Power production


“We make biodiversity and bioenergy working together towards a low-carbon future”

Bioenergy as a renewable energy source is critical to the world’s low-carbon future. Wood-based bioenergy has the highest potential for replacing fossil fuel-powered heating. Sustainable bioenergy requires sustainable forest management. The wood used for bioenergy typically comprises thinnings, low-quality wood, salvage wood, harvest logging residues, processing residues, or wood waste. Wood-based bioenergy is now available and compatible with existing energy infrastructure, enabling immediate substitution of coal, natural gas, or petroleum fuels.

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Sustainable biomass projects

GEIA, in December 2020, initiated, developed, built, and commissioned the following two renewable energy projects in the Republic of Croatia.

  • A combined heat and power plant (CHP), which operates based on the Organic Rankine Cycle (ORC) principle.
  • A wood pellets production line with an annual gross production capacity of 50,000 t (6 tons/hour) uses heat from the power plant to dry the wooden biomass for the pellets production process.

Both projects are today 100% owned by the Norwegian company Croatia REN AS.

Phasing out coal

GEIA has entered into a cooperation agreement with the Norwegian company Arbaflame to develop and operate future production facilities based on Arbacore pellets technology in southeastern Europe. The agreement with Arbaflame provides GEIA with an exclusive right to use Arbacore technology in the region.

The ambition is to develop, build and operate production facilities with a minimum capacity of 300,000 tons of Arbacore pellets within 3 to 5 years.

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