCADA technology, this virtual bundling of CHP plants enables us to provide negative balancing energy. The balancing energy market is likely to gain immensely in importance in the future. We also plan to offer our SCADA technology to external third parties. SCADA allows easy start-up and shutdown of CHP plants. This should have positive effects on sales and earnings," said Peter Dorner, Chief Operating Officer of Greenvironment plc.
About Greenvironment
Greenvironment is a European company active in the decentralized energy generation market and plans, builds and operates cogeneration heat and power plants (CHP) utilising microturbine technology. The company offers CHP plants in a power range of 30 kWel to 1 MWel and is a market leader in the use of innovative microturbine technology in electricity generation from biogas and natural gas.
For further information:
Matti Malkamäki
CEO Greenvironment plc
Tel.: +49 (0)30 311 6712 30
Fax: +49 (0)30 311 6712 59
E-Mail: IR@greenvironment.com
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Name: Greenvironment PLC
ISIN: GB00B5754J93
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