Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article on-date Jun 18, 2020 1:04 PM
2020-06-18 Today, Hera acquired 4,688,231 Ascopiave shares from A2A, equivalent to 2% of the share capital, for a price set at 3.905 euro per share and a total of roughly 18.3 million euro. Today,...
Comunicati stampa: Financial Results Price sensitive -
Web Content Article on-date Jun 18, 2020 1:04 PM
2020-06-18 Today, Hera acquired 4,688,231 Ascopiave shares from A2A, equivalent to 2% of the share capital, for a price set at 3.905 euro per share and a total of roughly 18.3 million euro. Hera...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 11, 2020 9:49 AM
2020-05-13 Q1 2020 results The consolidated quarterly report at 31 March shows growth in results, thanks to the contribution coming from the Group's main business areas. Value continues to be...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 13, 2020 3:19 PM
2020-05-13 In a meeting held today, Hera S.p.A.'s Board of Directors assessed the independence of its own members, appointed by the Shareholders Meeting convened for 29 April 2020. Based on...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 21, 2020 11:29 AM
2020-05-07 The focus of the 2019 Sustainability Report goes to the areas served and the creation of shared value. The Group thus confirms its efforts in responding to today's environmental and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 23, 2020 9:32 AM
2020-03-25 Financial results as at 31/12/2019 The Group, included one year ago in the FTSE MIB, closed the year with improvement in all main results, continuing along its path of uninterrupted...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 13, 2019 11:30 AM
2019-11-13 NexMeter_450x.1573641982.jpg The 2019 European Utility Week includes a preview of the new smart gas meter 4.0, provided with advanced technology and functions, and features that are...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 11, 2019 4:11 PM
2019-11-13 Results as at 30 September 2019 The Group closed the first nine months of the year with particularly positive results, higher than expectations, and with the third quarter showing...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 25, 2019 11:38 AM
2019-07-30 Results for 1H 2019 A highly positive half-year, thanks to the organic growth achieved in all business areas. At the same time, intense activity in external development and an increase...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 14, 2019 9:48 AM
2019-05-15 Results as at 31 March 2019 Consolidated 1Q report shows growing results and a positive contribution coming from all main business areas, in particular the water cycle and gas. Focus on...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 28, 2019 9:23 AM
2019-03-28 Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 30 April 2019, is available to the public at company headquarters, the authorised...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 25, 2019 9:34 AM
2019-03-27 Results at 31/12/2018 The multi-utility, included as of Monday 18 March in the FTSE MIB, closed the year with all main results improving beyond expectations, reaching the milestone of a...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jan 28, 2019 12:07 PM
2019-01-28 Calendar of events CALENDAR OF CORPORATE EVENTS (*) In accordance with art. 2.6.2 (Required Reporting) of the "Rules of the markets organised and managed by Borsa Italiana S.p.A.",...
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Web Content Article on-date Jan 7, 2019 10:13 AM
2019-01-10 Based on solid forecast for 2018, which significantly exceeded the goal of one billion in Ebitda, this new strategic plan confirms the path of uninterrupted growth achieved by the Group...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 23, 2018 1:59 PM
2018-11-23 This partnership will allow the oil collected by Hera (800 tons in 2017) to be converted into Eni Green Diesel at Eni's Venice bio-refinery. The environmental benefits are significant,...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Nov 6, 2018 2:49 PM
2018-11-08 Results as at 30 September 2018 Consolidated 3Q results at 30 September confirm the growth in operating and financial indicators already seen in the first half of the year, with positive...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Sep 6, 2018 11:45 AM
2018-09-06 Logo_Thomson_Reuters_250x_s1_1507625922.1533221375.jpg Conceived to provide orientation for investors showing interest towards companies committed to promoting diversity, inclusion and...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Jul 26, 2018 11:53 AM
2018-07-30 Results as at 30 June 2018 The consolidated half-year report at 30 June confirms growth in operating and financial indicators, in line with the first quarter, with a positive...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 18, 2018 2:21 PM
2018-05-17 Stefano_Venier.1534258940.jpg After launching the first green bond in 2014, the Group now confirms its place at the nations' forefront in the use of new sustainable financial...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date May 7, 2018 11:37 AM
2018-05-10 Results as at 31 March 2018 The consolidated quarterly report at 31 March shows growth in all operating and financial indicators, with a positive contribution coming from all business...
Comunicati stampa: Price sensitive Financial Results
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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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