EQS-News: Lenzing Commissions 14 MW Power‑to‑Heat Facility, Strengthening Grid Stability and Heat Management

EQS-News: Lenzing AG / Key word(s): Sustainability
   Lenzing Commissions 14 MW Power‑to‑Heat Facility, Strengthening Grid
   Stability and Heat Management

   08.04.2026 / 09:05 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Lenzing Commissions 14 MW Power‑to‑Heat Facility, Strengthening Grid
   Stability and Heat Management

    

     • Commissioning of the 14‑MW power‑to‑heat facility combines climate
       protection, cost efficiency, and system stability, setting a benchmark
       for modern industrial energy supply
     • Renewable electricity converted into process heat – facility
       stabilizes Austria’s power grid through participation in the balancing
       energy market
     • Joint project by Lenzing and VERBUND sets a technological standard for
       the industrial heat transition

    

   Lenzing, April 08, 2026 – The Lenzing Group has successfully commissioned
   a new power‑to‑heat (P2H) facility with an electrical capacity of
   14megawatts. The installation converts renewable electricity directly into
   process heat, is fully integrated into the existing heat network at the
   industrial site, and represents a key building block for a fossil‑free
   heat supply. As project partner, VERBUND was responsible for the
   energy‑market integration and will operate the facility for balancing
   energy marketing, enabling it to respond flexibly to short‑term
   fluctuations in the power grid. The P2H facility ranks among the most
   powerful of its kind in Austria’s industrial sector and helps stabilize
   the electricity system by converting surplus renewable energy into usable
   process heat.

    

   The facility is primarily deployed during periods when wind and solar
   generation place a heavy load on the grid and electricity prices fall. In
   such situations, it can ramp up within a very short time, absorb renewable
   power, and feed it directly into the site’s heat network. This relieves
   pressure on the Austrian power grid, reduces curtailment of renewable
   electricity generation, and simultaneously enhances security of supply at
   the Lenzing site. Its flexible operation allows Lenzing to make
   economically optimal use of low‑cost renewable energy. At the same time,
   fuels – including fossil energy sources – can be replaced and CO₂
   emissions effectively reduced.

    

   “The new power‑to‑heat facility demonstrates how industrial
   decarbonization can be implemented in practice – technologically
   sophisticated, economically viable, and with a clear positive impact on
   the site,” says GeorgKasperkovitz, member of the Managing Board of the
   Lenzing Group.

    

   The project was implemented through close cooperation between Lenzing and
   VERBUND. Lenzing was responsible for the technical design, construction,
   and full integration of the facility into the site’s energy and heat
   management system. VERBUND contributed its expertise in infrastructure,
   energy marketing, and market operations, integrates the facility into
   Austria’s balancing energy market, and ensures its optimal deployment
   within the power system. In addition, VERBUND has been implementing
   renewable energy projects at the Lenzing site for several years, including
   photovoltaic installations and EV charging infrastructure, thereby
   supporting a holistic approach to industrial decarbonization.

    

   “Our partnership with Lenzing clearly demonstrates the potential that lies
   in close collaboration between industry and the energy sector. By
   integrating the power‑to‑heat facility into the balancing energy market,
   industrial processes become an active part of a flexible energy system.
   Solutions like this are essential to making optimal use of renewable
   energy while sustainably strengthening security of supply,” emphasizes
   MichaelStrugl, Chairman of the Executive Board of VERBUNDAG.

    

   With the commissioning of the 14‑MW power‑to‑heat facility, Lenzing
   unlocks additional potential for climate‑friendly, future‑oriented
   production. The new installation increases flexibility in energy use,
   strengthens heat management, enables efficient utilization of renewable
   energy, and makes a significant contribution to the industrial heat
   transition and the long‑term implementation of climate‑neutral production
   pathways.

    

    

   Photo download:

   [1]https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=C4A1W2N3h1a0

    

                                   
                                   
   For enquiries, please contact
   Media Relations:
    
   Phone   +43 7672 701 2743
   E-mail    [2][email protected]
   Web       [3]www.lenzing.com

    

   About the Lenzing Group
    
   The Lenzing Group stands for  the responsible production of specialty  and
   premium fibers based  on regenerated cellulose.  As an innovation  leader,
   Lenzing is  a partner  of global  textile and  nonwoven manufacturers  and
   drives  many   new  technological   developments.  The   Lenzing   Group’s
   high-quality fibers  are the  raw material  for a  wide range  of  textile
   applications –  ranging  from  functional,  comfortable,  and  fashionable
   clothing through to durable  and sustainable home textiles.  TÜV-certified
   biodegradable and compostable Lenzing fibers are also ideal for  demanding
   use in everyday hygiene applications.
    
   The  Lenzing  Group’s  business  model  extends  far  beyond  that  of   a
   traditional fiber  producer. Together  with  its customers  and  partners,
   Lenzing develops innovative products along  the value chain, adding  value
   for consumers. The  Lenzing Group  strives for  efficient utilization  and
   processing of all raw materials and offers solutions for the transition of
   the textile industry from the current linear economic system to a circular
   economy. In order  to align  its commitment to  limiting man-made  climate
   change with  the  goals of  the  Paris  Agreement, Lenzing  has  a  clear,
   science-based  climate  action  plan  that  provides  for  a   significant
   reduction in greenhouse gas emissions (Scopes 1,  2, and 3) by 2030 and  a
   net-zero target by 2050.
    
   Key Facts & Figures Lenzing Group 2025
   Revenue: EUR 2.60 bn
   Nominal capacity (fibers): 1,110,000 tonnes
   Employees (full-time equivalents): 7,738
    
   TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™, and REFIBRA™ are trademarks
   of Lenzing AG.

   About VERBUND

    

   VERBUND is Austria’s leading energy company and one of the largest
   producers of hydroelectricity in Europe. The Group generates around 95 %
   of its electricity from renewable energy, primarily from hydropower.
   VERBUND trades electricity in 12 countries and generated around € 1,489 m
   group result and € 2,737m in EBITDA in 2025 with approximately 4,400
   employees. With its subsidiaries and partners, VERBUND is active in the
   generation of electricity, transmission and in international trading and
   sales. VERBUND has been quoted on the Vienna Stock Exchange since 1988
   with 51% of the share capital being held by the Republic of Austria.
   Further information: www.verbund.com

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   08.04.2026 CET/CEST This Corporate News was distributed by [4]EQS Group

   View original content: [5]EQS News

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   Language:    English
   Company:     Lenzing AG
                4860 Lenzing
                Austria
   Phone:       +43 7672-701-0
   Fax:         +43 7672-96301
   E-mail:      [email protected]
   Internet:    www.lenzing.com
   ISIN:        AT0000644505
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   EQS News ID: 2304630


    
   End of News EQS News Service


   2304630  08.04.2026 CET/CEST

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