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Company News

  • 23/11/2012
    The Energy Investment Company Launched a New Product - BKO (25-100) Lump Brown Coal
  • 29/10/2012
    The Energy Investment Company Opened a New Iskrenne Railway Station of the Odesa Railway for Brown Coal Transport Operations
  • 25/10/2012
    The Energy Investment Company Has Complete Overburden Works at the Brown Coal Deposit
  • 26/09/2012
    The Energy Investment Company Took Part in the Energy in Industry 2012 Exhibition




German Vattenfall Launched a Lignite-Fired Power Plant in Saxony

October 2012, the German subsidiary of Vattenfall launched a lignite power plant. This step is in sharp contrast with the energy strategy of the country, which focused on renewable energy projects and closed the nuclear power industry.
Boxberg R Power Plant in eastern Saxony will work on local brown coal from the adjacent East German mines. Plant capacity is 675 megawatts (MW), and construction costis about 1 billion euro.
Stanislaw Tillich, the Head of Saxony, said that the local brown coal will be an additional source of energy along with solar and wind energy, and ensure sustainable development of the region.
“Brown coal is an important source of energy, as it ensures uninterrupted supply”, - he stressed.
Last year Germany adopted a law under which nuclear power plants with total capacity of 12,696 MW will be closed over the next 10 years. Thus, the country will need to find other ways of producing energy, particularly through exploration of new gas and coal-fired power plants.
Boxberg R will produce 2575 megawatts, enough to power four million households.