Lounavoima is a partner in innovative circular economy and energy solutions
The company actively seeks technical solutions for reducing emissions and improving energy efficiency. Lounavoima is a competitive partner in innovative circular economy and energy solutions in the Korvenmäki area. The company actively promotes solutions that support its shareholders’ objectives in material recycling and emissions reductions.
The City of Salo has elevated the circular economy hub that centres around the waste-to-energy plant to the status of key project. The circular economy is an opportunity for diversifying the city’s economic structure. By promoting circularity we are also responding to some of the greatest global challenges faced by the world, such as diminishing natural resources and climate change.
Heat for the winter from deep heat storage
Salo is taking a new step towards zero-emissions heat generation. A heat storage facility is being bored into the bedrock on the site of the Korvenmäki WtE plant, for the purpose of storing excess heat generated during the summer. The stored heat will then be used to ease the winter’s peak demand. The storage facility is currently under construction, with the first phase scheduled for completion during 2021.
In this first phase, one borehole with a depth of approximately two kilometres will be drilled in Korvenmäki. If all goes to plan, there will be a total of six deep heat boreholes on the WtE plant’s grounds. The six-well store will produce 8–10 GWh of heat per year, which corresponds to the heating needs of 400–500 detached houses.
With the completion of the WtE plant, Salo’s carbon dioxide emissions from district heating generation were halved, as waste fuel replaced fossil fuels and peat. The heat storage facility will further improve the plant’s district heating efficiency, as excess heat produced in the summer can be stored and used later when demand is at its highest in winter. The district heating from the storage facility has zero carbon dioxide emissions.
The Finnish Ministry of Economic Affairs and Employment gave the Lounavoima heat storage project an investment grant. This financing was intended for renewable energy projects that offer cutting-edge energy solutions that can help in meeting Finland’s and the European Union’s targets for 2030.