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EAF investment of Canada's Algoma Steel to be supported by new energy project-热处理展-工业炉展-2025第二十五届广州国际热处理、工业炉展览会-巨浪展览—The 25th China(Guangzhou)Int'l Heat Treatment, Industrial Furnace Exhibition
9/9/2024 热处理展-工业炉展-heat treatment expo-furnace expo |
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Canada-based steelmaker Algoma Steel has announced that local energy companies PuC Services and Hvdro One have receivedapproval from the Ontario Energy Board to construct a new 230kV transmission line and transformer station in the city of Sault SteMarie, which will support Algoma''s decarbonization efforts in its steelmaking activities at its Saul Ste. Marie steel plate mil, underwhich the blast furnaces will be replaced with electric arc furnaces (EAF).According to PUC Services, the new line and station will support the load of about 280 MW from the Canadian producers'' two newEAFs due to be constructed. Moreover, the construction of the new transmission line is expected to begin in 2025, with completionscheduled for 2027
Algoma''s $825 milion EAF project is forecast to reduce its carbon emissions by 70 percent, which is equal to taking one milioncars off the road, further strengthening its position in the North American steel sector.
Michael Garcia, president and CEO of the Canadian steelmaker, stated that the new transmission line will pave the way for greensteel production in Ontario and that it will contribute to the sustainable economic growth in the region.
热处理展-工业炉展-2025第二十五届广州国际热处理、工业炉展览会-巨浪展览—The 25th China(Guangzhou)Int''l Heat Treatment, Industrial Furnace Exhibition
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