Westenergy Ltd is a modern circular economy company that refines waste into heat, electricity and recovered materials.
Westenergy operates within circular economy. The company owns a modern Waste-to-Energy plant where combustible waste is refined into electricity, heat and recovered materials. Energy produced in the plant has a significant impact in reducing the need for fossil fuels in energy production, and Westenergy produces about 50 % of the district heating needed in the Vaasa region. By producing material for earthwork and recycled metals and by participating actively in developing circular economy in the operation area, Westenergy is a creating a cleaner and more sustainable future.
Westenergy’s operational area
Westenergy is owned by six municipal waste management companies located in the western part of Finand – hence the name Westenergy. The company was founded in 2007 by Botniarosk, Lakeuden Etappi, Millespakka, Stormossen and Vestia to manage one important task – the energy recovery of waste.
To ensure that the capacity of the plant is made the most of also in the future, Loimi-Hämeen Jätehuolto will join the group of Westenergy’s owner companies in 2020. This will extend Westenergy’s operation area to 62 municipalities (currently 47) which means that Westenergy’s operation area will cover 20 % of the municipalities in Finland in 2020. Owners deliver about 190 000 tonnes of waste yearly.
Our aim is to offer high-quality and cost-efficient service to all our owner companies so that they can, in turn, offer similar and similarly priced handling service for unrecyclable material to their clients – altogether some half a million people.
Westenergy’s operation principle is unique as Westenergy operates in between two sectors that are developing rapidly: waste management and energy sector. The purpose of Westenergy’s plant is not just to get rid of waste – we want to make sure that all materials are refined in the best possible way so that different materials, energy and in the future, even water and carbon dioxide could circulate in a closed loop. We work in close co-operation with our owner companies to makes sure that only combustible material that cannot be recycled, would be refined into energy in our plant.
Energy is produced in co-operation with the local energy company Vaasan Sähkö. The compensation Westenergy receives from the produced energy is tied to the current price of energy in the market. Recovering energy from such waste that cannot otherwise be utilised reduces dependency on fossil fuels in energy production and leads to a significant reduction in CO2 emissions. Westenergy produces about 50 percent of the district heating in the Vaasa region with energy refined from waste. In this way, Westenergy is taking the Vaasa region closer to carbon-neutral energy production!
Westenergy is a non-profit company, operated according to absorption principle and doesn’t pay dividends to the owner companies.