Fortum To Modernize Historic Untra Hydropower Plant In Sweden
Fortum will make investments over SEK 700 million (over EUR 60 million) throughout 2023-2030 to modernise Untra, one in all Sweden’s oldest hydropower crops. The funding is a part of Fortum’s strategic priorities to ship dependable clear vitality and drive decarbonisation in industries within the Nordics.
“The development of the Untra energy plant had a big affect on the primary wave of electrification and right this moment electrical energy is as soon as extra driving our transformation to Internet Zero. Hydropower, recognized for its adaptability and intensive vitality storage capabilities, continues to play an vital position in our energy infrastructure. Because of this, investments of this nature are important to make sure that hydropower maintains its place as a basic pillar of the Nordic’s carbon-neutral electrical energy manufacturing”, says Mikael Lemström, EVP Hydro Technology at Fortum.
The facility plant has an output of 42 MW. The renovation will contain the alternative of three turbine models and a big restructuring of the powerplant, all aimed to making sure Untra’s capability to contribute to present flexibility to the facility system and to provide fossil-free electrical energy to Sweden. Due to the superior turbine know-how getting used the annual electrical energy manufacturing will enhance from 270 GWh as much as roughly 300 GWh.
Untra, initially constructed in late 1911, with the objective to supply the entire Stockholm with electrical energy, performed an vital position in electrifying the Swedish Capital over the past century. Regardless of the capital’s rising demand for electrical energy, which exceeded Untra’s capability in lower than eight years, the powerplant has remained an vital a part of the Swedish energy system since then.
Of the whole funding, about half is assessed as progress capital expenditure. The funding is already included in Fortum’s dedicated progress capital expenditure of EUR 800 million for the years 2023-2025.