Tags Posts tagged with "production"

production

The EU’s largest National Promotional Banks and Institutions and the European Investment Bank launch a 10 M€ initiative to accelerate the transition to a sustainable and circular economy

Five European national promotional banks & institutions and the European Investment Bank (EIB) launched today in Luxembourg the Joint Initiative on Circular Economy to support the development and implementation of circular economy projects and programmes in the European Union (EU). This flagship partnership will target at least 10 M€ of investments over the next five years (2019 – 2023). The aim is to prevent and eliminate waste, increase resource efficiency and foster innovation by promoting circularity in all sectors of the economy.

The five national promotional banks & institutions are:

  • Bank Gospodarstwa Krajowego (BGK – Poland)
  • Groupe Caisse des Dépôts (CDC – France) including Bpifrance
  • Cassa Depositi e Prestiti (CDP – Italy)
  • Instituto de Crédito Oficial (ICO – Spain)
  • Kreditanstalt für Wiederaufbau (KfW – Germany)

The six partner institutions will combine their expertise, experience and financial capacity to better support the implementation of viable circular projects and programme approaches. The Joint Initiative on Circular Economy (JICE) will provide loans, equity investment or guarantees to eligible projects and develop innovative financing structures for public and private infrastructure, municipalities, private enterprises of different size as well as for research and innovation projects. JICE builds on the ongoing initiatives led by the European Commission to build knowledge through dedicated working groups and develop financing schemes.

The joint initiative will focus particularly on investments in the EU Member States that will help accelerate the transition to a circular economy. It will target all stages of the value chain and lifecycle of products and services:

  • Circular design and production: applying “reduce and recycle” strategies to design out waste at the source, prior to commercialisation.
  • Circular use and life extension: enabling the reuse, repair, repurposing, refurbishing or remanufacturing of products in use phase
  • Circular value recovery: recovering materials and other resources from waste, recovering waste heat and/or reusing treated wastewater
  • Circular support: facilitating circular strategies in all lifecycle phases, for example with the deployment of key ICT technologies, digitalization and services supporting circular business models and circular value chains.

Project examples:
To illustrate the type of projects eligible under the Joint Initiative for Circular Economy, here are some examples of projects already financed by the six partner institutions.

BGK (Poland)

PKP SKM in Tricity: PKP SKM in Tricity is the local railway carrier, operating on the very important railway line no. 250, connecting Tricity metropolitan area (Gdansk, Gdynia and Sopot) in the north of Poland. In 2012 BGK issued for this company bonds worth 235.400 € with 9 years to maturity. The funds obtained by the company were used as the own contribution to investment in refurbishment of 22 electric multiple units, which allowed to extend their lifetime by another 20 years.

Sklejka Orzechowo: BGK signed a 5.178.664 € investment loan for a new production line for plywood and blockboard production and for related infrastructure. The new production technology and resource loops to be introduced as part of the investment will result in sewage reduction, more efficient biomass use, reduced water consumption, heat recovery and reduced noise emission.

CDC (France)

PHENIX: Bpifrance, via its Smart Cities VC fund, co-led a 15 M€ financing round in PHENIX. The capital raised is used to accelerate growth throughout Europe, invest in the development of new digital services, including the launch of B2C mobile app (‘Phenix app’), and expand towards the management of other waste streams.
BDT – Terradona (France): CDC (Banque des Territoires), together with other public and private institutions, has financed the fundraising of the green-tech company Terradona, creator of Cliiink®, smart and eco-responsible solution for waste sorting. Proposed to local authorities, the innovative Cliiink® solution reduces the cost of treating their waste and improves the cleanliness of their agglomerations, while rewarding good sorters and boosting local trade.

CDP (Italy):

Ex Sadoch (Trieste): The urban regeneration project has concerned the retrofitting of a building complex with over 8,900 m2 that once housed the Saul Sadoch paper factory, a complex, built in 1957 and left unused since the 1990s. Besides the buildings, the project has also allowed the renovation and redevelopment of the surrounding formerly industrial area, which for a long time represented a space of abandonment and degradation. The project was carried out by the FVG Social Housing Fund, in which CDP Investimenti SGR has invested over 60 M€ through “Fondo Investimenti per l’Abitare” (FIA), real estate fund dedicated to social housing.

Ex Manifattura Tabacchi (Milan): A comprehensive retrofitting project of 90,000 m2 of abandoned public estate on a former industrial site, aimed at regaining a semi-central urban plot located close to the Università degli Studi di Milano-Bicocca. The project is being led by an SPV of which 50% of shares are held by CDP Immobiliare and in which CDP invested over 40 M€ to redevelop Edificio2.

