The inauguration of the straw-fired power plant Brigg, which supplies power to 70,000 British households is an important milestone for Pension Denmark.
Today was biomass power plant Brigg Renewable Energy Plant in Lincolnshire in England officially opened. The 40 MW straw-fired power plant built by BWSC Ltd. (BPCL), which was established in 2013 by the Pension Denmark, Burmeister & Wain Scandinavian Contractor (BWSC) and Copenhagen Infrastructure Partners (CIP).
Brigg is based on Danish biomass energy supplied by BWSC and built to BWSC through a turnkey contract (known as EPC contract). BWSC is also responsible for operation and maintenance of the power plant for the next 15 years. Pension Denmark has invested 1.1 billion.kr. Brigg while BWSC has invested 0.3 billion. kr.
“We are extremely pleased with the good cooperation with CIP and BWSC. With the joint venture we have found a model that gives Pension Denmark attractive returns with limited risk. At the same time, we contribute to the green transition and to increase Denmark’s exports of energy.Therefore, we see a strong potential in these types of partnerships, “says Torben Möger Pedersen, Managing Director, Pension Denmark and continues.
“Brigg is a good example of how Danish institutional investors and Danish technology companies may enter into partnerships and contribute with fully funded solutions to the many areas for investment realization of UN sustainability contains, and which is one of the key recommendations in the recently published Taksøe -Jensen report on Denmark’s foreign and security policy “.
Brigg Renewable Energy Plant (Brigg) primarily uses straw as fuel and has a capacity of 40 MW, which corresponds to the total consumption of ~ 75,000 households and an estimated annual reduction in CO2 emissions of ~ 250,000 tons. The power plant consumer ~ 250,000 tons of straw per year, supplied by farmers from the community. The power plant boiler has been provided by the Danish technology company BWE.