World First: Veolia, Enagás and Barcelona City Council Inaugurate the First Urban Cold Recovery Network From an LNG Terminal [Yahoo! Finance]
VEOLIA ENVIRONNEMENT ADR (VEOEY)
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Source: Yahoo! Finance
urban network to use residual cold from a regasification process as a sustainable energy source for industrial and residential purposes, located at the Enagás LNG terminal in the Port of Barcelona. A world first, this pioneering innovation and energy efficiency project promotes decarbonization and is an effective example of collaboration between the public and private sectors. 131 GWh per year of local, decarbonizing, affordable energy produced, equivalent to the annual consumption of a city like Reus (Tarragona) with over 100,000 inhabitants. 32,000 tonnes of CO2 emissions avoided every year, equivalent to 110 round-trip long-haul flights between Barcelona and New York. Veolia has signed a memorandum of understanding with Mercabarna, Barcelona's main food wholesale market and one of the largest in Europe, to supply sustainable cooling for eight fruit, vegetable and seafood pavilions (cold storage rooms for fresh and frozen food products) and other companies with complementary
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