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Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Polish CIECH finalizes plans for cogeneration plant in Romania

Ciech Soda, the Romanian subsidiary of Polish chemical group CIECH, announced that it completed the feasibility study for a new cogeneration plant near its soda ash factory in Ramnicu Valcea.

The company needs a reliable source of steam to restart the soda ash production closed last year.

The Polish group now needs an investor to develop the cogeneration plant and settle the regulation-related issues with the Romanian authorities.

CIECH says that the plant can be built on the land it owns in 3-4 years, and this investment would generate 1,000 jobs. It will result in a reduction of the CO2 emissions, compared to the previous source of steam it used in the past, it argued.

“The decision to move towards the construction of the new high-efficiency cogeneration plant is conditional on the need to meet specific conditions, such as accessing EU funding; access to the cogeneration bonus system; connections to the national energy network and long-term access to fuel,” the company said in a press release, Economica.net reported.

The Polish group is ready to sign a long-term contract for the steam produced by the power plant, but it needs an investor to finance and operate it. According to the plan, the investment will be carried in two stages and involves installing two combined cycle cogeneration plants, with a total installed electrical power of 230 MW and 200 MW of industrial steam thermal installations.

andrei@romania-insider.com

(Photo source: Ciechgroup.com)

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Profile picture for user andreich
Andrei Chirileasa
Editor-in-Chief

Andrei studied finance at the Bucharest Academy of Economic Studies and started his journalism career in 2004 with Ziarul Financiar, the leading financial newspaper in Romania, where he worked for ten years, the last six of which as editor of the capital markets section. He joined the Romania-Insider.com team in 2014 as editor and became Editor-in-Chief in 2016. He currently oversees the daily content published on Romania-Insider.com and likes to stay up to date with everything relevant in business, politics, and life in Romania. Andrei lives with his family in the countryside in Northern Romania, where he built their own house. In his free time, he studies horticulture and tends to his family’s garden. He enjoys foraging in the woods and long walks on the hills and valleys around his village. Email him for story ideas and interviews at andrei@romania-insider.com. 

 

Polish CIECH finalizes plans for cogeneration plant in Romania

Ciech Soda, the Romanian subsidiary of Polish chemical group CIECH, announced that it completed the feasibility study for a new cogeneration plant near its soda ash factory in Ramnicu Valcea.

The company needs a reliable source of steam to restart the soda ash production closed last year.

The Polish group now needs an investor to develop the cogeneration plant and settle the regulation-related issues with the Romanian authorities.

CIECH says that the plant can be built on the land it owns in 3-4 years, and this investment would generate 1,000 jobs. It will result in a reduction of the CO2 emissions, compared to the previous source of steam it used in the past, it argued.

“The decision to move towards the construction of the new high-efficiency cogeneration plant is conditional on the need to meet specific conditions, such as accessing EU funding; access to the cogeneration bonus system; connections to the national energy network and long-term access to fuel,” the company said in a press release, Economica.net reported.

The Polish group is ready to sign a long-term contract for the steam produced by the power plant, but it needs an investor to finance and operate it. According to the plan, the investment will be carried in two stages and involves installing two combined cycle cogeneration plants, with a total installed electrical power of 230 MW and 200 MW of industrial steam thermal installations.

andrei@romania-insider.com

(Photo source: Ciechgroup.com)

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