Statkraft and Elkem to cooperate on energy recovery
(Thomson Reuters ONE) - (Oslo, 25 August 2009) Statkraft and Elkem have entered into anagreement to build an energy recovery facility at the Elkem Thamsavnplant at Orkanger in Sør-Trøndelag county.The facility will recover heat from the plant's processing steam andproduce a total of 180 GWh of electricity annually. The cost of thefacility is estimated to exceed NOK 500 million."The energy recovery facility will make Elkem Thamshavn one of themost energy-efficient silicon plants in the world, with a recoveryrate of 25 per cent," says plant manager Alf Tore Haug at ElkemThamshavn."It is important for Statkraft to contribute to realising goodindustrial energy efficiency projects. In addition to increasing theenergy efficiency at Elkem Thamshavn, the facility will contribute tonew energy production and an improved energy balance in centralNorway," Sverre Gotaas, head of Innovation and Growth at Statkraftstresses.The parties will carry out a main study this autumn and are aimingfor an investment decision in order to have a completed facility bythe autumn of 2011.On Friday, the Enova board decided to support the project with NOK 90million.Statkraft is Europe's largest renewable energy company. The Groupdevelops and generates hydropower, wind power, gas power and districtheating, and is a major player on the European power exchanges.Statkraft also develops marine energy, osmotic power, solar power,and other innovative energy solutions. Through the ownership of othercompanies, Statkraft supplies energy and heating to more than 600,000customers in Norway. In 2008 Statkraft posted gross operatingrevenues of EUR 3.1 billion (NOK 25 billion). The group employs 3,200staff in more than 20 countries.Elkem is among the leading companies in the world withinenvironmentally-friendly production of metals and materials. Coreproducts include silicon, solar cell silicon, special alloys for thecasting industry, carbon and micro silica. In 2008, the group's salesreached NOK 9 billion. Elkem has 2 900 employees.For further information, please contact:Sverre Gotaas, head, Innovation & Growth, Statkraft ASTel.: +47 24 06 73 21/ +47 902 49 734Lars Magnus Günther, communications adviser, Statkraft ASTel.: +47 24 06 71 50/ +47 912 41 636Alf Tore Haug, plant manager, Elkem ThamshavnTel.: +47 91 59 51 10This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 25.08.2009 - 10:31 Uhr
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