Biomass is a CO2-neutral way to produce electricity, heat and traffic fuels. Biomass is used a lot in the forested Nordic regions where the fuel is available cost-efficiently.
Sweden’s biggest biofuelled combined heat and power (CHP) plant is being built in Värtan, Stockholm. When the plant is taken into use in 2016, CO2 emissions globally will decrease by 650,000 tonnes per year as the plant will use forest industry residues, such as woodchips, brushwood, bark and branches as the fuel.
CHP means that both electricity and heat are produced from the same fuel, making it very energy efficient. During the past few years Fortum has invested significantly in new CHP plants in Finland, Sweden, Estonia, Latvia, Lithuania and Poland.