In Stage two, when the network will reach its fullest expanse, further investments are needed to be able to cover the demand from the community. VIDA Paper AB will then have to increase its heat producing capacities by investing in a new bio-fuel heater, either based on hot water or steam. The total worth of such an investment would be between SEK25-40 million. A choice of a steam based technique, would also enable VIDA Paper AB to complement the heat production with production and distribution of electricity of up to 27 GWH .
If the whole project is realized it would mean a total investment of approximately SEK 80 million for VIDA Paper AB.
The objective of whole project is to increase availability of environmentally friendly energy; heat and electricity, both locally and on the open Nordic market.
"This is another step in line with the strategy of joint paper and energy production, that was the basis for the purchase of Lessebo Mill and this will secure the future of VIDA Paper AB further", says VIDA group's CEO Santhe Dahl.
"I see this as something very positive and progressive to be able to make such a strategic important investment in the future as this is. This is good news both for VIDA Paper AB and for future generations", says VIDA Paper's MD Jan Fjeldså.