EIB (EU-wide)

Novamont Renewable Chemistry: Novamont develops innovative bioplastics and biochemicals based on renewable resources, which are biodegradable and compostable. Novamont’s holistic approach and vision for the bioeconomy, where the business model includes local agriculture as well as the reuse of by-products, is producing positive results for material innovation.

De Lage Landen (DLL) Circularity Loan for SMEs and Midcaps: DLL refurbishes and leases second and third life equipment to companies. The DLL engagement will allow SMEs to save costs and invest in other areas while strongly contributing to the realisation of the circular economy objectives.

KfW (Germany)

Circular use of process heat: Traditional Bakery Müller Egerer had it production processes scrutinised by an energy consultant. KfW provided a promotional loan of 0,9 M€ and the company benefitted from a redemption grant of 150,000 €.

Instituto de Crédito Oficial (ICO – Spain)

Red de Calor de Soria – Biomass District Heating: Leading district heating project in Soria, Spain, wich using woodchip residue from local wood industry as fuel. The project supplies heat and water to more than 16,000 inhabitants and 8,000 homes. Total investment adds up to 20 M€ and ICO participates in a relevant proportion in equity through the FondICO Infrastructures fund. The amount of renewable energy supplied is around 80 GWh/year, saving CO2 emissions for more than 28.000 Tm/year, using local fuel and creating local jobs.

Recycling sea waste: Ecoalf is a circular economy start-up in Spain that collects marine debris from the bottom of the sea, treats it, and converts it into thread to make clothes and accessories. Its goal was to design the first generation of fashion items created with recycled materials that would have the same technical properties as the best non-recycled products, and be of equal quality and design, showing that continuing to misuse the planet’s natural resources indiscriminately is unnecessary.

Source: EIB

0 0

According to data from REN (the Portuguese TSO), the renewable electricity produced in March (4,812 GWh) exceeded the consumption of Mainland Portugal (4,647 GWh). The renewable electricity production accounted for 103.6% of the electricity consumption, a value unmatched in the last 40 years. However, there were some hours when thermal fossil power plants and/or imports were required to complement the electricity supply of Portugal, these periods were nevertheless fully compensated by others of greater renewable production.

In the period under analysis, the daily share of renewable electricity in the consumption had a minimum of 86 %, on March 7, and a maximum of 143 %, on March 11. It should also be highlighted a 70-hour period, beginning on day 9, when the consumption was fully assured by renewable sources and another period of 69 hours, beginning at day 12.

These data, besides indicating a historical milestone in the Portuguese electricity sector, demonstrate the technical viability, security and reliability of the operation of the electrical system, with a large share of renewable electricity. The previous maximum occurred in February of 2014 with 99.2%.

In terms of resources, the main highlight goes to hydro and wind that accounted, respectively, for 55 % and 42 % of the monthly consumption. The total March production of renewables also avoided the emission of 1.8 million tons of CO2, which translated in savings of 21 million euros in the acquisition of emission allowances. In this analysis it is also worth noting the high monthly export balance of 19 % of the electricity consumption of Mainland Portugal (878 GWh).

This renewable share had a positive influence on lowering of the average daily wholesale market price, which was 39.75 €/MWh, price much lower than the same period of last year (43.94 €/MWh) when the weight of renewables in the electricity consumption was only 62 %.

Last month’s achievement is an example of what will happen more frequently in a near future. In fact, it is expected that by 2040 the production of renewable electricity will be able to guarantee, in a cost-effective way, the total annual electricity consumption of Mainland Portugal. However, it will eventually be necessary, here and then, the use of natural gas power plants, aggregated to interconnections and storage.

APREN and ZERO – Sustainable Earth System Association consider vital that national public policies and the European framework called “Clean Energy for All Europeans”, which is currently in the final phase of decision, enable Portugal to meet its carbon neutrality objectives by 2050, ensuring a strong expansion of solar energy and allowing decarbonisation through the increase of electricity demand in the transport and in the heating and cooling sectors.

Source: APREN

Stillwater is the world’s first power plant to combine medium enthalpy, binary cycle geothermal, solar thermal and solar photovoltaic technologies at the same site.

By combining generation technologies of different profiles at one production site, energy availability is increased and energy intermittency reduced. Geothermal and solar (thermal and photovoltaic) are complementary, meaning that production from solar is higher during the sunniest and hottest days of the year, when the thermal efficiency of the geothermal plant is lower.

The increased delivery of power during peak hours also enables a more load-following production profile. At the same time, sharing existing infrastructure enables costs-savings and reduction of the plant’s environmental impact per unit of energy produced and delivered.

