{"id":59,"date":"2017-04-26T12:10:19","date_gmt":"2017-04-26T12:10:19","guid":{"rendered":"https:\/\/ar.veo.fi\/2016\/?page_id=59"},"modified":"2017-05-04T12:24:40","modified_gmt":"2017-05-04T09:24:40","slug":"thermal-power","status":"publish","type":"page","link":"https:\/\/ar.veo.fi\/2016\/annual-report\/thermal-power\/","title":{"rendered":"Thermal Power"},"content":{"rendered":"<p>We finished VEO\u2019s largest heat power project ever in Sk\u00f6vde, Sweden \u2013 completely on schedule \u2013 in cooperation with our customer Valmet. We also began a renewable energy electrification project in Denmark together with our customer Andritz. It feels good that VEO has arrived to yet another country. Congratulations, Denmark \u2013 you will hear much more from us in the future!<\/p>\n<p>I enjoy working with thermal power projects, because they combine VEO\u2019s entire knowledge potential \u2013 from the first automation and electrification concept plan to programming, production, installation, testing, excitation and training to the last handshake with a pleased end user. In between, we need to consider various demands, compete with costs, work with partner companies and supervise subcontractors. Yes, these are massive projects \u2013 probably the most comprehensive ones at VEO \u2013 but that\u2019s part of their charm. Project management and clear work phases, thoroughly planned by our professionals, ensure that we stay on schedule.<\/p>\n\t\t\t\t<div class=\"quote-block\" style=\"background-image: url(https:\/\/ar.veo.fi\/2016\/wp-content\/uploads\/sites\/3\/2017\/04\/VEO_rami-luoma-213x300.png);\">\n\t\t\t<blockquote class=\"quote-content\">\n\t\t\t\t<p>When the world is your worksite, you need to roll up your sleeves with a genuine will to cooperate.<\/p>\n\t\t\t<\/blockquote>\n\n\t\t\t<h4 class=\"quote-author\">\n\t\t\t\tRami Luoma\t\t\t<\/h4>\n\n\t\t\t<div class=\"quote-author-title\">\n\t\t\t\tKey Account Manager, CHP Plants\t\t\t<\/div>\n\t\t<\/div>\n\t\n<p>VEO is what I would call an International Integrator. When the world is your worksite, you need to roll up your sleeves with a genuine will to cooperate. Global projects don\u2019t have complimentary seats. You must be on top of things all the time. Our projects combine VEO\u2019s expertise with the know-how of our trusted partner network, and that\u2019s what makes them great. If you get the chance, I recommend visiting a VEO worksite. The level of cooperation is a pleasure to witness.<\/p>\n<p>So, what can we expect from 2017? That remains to be seen. In Q2 we probably know how the Finnish government plans to implement Finland\u2019s new energy and climate strategy, approved on 24 November 2016. One of the strategy\u2019s main goals is to replace imported energy, e.g. oil and coal, with domestic fuels by supporting CHP production facilities. The thing is, a bit under half of Finland\u2019s CHP capacity will be technically outdated in 2030. If you ask me, CHP production investments can only be encouraged through the right incentives. I also hope these incentives will kick-start renewable biofuel power plant investments. However, while Finland\u2019s primary focus is on heat production, there are several European CHP and electricity generation projects that use various energy waste products as well as biomass, e.g. wood chips and bark, and industry branch currents. I certainly see growth potential for VEO\u2019s CHP and Waste to Energy projects, particularly on the UK and Nordic markets.<\/p>\n<p><strong>Rami Luoma, Key Account Manager, CHP Plants<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2016 was a historic year.<\/p>\n","protected":false},"author":4,"featured_media":264,"parent":38,"menu_order":104,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-59","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Thermal Power - Annual Report 2016<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ar.veo.fi\/2016\/annual-report\/thermal-power\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Thermal Power - 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