On September 9, 2022, France-headed waste management and energy utility major Veolia Environnement SA (Veolia) announced that CHP-Invest Kft and Újpalotai Energia Kft, both companies belonging to its subsidiary Veolia Energy Hungary Co. Ltd, have acquired the assets of the Oroszlányi Erőmű Zrt power station in Oroszlány, Hungary from Vértesi Erőmű Zrt, a subsidiary of state-owned MVM Zrt.
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According to a statement, the Oroszlányi Erőmű plant is Hungary’s fifth-largest coal- and biomass-fired power plant, though it has been out of service since December 31, 2015, and is currently in a conserved state.
Retrofit and restart
Veolia says that its goal is to renovate and modernize the Oroszlány power plant, then re-commission it on the basis of mixed fuel, mainly biomass and, to a lesser extent, solid recovered fuel (SRF) – a non-recyclable waste prepared for energy recovery purposes.
As part of the development, the previously coal- and biomass-fired power plant blocks will be converted to two 50 MWe power units, based on the burning of available biomass that can be supplied from the surrounding area.
Veolia says that the development will greatly contribute to the fulfillment of Hungary’s international obligations in the area of the use of renewable energy sources (+0.6 percent), the reduction of carbon dioxide (CO2) emissions, and also serves the fulfillment of the objectives of job creation (200 direct and 250-300 at suppliers), sustainability and innovation.
The Oroszlány power plant is expected to start operating again at the beginning of 2024. the value of the transaction has not been disclosed.