Dialogue with the urban context for new energy: the Borgo Panigale cogeneration plant
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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 -
Web Content Article on-date May 10, 2018 12:49 PM
Hera BoD approves 1Q 2018 results Financial highlights Revenues at € 1,741.3 million (+10.4%) Ebitda at € 322.7 million (+5.2%) Net profits for shareholders at € 120.5 million (+9.6%) Net debt...
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Web Content Article on-date May 10, 2018 12:19 PM
2 CE 2018-02-22 Hera is one of 13 companies and associations which, together with the Foundation for Sustainable Development, have created the Circular Economy Network, the circularity...
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Web Content Article on-date Aug 24, 2018 5:37 PM
Hera is one of 13 companies and associations which, together with the Foundation for Sustainable Development, have created the Circular Economy Network, the circularity observatory in Italy. The...
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Web Content Article on-date Jul 14, 2017 12:49 PM
During 2018 AGM financial results as at 31/12/2017 are approved and major fiscal year events are presented to shareholders, with special focus on CSR and creation of shared value key indicators. ...
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Hera Shareholders Meeting: 2017 financial statements and dividends rising to 9.5 cent/share approved
Web Content Article on-date Apr 26, 2018 1:10 PM
president_110 Hera's Ordinary Shareholders Meeting called to approve the 2017 financial statements was held in Bologna this morning. Furthermore, the 2017 sustainability report (a consolidated...
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Hera Shareholders Meeting: 2017 financial statements and dividends rising to 9.5 cent/share approved
Web Content Article on-date Apr 24, 2018 4:03 PM
2018-04-26 Improvement seen in all operating-financial and sustainability indicators, with results exceeding expectations and a renewed commitment to creating shared value. Appointment of...
Comunicati stampa: Shareholders’ meeting Price sensitive -
Web Content Article on-date Apr 19, 2018 4:53 PM
LUOTW_110 The Hera Group - Italy's second operator in the water cycle, with 300 million m 3 of water sold and 3.6 million citizens served - has now become part of the Leading Utilities of the World...
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Web Content Article on-date Apr 19, 2018 3:09 PM
2018-04-18 Hera_SpA_2380_GWI_870_1524149606.1533218688.jpg The first Italian company to be admitted within this network, Hera confirms the international standing of its activities in the water...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Aug 29, 2018 3:29 PM
Hera Group will participate this year at the initiative of the University of Milan promoted by the MIP - International Polytechnic Master. The initiative will be held Friday, April 13, 2018 from...
Tipologia Evento: Job and Training -
Web Content Article on-date Apr 9, 2018 11:16 AM
647 2016 Economics results - Comments of the Hera Group President 2014-03-20 360 Fiorenza Bavieri https://www.youtube.com/watch?v=xGdob5-lsTw 2016 Economics results - Comments of the Hera Group...
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Web Content Article on-date Apr 6, 2018 11:18 AM
2018-04-06 Hera_Italgas870_1513853697.1533218766.jpg All conditions set forth in the agreement having been fulfilled, the 100% divestment of the company holding concessions for gas distribution and...
Comunicati stampa: Price sensitive M&A -
Web Content Article on-date Apr 6, 2018 10:28 AM
Tommasi_Galli_Venier110 Hera and Italgas completed today in Milan the transfer of 100% of Medea S.p.A., the company holding the concession for gas distribution and sales in the city of Sassari....
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Web Content Article on-date Apr 4, 2018 4:36 PM
2018-04-04 Publication of the draft Separate and consolidated financial statements at 31/12/2017, the Sustainability report - consolidated non-financial statement and Shareholders meeting...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Apr 6, 2018 11:43 AM
3 SR2017 2018-02-22 As of April 4 Hera's new sustainability report for 2017 can now be viewed online. With a completely new format, the report once again underlines our strong commitment to our...
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Web Content Article on-date Jul 14, 2017 12:44 PM
Meeting of the BoD to approve Financial Results as at 31/12/2017. The BoD will meet in Bologna - Viale Berti Pichat 2/4 40127 Bologna at 11 am CEST. A press release on the board's discussions and...
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Web Content Article on-date Mar 22, 2018 12:19 PM
2018-03-27 be2017_870x320_slide_eng.1522151642.jpg Improvement seen in all operating, financial and sustainability indicators. These results, which exceeded expectations, crown a path of...
Comunicati stampa: Price sensitive Financial Results -
Web Content Article on-date Mar 27, 2018 1:00 PM
Hera Group approves results at 31/12/2017 Financial highlights Turnover at € 6,136.9 million (+10.3%) EBITDA at € 984.6 million (+7.4%) Net profits at € 266.8 million (+21.1%) Net debt improves,...
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Web Content Article on-date Aug 29, 2018 3:14 PM
Hera Group will take part in the initiative to be held on Friday 23 March 2018 from 9.00 to 17.30 at the University of Ferrara. For more information: go to the website of the University of Ferrara...
Tipologia Evento: Job and Training -
Web Content Article on-date Mar 20, 2018 5:22 PM
2018-03-20 Nuova_Palazzina_1_870x.1533219432.jpg Headquartered in Atessa (Chieti), Sangroservizi offers natural gas sales services to roughly 7,000 customers. Following the recent acquisition of...
Comunicati stampa: Price sensitive M&A
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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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