Stora Enso to invest EUR 25 Million to boost green energy generation at Maxau Mill, Germany

Specifications:

Name:

Stora Enso to invest EUR 25 Million to boost green energy generation at Maxau Mill, Germany

Location:

Maxau

Company:

Stora Enso

Estimated Cost:

EUR 25 Million

Source:

storaenso.com

Introduction:

Stora Enso plans to install a new steam turbine with a closed-loop cooling system and additional biomass storage at its mill in Maxau, Germany with investment cost of approximately EUR 25 million.

Features:

Stora Enso wants to secure the long-term profitable energy production in Maxau Mill by increased electricity generation and higher efficiency. The new 57 MW extraction-condensing turbine complements the existing Combined Heat and Power (CHP) plant which started up in 2010.

The investment will reduce the energy cost and secure long term cost competitiveness of the paper mill. Once installed, the payback time will be around four years.

The investment contributes to Stora Enso’s carbon neutral roadmap and science-based targets through higher share of biomass and higher efficiency ( >50 000t CO2 savings per year). The closed loop cooling system will relieve the Rhine River significantly by less thermal output and considerably lower river water extraction.