Uniper Partners Up With BP-Owned Refinery for District Heating
July 15 2020 - 4:33AM
Dow Jones News
By Giulia Petroni
Uniper SE said Wednesday that its Uniper Waerme GmbH unit would
cooperate with BP PLC's fully-owned refinery Ruhr Oel GmbH - BP
Gelsenkirchen to use industrial waste heat for the supply of
district heating.
The German utility company said a total of around 33 million
euros ($37.6 million) would be invested for the project.
"According to initial calculations, this will enable us to save
around 60,000 tons of CO2 emissions per year," said Nikola
Feldmann, managing director at Uniper Waerme.
The first heat could be fed into UWG's district heating grid
starting in the fourth quarter of 2022, Uniper said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
July 15, 2020 05:18 ET (09:18 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
BP (NYSE:BP)
Historical Stock Chart
From Apr 2024 to May 2024
BP (NYSE:BP)
Historical Stock Chart
From May 2023 to May 2024