The new waste burning investment in the Helsinki Metropolitan Area



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The new waste burning investment in the Helsinki Metropolitan Area Vantaa Energy, Project Director Pekka Karjalainen 15.1.2010 / PK

The Vantaa Energy Group Vantaa Energy Ltd Vantaa Energy Electricity Networks Ltd 100 % Svartisen Holding A/S 49,6 % Suomen Energia- Urakointi Oy 26 % Energian Säästöpalvelu Enespa Oy 24,8 % Eastern Norge Svartisen A/S 100 % Additional shareholdings: Suomen Hyötytuuli Oy Etelä-Pohjanmaan Voima Oy Pohjolan Voima Oy Voimaosakeyhtiö SF 15.1.2010 / PK 2

Reliable energy company Nearly 100 years experience in energy supply 1910 Malmi Electricity Company Ltd (privately owned) 1960 The ownership of the company was transferred to municipalities (Vantaa 2/3, Espoo 1/3) 1970 The ownership of the company was transferred to the City of Vantaa (100 %) 1998 The City of Vantaa sold 40 % of shares to the City of Helsinki 2007 Electricity system operations were transferred into Vantaa Energy Networks Ltd (a subsidiary fully owned by Vantaa Energy) 15.1.2010 / PK 3

Vantaa Energy Group s key figures 2008 EUR mill. Turnover 203,5 Operating profit (EBIT) 35,8 Profit before taxes (EBT) 37,7 Gross investments 29,5 Return on investment (ROI) 19,2 % Return on equity (ROE) 19,4 % Equity ratio 39,9 % Number of employees (on average) 335 - Including Vantaa Energy Ltd and Vantaa Energy Electricity Networks Ltd 15.1.2010 / PK 4

Net turnover of the largest energy companies in Finland in 2008 EUR mill. Helsingin Energia 793 Savon Voima 252 Tampere 184 Vantaa Energy 204 Turku Energia 186 Oulun Energia (2007) 165 Lahti Energia (2007) 139 Vaasan Sähkö 122 Pori Energia 122 Suur-Savon Sähkö 109 Fortum (Suomi) 5636 PVO 919 Vattenfall (Suomi) 534 Fingrid 382 TVO 245 EPV 166 Energiapolar (2007) 120 Kymppivoima Tuot. (2007) 90 15.1.2010 / PK 5

Substation Heating plant Power plant Head office Waste to energy combined heat and power plant (under construction) 15.1.2010 / PK 6

Vantaa Energy provides energy services in Finland Our main products are electricity and district heating. We provide electricity to private customers in Vantaa and the entire capital region to corporate customers nationwide In district heating and transmission of electrical energy, our sole market area is Vantaa. 15.1.2010 / PK 7

Vantaa Energy s motives for taking a part in waste to energy project Potential for new profitable business. We aim at grow energy production from out of emmission trading scheme and from renewable sources. electricity production will not get free emission rights after year 2012. In heat production the free emission rights will be reduced until year 2020. The city of Vantaa neads new district heating capasity Martinlaakso boiler #1 must be stopped 2015 From the city building forecast it is foreseen that the demand of district heat will grow until the year 2020. Waste to Energy plant ensures heat supply reliability in import fuels delivery disturbances. 15.1.2010 / PK 8

Vantaa Energy s Waste yo Energy Plant Site location Långmossebergen in east-vantaa. Nominal capacity of electricity and district heat 62 MW and 99 MW. Waste will be burned in two grate fired steam generators. Electricity will be produced by a gas turbine and a steam turbine. The live steam from WtE boilers is superheated before entering the steam turbine in separate HRSG boiler of the gas turbine. Civil works will be started in the midle of year 2011. Take over earliest spring 2014 and latest beginning of year 2016. Estimation of the investment cost is 250 milj.. Number of employees 45. 15.1.2010 / PK 9

WtE-plant location Långmossebergen Kehä III Porvoonväylä 15.1.2010 / PK 10

Site december 2008 Pekka Karjalainen 2.4.2009 15.1.2010 / PK 11

Construction of the plant Two lines Chemicals Natural gas Municipal solid waste HRSG boiler Gas turbine Steam 4 Steam turbine Superheated steam District heat 1. Waste reception 2. Waste bunker 3. Grate boiler 4. Electricity and heat production equipment 5. Reactor 6. Dust separator 7. Chimney 15.1.2010 / PK 12

Steam process of the plant Gas turbine HRSG Steam turbine 25 MWbr 43 MWbr Waste fired boiler District heat 92 MW District heat 7 MW 15.1.2010 / PK 13

Annual figures of the plant Burned amount of waste 320 000 t Burned amount of gas 60,7 milj. m 3 Fuel energy total 1 540 GWh (1 GWh = 1 milj. kwh) Efficiency 83 % Annual operation hours min Production Electricity District heat 8 000 h 500 GWh 750 GWh Side products Bottom ash (slag) Boiler and fly ash Flue gas cleening products CO 2 Emissions 65 500 t 5 600 t 13 100 t 225 000 t Carbon dioxide emissions of Vantaa Energy will decrease 130 000 t 15.1.2010 / PK 14

WtE-boiler load range diameter 15.1.2010 / PK 15

District heating networks 15.1.2010 / PK 16

Combined heat and power capacity Helsinki Espoo Vantaa WtE-plant Total Heat MW 1505 584 350 99 2538 Electricity MW 1010 364 195 62 1631 15.1.2010 / PK 17

District heating network and production plants 15.1.2010 / PK 18

Annual dispersion of district heating production to production units Effect MW 600 500 400 300 200 Year 2016 according to year 2007 without WtE-plant APUJÄÄHDYTYS LK-LISÄKAASU LK-PERUSKAASU GT-LTO-K1-T1:K2-T2 GT-LTO-T1:K2-T2 GT-LTO-K2-T2 GT-LTO-T2 100 0 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 Week 15.1.2010 / PK 19

Annual dispersion of district heating production to production units 600 Year 2016 according to year 2007 Effect MW 500 400 300 200 APUJÄÄHDYTYS LK-LISÄKAASU LK-PERUSKAASU GT-LTO-K1-T1:K2-T2 GT-LTO-T1:K2-T2 GT-LTO-K2-T2 GT-LTO-T2 JVL 100 0 1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 Week 15.1.2010 / PK 20

CO 2 - emissions of the Martinlaakso power plant 120 Peat 105,9 g/mj 100 Coal 94,9 g/mj Emission g/mj 80 60 40 Natural gas 55,0 g/mj Oil 78,8 g/mj 20 Waste 31,8 g/mj 0 87 88 89 90 91 92 93 94 95 96 97 98 99 0 1 2 3 4 5 6 7 8 Year 15.1.2010 / PK 21

Illustration of the plant 15.1.2010 / PK 22

Thank you for your attention! 15.1.2010 / PK 23