NEFCO Projects
From shipping wood chips to Sweden, to chipping in on hydropower in Lithuania. These are some of the energy-related projects that the Nordic Environment Finance Corporation is involved in.
Turning damaged goods into bio-fuel, with NEFCO's help. Bengt Sandberg inspects forests in the Polessk region. (Photograph: Patrik Rastenberger)
How much wood chip would you ship?
Parts of the forests of Kaliningrad lies seven meters below sea level. Consequently it requires effective ditching and continuous draining to be a resource for the timber industry. Where draining fails, small lakes are formed, damaging the trees and making them unfit for the paper industry. These damaged trees can however be cut up and used in bio fuel boilers. About 70 % is shipped to Sweden, as there are not enough heating plants in Kaliningrad. Using this in a plant in Sweden could save 77 000 tonnes of carbon dioxide emissions. Read more.
Lithuanian hydropower
Last year, the the hydropower plant in Angiriai in southern Lithuania generated a total of 4 million kilowatt hours of power, satisfying the annual consumption of almost 1300 Lithuanian households. The capacity of the power plant is 1.5 megawatts and it is one of a total of five stations that the company operates in Lithuania. NEFCO has a 13-per cent holding in the Norwegian parent company Baltic Hydroenergy AS and has been involved in modernizing and upgrading hydropower plants in Lithuania and also in Latvia. Learn more.
Latvian biogas production
The biogas investment will enable Baltic Pork to expand its existing pig farm in Allazi and also establish another one at Laubere, east of the capital, Riga. Both pig farms are to be equipped with biogas reactors, which will reduce the emissions of carbon dioxide by some 1500 tonnes per year. The investment will also reduce the amount of phosphorus and nitrogen released to the surrounding rivers and waterways by approximately 20 per cent. Learn more.
Rapeseed in the fuel tank
With support from NEFCO Victor Atamanyuk keeps his company’s fleet of machines running on rapseed oil. Atamanyuk is CEO of Shevchenko Farmer Enterprise that employs around 130 people in Rivne, 2.5 hours’ drive east of Lviv, Ukraine. Learn more.
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