Timber News

Sweden’s Karlstad Energi advances with construction of 88 MW wood-fired power project



BRUSSELS , Jan. 17, 2014 (RISI) - 

Swedish heat and electricity producer Karlstad Energi plans to inaugurate its new 88 MW combined heat and power (CHP) plant this autumn, a company representative told RISI's Wood Biomass Market Report. Located in Karlstad, Sweden, the new facility will consume wood chips sourced exclusively from local suppliers within a maximum distance of 100 km.

The total investment cost was recently reduced from SEK 1,034 million (US$160 million) to SEK 950 million ($147 million), said a company representative, adding that the new project will be financially supported through a system of green certificates for the upcoming 15 years.

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This article originally appeared on woodbiomass.com: Sweden’s Karlstad Energi advances with construction of 88 MW wood-fired power project