Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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Web Content Article on-date Aug 7, 2019 10:46 AM
The meeting of the BoD to approve ad interim results as at 31 March 2020 will be held on 13 May 2020. The Board of Directors, as communicated for the previous financial year and in line with the...
Tipologia Evento: Price sensitive -
Web Content Article on-date May 13, 2020 11:37 AM
1Q_2020_eng_110 Financial highlights Revenues at 2,055.8 million euro (+5.9%) Ebitda at 349.2 million euro (+5.6%) Net profit at 130.3 million euro (+0.5%) Net financial position at 3,229.1 million...
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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 8, 2020 10:48 AM
2020-05-08 Kindly note that as of today the minutes of the Shareholders Meeting held on 29 April 2020, as well as the articles of association containing the amendments approved by the...
Comunicati stampa: Shareholders’ meeting Price sensitive -
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 Apr 9, 2020 3:47 PM
Together to move forward We have also activated a COVID-19 insurance policy for all employees of the Hera Group who are infected, bearing the corresponding cost. Insurance policy 2020-04-09...
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Web Content Article on-date Aug 7, 2019 10:28 AM
During 2020 AGM financial results as at 31/12/2019 will be approved and major fiscal year events will be presented to shareholders, with a special focus on CSR and creation of shared value key...
Tipologia Evento: Price sensitive -
Web Content Article on-date Apr 29, 2020 4:22 PM
2020-04-29 The Group continues along its path of growth, creating value for shareholders and local areas. Continuity in governance, with the new Board of Directors confirming Tomaso Tommasi di...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 29, 2020 12:55 PM
President_and_CEO_110 The ordinary and extraordinary sessions of the Hera Shareholders' Meeting were held in Bologna this morning. Following the resolutions approved, the Meeting appointed the...
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Web Content Article on-date Apr 15, 2020 1:07 PM
assemblea_soci_110 Due to the ongoing health emergency, the Hera Group Shareholders' Meeting, confirmed for 29 April, 2020, won't be held in the usual modalities. However, we have prepared all the...
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Web Content Article on-date Apr 10, 2020 12:34 PM
BE_2019_ENG_110 Just a few days after the approval of the financial results as at 31 December 2019, Hera Group's financial statement 2019 can today be consulted in full online. In just a few...
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Web Content Article on-date Apr 8, 2020 12:26 PM
2020-04-08 riunione.1501227958.jpg Publication of documents related to the AGM of 27 April 2017 The lists containing candidates for the appointment of the Board of Directors and the board of...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 7, 2020 7:23 AM
2020-04-07 Publication of the draft Separate and consolidated financial statements at 31/12/2019 Kindly note that the following documents, approved by the Hera S.p.A. Board of Directors, have been...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 2, 2020 4:19 PM
2020-04-03 With reference to the Extraordinary and Ordinary Shareholders' Meeting of Hera S.p.A., convened at the registered office in Bologna, Viale C. Berti Pichat no. 2/4, for the day of 29...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Aug 7, 2019 10:22 AM
The meeting of the BoD to approve the Financial Results as at 31/12/2019 will be held on 25 March 2020. The BoD will meet in Bologna - Viale Berti Pichat 2/4 40127 Bologna. A press release on the...
Tipologia Evento: Price sensitive -
Web Content Article on-date Mar 25, 2020 2:28 PM
Financial results as at 31 December 2019 Turnover at 7,443.6 million euro (+12.3%) Ebitda at 1,085.1 million euro (+5.2%) Net profits at 402.0 million euro (+35.5%) Proposed dividends at 10 Euro...
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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 Mar 24, 2020 3:39 PM
393 BS 2019 2016-10-10 The 2019 Sustainability Report was approved. The sustainability report was drafted during the health emergency caused by the spread of the Coronavirus in our country and...
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Web Content Article on-date Mar 17, 2020 8:27 AM
2020-03-17 Kindly note that the following documentation, pertaining to the Shareholders Meeting convened for 29 April 2020, is available to the public at the Company headquarters, on the...
Comunicati stampa: Shareholders’ meeting Price sensitive
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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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