Over the last years before construction, the climate for CHP investment strongly deteriorated. Price developments in the gas and electricity markets meant that new investments were often impractical. Favourable local circumstances however made the Antwerp CHP project. .
Although still using fossil fuels, CHP plants use them much more efficiently (the “total energy” principle) than by producing electricity alone. With CHP, an ‘engine’ burns the primary. .
INEOS Oxide, part of the €5bn INEOS Group of Companies, produces intermediate and speciality chemicals with production sites including Antwerp, Belgium and. [pdf]
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