electricity

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Industry needs a European fund for the energy transition – Federacciai

Italian industry has to compete in conditions of support for its industries from Germany and France

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Turkiye’s Kocaer invests in geothermal energy to produce green steel

The company aims to increase its own electricity production from 15 million kWh per year to 60 million kWh

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Kametstal purchased generators to provide the cooling system for the blast furnace

This will ensure a stable process of blast furnace melting and cooling of hot blast lances in blast furnaces

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Fortum will supply electricity for the future H2 Green Steel plant

The H2 Green Steel plant in Sweden is scheduled to start operating in 2025

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Energy costs of Turkish steelmakers will continue to decrease – CIB

The level of gas prices in Turkiye may balance with the cost of energy resources in the EU already in June of this year

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EUROFER calls for a comprehensive reform of the EU electricity market

Currently, the steel sector consumes about 75 TWh of electricity per year

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The EU plans to stimulate electricity contracts with a fixed price

The draft market reform proposal will be presented on March 16 2023

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Ukrainian steelmakers reduced electricity consumption by 52% y/y in 2022

The total consumption of electricity in the country in 2022 decreased by 31.5% y/y

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Ukraine can increase electricity imports from Europe without daily restrictions

Ukraine stopped exporting electricity to Europe from October 2022

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The EU reduced the demand for electricity by 5.4% in December-January

Demand in France decreased by 2.9% compared to the same period of 2017-2022

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ArcelorMittal Kryvyi Rih plans to reach 50% capacity after stabilization of energy supply

The increase in production capacity of the plant is also influenced by the stability of logistics routes

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Ingulets Mining purchased 38 generators in case of emergency power outages

16 generators were installed in protective structures on the territory of the enterprise

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