In addition, research findings between March and December 2015 confirm that the combination of a 2 MW solar thermal facility with a 33.1 MW geothermal plant increased overall output at Stillwater by 3.6% compared with production from geothermal only. These findings were bolstered by the results of a study of the integration of geothermal and solar thermal. This is the first time empirical data from a commercial hybrid plant validates a theoretical hybrid model.Sin-título-1

This work was performed under the framework of the Cooperative Research and Development Agreement (CRADA) with the National Renewable Energy Laboratory (NREL) and Idaho National Laboratory (INL), under the oversight of the U.S. Department of Energy Geothermal Technologies Office.

The Stillwater plant began operation in 2009 with the completion of the geothermal plant. Since then, the site has served as a hub of innovation for Enel Green Power (EGP).Sin-título-4

In 2012, the company added a 26.4 MW solar PV unit to the geothermal plant – at the time one of the largest PV systems of its kind in the United States. In 2015, the company developed a solar thermal system to operate in conjunction with the existing Stillwater geothermal power station. By combining three renewable sources at the same location for the first time, EGP was able to fully capitalise on already installed assets, creating a more efficient and productive overall plant.

0 0

The global wind tower market was valued at more than $26 billion (approx. €23.3 billion) in 2015, and it is expected to grow at a CAGR of 7.4% during 2016-2022, according to a report issued by P&S Market Research.

The factors driving the growth of the global market include the increased government support for wind power projects, increasing global wind power capacity and need for geopolitical energy security, P&S Market Research said.

Based on application, offshore segment is anticipated to witness the highest growth (17.0% CAGR) in the global wind tower market. The global offshore wind tower market is primarily driven by increasing offshore wind capacity, and the number of offshore wind projects in the North Sea, Baltic Sea and the Atlantic Ocean. Europe held the major share in the global offshore wind tower market.

In 2015, Asia-Pacific held the largest share in the global wind tower market. The major reasons behind the growth of the wind tower market in the region are high energy demands in the region and high growth in the wind energy industry. China dominated the Asia-Pacific as well as global wind tower market. The total wind power capacity installed in China was 75.3 GW in 2012, which increased to 114.6 GW in 2014, the “Global Wind Tower Market Size, Share, Development, Growth and Demand Forecast to 2022” report says.

The wind tower market in Middle East and Africa, and Latin America is still at its nascent form. Currently, there are very few large scale wind farms, as compared to other regions across the globe. However, several countries across Latin America and Africa are framing regulations to reduce their dependency on petroleum fuels and increase production of renewable energy. This is creating abundant opportunities for the manufacturers of wind towers for their capacity and geographical expansion. The Middle East and Africa wind tower market is anticipated to witness the fastest growth (25.4% CAGR) during the forecast period, to reach $1.34 billion (approx. €1.2 billion) by 2022, the analyst and consultancy company said.

0 0

AVEVA today announced the commercial launch of AVEVA Everything3D™ 2.1 (AVEVA E3D™). The release builds on the software’s proven ability to deliver time and cost savings for brownfield and revamp projects by increasing productivity for EPCs and Owner Operators. Enhanced capabilities such as PointCloud demolition and displaying laser data directly on drawings enable designers to interact with 3D models in ways that have not been previously possible. Optimised design efficiency is delivered through an enhanced user interface which reduces learning curves and moves projects more quickly into production.

‘In the current economic climate where Capex spend is reduced, life extension of existing assets is a priority for our customers,’ said Dave Wheeldon, CTO, AVEVA. ‘Listening to that message we have put added focus on capabilities which can transform how customers perform brownfield projects, to increase productivity, improve quality and drive down project time. Brownfield projects range widely in scale with many of short duration, so being able to mobilize the systems rapidly is really important, and doing so while ensuring quality and accuracy. That has been the essence of further developing AVEVA E3D.

‘The advances in technology and user experience within this release continue to demonstrate why AVEVA E3D is the most innovative and efficient 3D design software available today and is ideal for brownfield projects of any size.’

Rick Standish, VP Solution Strategy added, ‘AVEVA E3D 2.1 takes built-in laser functionality to a new level. It includes the introduction of HyperBubble™ technology that allows the user to work in a fully immersed as-built environment. Using the laser data to model the demolition sequence prior to refit is a major step forwards which together with a unique “Laser in Draw” ensures that up-to-date laser data and design information can be used to make 2D deliverables. These unique features mean that the need to remodel existing plants prior to revamp and drawing generation has been removed and considerable man hour savings can be made on projects. This ensures that AVEVA E3D is by far the leading tool when it comes to efficient execution of brownfield projects.’

Other enhancements to usability include in-canvas commands, redesigned structural and supports modules, and improved P&ID/3D integration.
You can watch the video of the new AVEVA E3D.

COMEVAL