Vattenfall invests SEK 3.5 billion in new biomass heat plant in Uppsala

Date: 19 December 2018

Energy utility major Vattenfall AB has announced that it will go ahead and invest a total of SEK 3.5 billion (≈ EUR 340 million) in a new heating plant in Uppsala, Sweden. As a result, the use of fossil fuels will cease and residents in Uppsala will be provided with fossil-free heating. The option of adding a turbine to boost electricity generation is also being investigated.

According to a statement, Vattenfall has decided to go ahead and invest a total of SEK 3.5 billion (≈ EUR 340 million) in generation facilities and grid infrastructure in Uppsala to streamline heat production and phase out fossil fuels. In accordance with the Uppsala Climate Protocol partnership, Vattenfall has undertaken to halve carbon dioxide (CO2) emissions by 2020 and become fully carbon neutral by 2030. This target will now be achieved.

Source: Bioenergyinternational.com