Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 8, 2022 10:30 AM
2022-06-08 The Hera Group subsidiary is among the first public lighting companies in Italy to include in its articles of association a commitment to produce benefits for its stakeholders,...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Jun 3, 2022 2:34 PM
2022-06-06 Please note that the deed of execution dated 18 May 2022 relating to the issue by Hera S.p.A. of a 500 million euro Green Bond is available to the public at its registered office, on...
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Web Content Article on-date May 18, 2022 5:53 PM
2022-05-18 Strong interest shown by international investors for the third “green bond” which will finance the sustainability projects of the multiutility in the areas of integrated water cycle,...
Comunicati stampa: Price sensitive Hera Spa -
Web Content Article · written-by Palvi Andrea Tonziello on-date May 17, 2022 10:13 AM
2022-05-17 The new Green Financing Framework of the Hera Group, together with the “second party opinion” released by Sustainalytics, sets out the guidelines for issuance of green bonds and for new...
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Web Content Article on-date May 12, 2022 1:48 PM
2022-05-12 Kindly note that as of today the minutes of the Shareholders Meeting held on 28 April 2022, as well as the articles of association containing the amendments approved by the...
Comunicati stampa: Shareholders’ meeting Hera Spa -
Web Content Article · written-by Palvi Andrea Tonziello on-date May 11, 2022 2:54 PM
2022-05-11 In today's meeting, the Board of Directors – following the resignation of CEO Stefano Venier, announced on 5 April and effective as of 26 April 2022 – appointed Orazio Iacono by...
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Web Content Article · written-by Palvi Andrea Tonziello on-date May 11, 2022 3:26 PM
2022-05-11 The consolidated quarterly report at 31 March shows growth in revenues and Ebitda, proving the solidity and resilience of the Hera Group’s business model even in this difficult economic...
Comunicati stampa: Financial Results Hera Spa Price sensitive Other press releases -
Web Content Article · written-by Palvi Andrea Tonziello on-date May 4, 2022 11:59 AM
2022-05-05 Hera continues to create shared value by focusing on the principles underlying a “fair transition” and is able to support the communities it serves in achieving sustainable development....
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 28, 2022 9:48 AM
2022-04-28 On the twentieth anniversary of its foundation, the Group continues along the path of growth that has distinguished it since its establishment, confirming its commitment to sustainable...
Comunicati stampa: Shareholders’ meeting Hera Spa Price sensitive -
Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 27, 2022 10:37 AM
2022-04-26 As regards the appointment, by the Mayor of Bologna, of Mr. Orazio Iacono as member of the Board of Directors of Hera S.p.A., indicating him for the position of CEO, the company...
Comunicati stampa: Price sensitive Hera Spa Other press releases -
Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 22, 2022 12:24 PM
2022-04-22 A protocol has been signed to implement environmental sustainability and circular economy initiatives, reducing waste, recovering resources and optimising the water cycle to reduce...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 21, 2022 3:36 PM
2022-04-21 The country’s leading catering company and the Emilia-Romagna based multi-utility have forged a circular economy partnership Elior, Italy’s foremost catering company, and the Hera...
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Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 21, 2022 2:03 PM
2022-04-21 The agreement aims to synergize the data collected by the networks in the gas-electricity multiservice area The results of this collaboration could be of interest to multi-utility...
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Web Content Article on-date Apr 13, 2022 10:30 AM
2022-04-13 In addition to the information provided on 5 April 2022, Hera S.p.A., as requested by Consob, states the following: CEO Stefano Venier has resigned from his office, effective as of 26...
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Web Content Article on-date Apr 7, 2022 11:07 AM
2022-04-07 Bologna, 7 April 2022 – The following table contains the data concerning the shares outstanding and the number of voting rights representing the share capital as at 31 March 2022. ...
Comunicati stampa: Shareholders’ meeting Hera Spa -
Web Content Article · written-by Palvi Andrea Tonziello on-date Apr 6, 2022 9:59 AM
2022-04-06 Kindly note that the following documents, approved by the Hera S.p.A. Board of Directors, have been made available to the public at company headquarters, on the website...
Comunicati stampa: Shareholders’ meeting Financial Results Hera Spa Price sensitive -
Web Content Article on-date Apr 5, 2022 12:36 PM
2022-04-05 The Board of Directors of Hera S.p.A., after meeting today, acknowledged the resignation of Stefano Venier as Chief Executive Officer of the Company, formally presented on 4 April 2022....
