VPP power plant portfolio

VPP currently holds 100% ownership in two combined heat and power plants in Hungary.

CHP small-scale power plant in Újpalota, Budapest

  • Technology: 3 CHP gas engine units

  • Type of CHP gas engines: Wartsila Finland Oy 20V34SG

  • Built-in electrical capacity: 3 x 7.74 MWe = 23.22 MWe

  • Built-in heat capacity: 3 x 7.4 MWt = 22.2 MWt

  • Heat consumer: FŐTÁV Zrt.

The combined heat and power plant was commissioned on 1 June 2005 at the site of the capital district heating company (Főtáv) located in Budapest’s District 15, Újpalota. Within the framework of a tendering procedure, CHP Erőmű Kft. received the opportunity to realize the investment from 4.6 billion HUF. The project was financed by CIB bank and developed by EGI Rt. As a result of the investment, primary energy consumption of the power plant dropped by 43%, which was transferred to residential heat consumers in the form of a reduction in heating prices.

The Újpalota CHP small-scale power plant was the largest combined heat and power plant in Hungary to operate under VPP’s virtual power plant since the termination of the feed-in tariff system in 2011. As of 1 April 2016, CHP Erőmű Kft. has been under the 100% ownership of the VPP Company Group.

CHP small-scale power plant in Eger

  • Technology: 4 CHP gas engine units

  • Type of CHP gas engines: Caterpillar G3516B

  • Built-in electrical capacity: 4 x 1.16 MWe = 4.64 MWe

  • Built-in heat capacity: 4 x 1.35 MWt = 5.4 MWt

  • Heat consumer: EVAT Zrt. (Egri Vagyonkezelő és Távfűtő Zrt.)

The combined heat and power plant was commissioned in 2003 and joined VPP’s virtual power plant as of 1 January 2011. By the end of 2011, VPP acquired 100% ownership of the Eger power plant. The co-generated heat is delivered by the local district heating company EVAT Zrt., and supplies approximately 5,000 households and several institutions in the vicinity of the production site. 

Company Profile

VPP is an innovative power & technology company with over 15 years of experience in the energy supply.
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Activities

VPP offers energy project development, full circle energy supply and virtual power plant services.
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Business Model

VPP's business model is based on the virtual power plant long-term sustainable benefits for both small plants and large energy consumers.
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