RWE and Salzgitter have agreed on a long-term supply of green electricity

The German energy company RWE and the steel producer Salzgitter have agreed on a long-term supply of green electricity. This is stated in the message of Salzgitter.

The companies have entered into an appropriate long-term agreement (PPA). RWE Supply&Trading will supply Salzgitter with up to 64 GWh of electricity per year from the Boitzenburger Land solar park in Brandenburg for seven years, starting in 2027.

Thanks to the SALCOS transformation program, the Salzgitter Group is gradually transitioning its steel production to electricity and hydrogen processes from 2026. The goal is to reach almost zero emissions from 2033.

«We are serious about green energy sources. By 2025, half of our electricity needs should come from non-fossil sources, and by 2030 we want to get 100% green electricity,» said Marco Hauer, Head of Energy Procurement at Salzgitter Flachstahl.

RWE has more than 20 years of experience in the development, construction and operation of renewable energy systems. In the German domestic market, the company operates onshore wind power plants and solar systems with a total installed capacity of about 700 MW. By 2030, RWE plans to invest about €11 billion in green generation capacity in the country.

As GMK Center reported earlier, in February 2024, Salzgitter Flachstahl, a subsidiary of Salzgitter, signed a 10-year power purchase and sale agreement (PPA) with the British Octopus Energy Generation. The metallurgical company will receive 126 GWh of environmentally friendly energy per year produced at the Octopus solar power plant in Schibsdorf (Bradenburg state).