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Web Content Article on-date Mar 23, 2022 10:19 AM
2022-03-23 The year ended positively, with all operating and financial indicators up compared to 2020. Financial solidity, the pursuit of sustainable development and the value creation for local...
Comunicati stampa: Price sensitive Hera Spa Financial Results -
Web Content Article on-date Feb 1, 2022 12:28 PM
2022-02-01 For the second time in a row, Hera has been awarded the S&P Global Gold Class Sustainability Award. This is the highest recognition reserved for listed companies included in the Dow...
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Web Content Article · written-by Marco Beccati on-date Jan 27, 2022 11:01 AM
2022-01-27 The new five-year strategic document builds on the Group’s path of growth, with investments coming to over 3.8 billion and concrete energy transition and circular economy projects. The...
Comunicati stampa: Price sensitive Other press releases Hera Spa
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District heating is already in itself a "sustainable" and environment-friendly solution, because it can guarantee better performance than traditional domestic boilers. In addition, the plant located in Borgo Panigale ensures lower emissions into the environment, more reliability and greater availability of energy. The system can heat the equivalent of 8,000 residential units. Currently, the turbines can produce 35,000 MWh of energy per year, almost twice as much as in the past.
When going by the roundabout between Via Prati di Caprara and Via Vittorio Sabena in the Reno di Borgo Panigale neighbourhood in Bologna, it seems like you are passing next to a gigantic colourful radiator. It has the appearance of a modern work of art, but instead it is the Hera Group’s new cogeneration plant.
This plant has changed the face of the entire neighbourhood since it was inaugurated in October 2017. Its characteristic element is the elliptical structure covering the stack of the plant. It consists of 576 plates of colourful porcelain stoneware arranged on multiple overlapping rings that create a combination of colours and light with the nuances typical of the city of Bologna: brick red, ochre yellow, tuff yellow, dark brown and rust.
Hera’s undertaking for an efficient district heating system
The Cogen plant, which stands in Via Paolo Nanni Costa, is not only Hera’s jewel from the architectural viewpoint - perfectly integrated with the new urban context of the neighbourhood - but is also the Group’s pride and joy from the production viewpoint. Entirely designed and built by Heratech, the engineering essence of the Hera Group, the plant produces energy in cogeneration, meaning both electricity and hot water necessary for the district heating network. Built thanks to an investment topping Euro 17 million, the plant heats the equivalent of 8000 housing units and currently the turbines produce up to 35,000 Mwh of energy a year, almost double that of the past.
District heating is already in itself a “sustainable” and eco-friendly supply because it is able to guarantee greater efficiency than the traditional household boilers. What’s more is that the plant guarantees less atmospheric emissions, greater reliability and a higher availability of energy with 90% efficiency.
What does all of this mean in terms of benefits for the environment? It is like planting 25,000 new trees every year. Or stopping the flow of traffic of 8000 vehicles during the same period.
Technology, efficiency, reutilisation of the land
The use of advanced technology and energy efficiency are therefore the cornerstones of this work, in line with Hera’s mission for sustainable development. But that’s not all. The new Cogen district heating plant made a remarkable impact also in terms of land reutilisation. Built on the site of the thermoelectric plant in operation since the 1990s, the Cogen plant allowed the plant in Via Segantini to be shut down and today only one plant is able to cover the same requirement guaranteed by the two of the past. (is it advisable to say that?) Yes, I think so
This is an enormous goal that Hera has met, which sets upgrading existing facilities one of its primary objectives. If the percentage of land reutilisation was 77% in the Group Sustainability Report closed in 2019, the development of the network works and of plants presently in progress and included in the 2020-2023 Industrial Plan will allow 73% of reutilised land to be guaranteed. (data updated to 2019).
The undertaking of the Hera Group for energy efficiency
The Borgo Panigale Cogen plant is part of the 343 interventions forming the plans for improvement of Hera, Inrete, AcegasApsAmga and Marche Multiservizi at year-end 2019, and that will allow consumption to be cut by 13,740 Tep (-5.9% energy consumption compared to 2013), passing the target set for 2020 by -5%. (data updated to 2019).
The Bologna Cogen plant in figures:
- 8,000 housing units served
- 35,000 Mwh energy produced each year
- Euro 17 million invested
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