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OMV, partner build photovoltaic plant in Austria

July 13/2020

MOSCOW (MRC) -- Austrian oil and petrochemicals major OMV and electricity company VERBUND on Wednesday began construction of a photovoltaic (PV) power plant at Schonkirchen, northeast of Vienna, said the company.

The project's total power generating capacity will be around 14.25 GWh. Its first phase, with 10.96 GWh, is due to start up in November. Financial details were not disclosed. Austria sees the expansion of PVs as central to achieving its renewable electricity targets.

By 2030, all electricity produced in Austria should come from renewable sources, said Wolfgang Anzengruber, VERBUNDs chairman. OMV and VERBUND are currently also working on a green hydrogen project, called UpHy, which is looking at producing hydrogen for use in road vehicles and refinery processes.

On a 13.3-hectare (133,200 m2) compound owned by OMV, a photovoltaic plant with a PV capacity of 11.4 MWp will be built in Schonkirchen in the first phase of construction. The east-west facing solar park will use 34,600 PV modules to produce around 10.96 GWh of solar power, corresponding to the annual electricity consumption of some 3,400 households and saving around 8,000 metric tons of CO2. Start-up is planned for the end of November 2020.

The final phase of construction will see another 10,400 PV modules added to the plant. This will increase the total capacity to 14.85 MWp, generating around 14.25 GWh. This is enough to meet the annual power demand of 4,400 households and will save an additional 2,400 metric tons of CO2 per year.

As MRC informed earlier, in March 2020, OMV signed agreement to increase its shareholding in Borealis to 75%, repositioning in a low-carbon world.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 595,170 tonnes in the first five month of 2020, up by 10% year on year. Deliveries of all ethylene polymers, except for linear low density polyethylene (LLDPE), rose partially because of an increase in capacity utilisation at ZapSibNeftekhim. At the same time, PP shipments to the Russian market was 457,930 tonnes in January-May 2020 (calculated by the formula production minus export plus import). Deliveris of exclusively PP random copolymer increased.

OMV (Osterreichische Mineralolverwaltung AG) is an Austrian oil company, the largest in Central Europe. Headquarters - in Vienna.
Author:Anna Larionova
Tags:petroleum products, crude oil, PP, petrochemistry, Borealis, OMV.
Category:General News
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