Finnish door factory invested into geothermal heating system
Information
Impacts:
Energy
Carbon
Sector:
Manufacture of furniture
Investment cost:
High cost
Cost savings:
Return on investment: 9 % on annual savings of € 5 520
Payback time:
Investment of € 53 000 with an estimated ten-year payback time
Cost:
High cost
Co2 emission reduction:
18 667 kg/a
Opening the door to savings
- Traditional sector explores renewable energy alternatives
- The results prove to be worth the investment
A Finnish door factory situated in Northern Ostrobothnia changed its former electricity based water circulating heating system into one using geothermal heating, an abundant and renewab;e source of energy store deep in the ground.
After an investigation of viable alternatives, a new system was introduced and the savings were clear to see.
Key benefits
- Annual electricity consumption in the plant before changing the heating system was 70 000 kWh
- The changeover required an investment of € 53 000 with an estimated ten-year payback time; the annual yield on the investment is thus 9 %, with yearly savings of € 5 520
- The resulting reduction in CO2 emissions is estimated to be 18 667 CO2 kg annually, which decreases the impact on the environment
- Cooling system for use during the hotter summermonths were later introduced
- Geothermal energy is a cheap and secure source of energy
Ovitehdas siirtyi maalämpöön (Case study in Finnish), Energialoikka, http://www.energialoikka.fi/ovitehdas-siirtyi-maalampoon/