WBAG:LNZChemicals
How Investors May Respond To Lenzing (WBAG:LNZ) Commissioning Grid‑Linked Power‑to‑Heat Facility
Lenzing has commissioned a 14‑megawatt power‑to‑heat facility at its industrial site, converting surplus renewable electricity directly into process heat and integrating it into the plant’s existing heat network as part of its shift toward fossil‑free heat supply.
By partnering with VERBUND to link this installation to Austria’s balancing energy market, Lenzing can flexibly absorb low‑cost renewable power, ease grid pressure, and support its long‑term climate‑neutral production...