Thyssenkrupp Steel has finalised four contracts securing supply of around 230 GWh of green electricity, furthering progress towards the decarbonisation of its steel production.
The power purchase agreements (PPAs) with the suppliers Quadra Energy, Statkraft, Centrica Energy, and Sunnic Lighthouse encompass a portfolio of wind and photovoltaic (PV) installations distributed across Germany, Kallanish learns.
The PPAs will procure green electricity supply for the subsidiaries thyssenkrupp Rasselstein, thyssenkrupp Precision Steel, and thyssenkrupp Electrical Steel.
The contract volume of around 230 GWh equates to the typical electricity consumption of around 70,000 households. The green power supplies originate from newly commissioned solar photovoltaic installations and from onshore wind farms in Germany that are no longer state-subsidised, helping them to continue operating on an economically viable basis, tk Steel notes.
The purchase of green electricity avoids over 70,000 tonnes/year of CO2 emissions.
The medium-wide strip making unit in Hagen-Hohenlimburg has been sourcing green electricity from a neighbouring wind farm in since the summer of 2024. The group claims that this is the first project nationwide involving power supplied directly from a wind farm to a German industrial company.
Author: Christian Koehl Germany
