EQS-News: ANDRITZ to supply equipment for ‚green battery‘ Ebensee, Austria

EQS-News: Andritz AG / Key word(s): Incoming Orders/Miscellaneous
ANDRITZ to supply equipment for ‚green battery‘ Ebensee, Austria

23.11.2023 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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GRAZ/VIENNA, NOVEMBER 23, 2023. International technology group ANDRITZ, a
leading company in the field of energy and environmental technologies, has
received an order from the Upper Austrian utility Energie AG to supply the
electromechanical equipment for the new Ebensee pumped storage power
plant. This groundbreaking project not only marks the largest single
investment by the energy utility, but also represents a significant step
towards climate neutrality.

The advanced pumped storage plant will act as a green battery by balancing
fluctuations in power generation from wind and solar plants, thus ensuring
security of supply for the population. It takes advantage of the
topography to store energy and make it available whenever needed.

Excess energy from renewable sources will be used to pump water from the
Traunsee lake into a mountain reservoir 500 meters higher up at Grosser
Sonnstein. When needed, the stored water will be released to generate
energy that would otherwise have to be produced from fossil sources.
ANDRITZ will equip the power plant with a 170-megawatt variable-speed
reversible pump turbine, the generator and related automation.

The groundbreaking ceremony took place in October 2023. Scheduled to start
commercial operation in 2028, the plant will be able to supply 280,000
households with green electricity.

Given the global increase in energy demand and the growing share of
volatile renewable energy sources, economical solutions for storing large
amounts of energy are critical. Pumped storage power plants currently
represent the most efficient method of storing large amounts of energy for
extended periods of time. They therefore play a key role in the clean
energy transition.

ANDRITZ is proud to be part of this pioneering project and to make a
significant contribution to a clean and sustainable energy future through
state-of-the-art equipment and expertise.

– End –

PRESS RELEASE AND PHOTO AVAILABLE FOR DOWNLOAD
The press release and photo are available for download at
[1]andritz.com/news. The photo may be published free of charge if the
source is stated: “Copyright: Energie AG OÖ”.

FOR FURTHER INFORMATION, PLEASE CONTACT:

ANDRITZ-GROUP
Susan Trast
Vice President Group Communications and Marketing
[2]susan.trast@andritz.com
[3]andritz.com

ANDRITZ HYDRO
DI Alexander Schwab
Senior Vice President Market Management & Corporate Communications
[4]alexander.schwab@andritz.com
[5]andritz.com

ANDRITZ GROUP
International technology group ANDRITZ offers a broad portfolio of
innovative plants, equipment, systems, services and digital solutions for
a wide range of industries and end markets. Sustainability is an integral
part of the company’s business strategy and corporate culture. With its
extensive portfolio of sustainable products and solutions, ANDRITZ aims to
make the greatest possible contribution to a sustainable future and help
its customers achieve their sustainability goals. ANDRITZ is a global
market leader in all four of its business areas – Pulp & Paper, Metals,
Hydro and Separation. Technological leadership and global presence are
cornerstones of the group’s strategy, which is focused on long-term
profitable growth. The publicly listed group has around 30,000 employees
and over 280 locations in more than 40 countries.

ANDRITZ HYDRO
ANDRITZ Hydro is one of the world’s leading suppliers of electromechanical
equipment and services for hydropower stations in the dynamically growing
global renewable energy market. Based on 180 years of experience and a
global installed capacity of 470 gigawatts, we offer innovative solutions
for new and existing hydropower stations, from small hydropower to
large-scale plants. State-of-the-art digital solutions, comprehensive
services for the operation and maintenance of entire hydropower plants,
and turbo generators for the thermal industry complete the portfolio.

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23.11.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: Andritz AG
Stattegger Straße 18
8045 Graz
Austria
Phone: +43 (0)316 6902-0
Fax: +43 (0)316 6902-415
E-mail: welcome@andritz.com
Internet: www.andritz.com
ISIN: AT0000730007
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 1779675

 
End of News EQS News Service

1779675  23.11.2023 CET/CEST

References

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2. susan.trast@andritz.com
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4. alexander.schwab@andritz.com
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