- Others
- Wednesday, 27 May 2020
Alfa Laval Signs Agreement for Waste Heat Recovery Units - Newly Developed for Land-based Applications
The agreement stretches over two years and comprises the delivery of Alfa Laval Micro units to power plants in Asia. Once installed, the units will recover waste heat to produce hot water which will be used for generating additional electricity. The new system can recover enough heat to boost power production by an additional 6-8 percent.
"This is an interesting, new application for Alfa Laval where we see a great potential," says Susanne Pahlén Åklundh, President of the Energy Division. "We have worked with solutions for waste heat recovery for decades, and with the new Alfa Laval Micro WHR unit we complement our offering. This product can recover heat from any source with warm exhaust gases, such as power plants, and convert it into additional electricity. It is beneficial both for our customers' bottom line, and for the environment."
The two-year frame agreement has a total value of approximately SEK 60 million, split 50/50 over 2020 and 2021. As of the first quarter 2020, some SEK 30 million had already been booked in the Gasketed Plate Heat Exchangers unit of the Energy Division.
Energy recovery (and reuse) is vital to achieve energy efficiency in industrial processes. It is predicted that energy efficiency will be the main contributor to reaching the Paris Agreement.
Related Industry Updates
Google halts political ads in Singapore as election looms: documents
Dec 04, 2019
Kao USA, Inc announces the launch of MyKirei
Apr 07, 2020
North America Atrial Fibrillation Devices Market Recent Activity during 2019-2027| AtriCure, Biotronik, Biosense Webster
Dec 16, 2020
Europe Biofilms Treatment Market worth US$ 833.61million by 2027 - Exclusive Report by Business Market Insights
Feb 01, 2021
S&P Global Platts Launches eWindow for Platts JKM LNG Derivatives
Jun 01, 2020
Health insurer shares pummeled by Sanders surge, virus worries
Feb 25, 2020
Nearly Half of Baby Boomers Don't Know When to Add Fixed Income Investments to Their Portfolios According to National Research Study from BNY Mellon Investment Management
Nov 18, 2019