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Home / Bioethanol / News Belorussia: Energy study is next step in Greenfield's ethanol projectMINSK, 30 March 2008 — Greenfield Project Management today announced the start of a comprehensive energy system study for its proposed bioethanol plants at Mozyr and Bobruisk, to be carried out by the Swedish firm of consultants SEP Scandinavian Energy Project AB.
The company's chief executive officer, Michael Rietveld, told journalists in the Belarus capital that Greenfield will be investing at least €65 million into developing the projects in the course of 2008, having concluded a round of financing. «We've been delayed by the difficult conditions caused by the turmoil in Western financial markets,» said Mr Rietveld, «but we are now able to confirm a first tranche of financing to carry the projects forward this year.» Later, an Environmental Impact Assessment Study (EIS) will be carried out in conjunction with the Front End Engineering Design (FEED). The EIS will follow the European Investment Bank format for such studies. Both the energy study and the EIS will conform to the highest international standards. The final stage of these preparatory steps, the Front End Engineering Design (FEED), will be undertaken by Greenfield's technology partners. This should be concluded in the third quarter of 2008, after which the project can proceed to EPC (engineering, procurement and construction). To oversee the activity, a steering committee has been set up in Minsk co-chaired by the partners in the joint ventures, Greenfield and the two Belbiopharm subsidiaries, with expert personnel from both. The criteria set out by Energy Charter (Europe) in respect of energy security and other matters will be observed by the Greenfield ventures.
S.E.P. Scandinavian Energy Project AB is a true consulting company with several hundred years of accumulated experience within the power, pulp & paper, chemical and petrochemical industries. It is an independent, privately-owned company, composed of some of Scandinavia's most highly qualified energy and environmental specialists and process engineers. Most of SEP's consultants have extensive practical experience with domestic and international energy projects, environmental projects, chemical and petrochemical production plants and pulp & paper factories. S.E.P. has also built an external network of independent specialist resources which can be engaged for different assignments, so it can put together a team covering most requirements in respect to competence and manpower. S.E.P. is an active member of the Thermal Engineering Research Institute (Värmeforsk) in Stockholm, Sweden and registered at the European Commission PHARE/TACIS Central Consultancy Register, No. SWE-20239. S.E.P.'s prime business idea is to provide clients with leading edge expertise in the field of thermal energy conversion. The firm's attitude is that one can not improve the energy situation without considering environmental issues; they are two sides of the same coin.
Date: 31.03.2008 Leave your comment
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