ArcelorMittal Germany and EDF Power Solutions Germany have signed an agreement to develop a large-scale battery energy storage system at the Bremen Steel Mill, marking another step in the steel company's broader strategy to improve energy efficiency and reduce carbon dioxide emissions.
The planned capacity of the facility will be 25 megawatts, and the storage capacity will be 50 megawatt-hours. According to the companies, this will make it one of the largest battery storage projects currently planned in Northern Germany.
According to the agreement, EDF Power Solutions in Germany will carry out a full range of project activities, including technical design, installation, maintenance and service operations. The cooperation provides for the conclusion of a 10-year service contract.
Focus on optimizing the power supply and the stability of the power grid
The battery system is designed to optimize electricity consumption at a steel mill and reduce the load on the power grid. By charging and discharging for pre-determined periods of time, the system will help reduce electricity demand and avoid costly peak loads during steel production.
Steelmaking requires continuous operation and cannot be easily suspended during periods of high electricity prices. It is expected that the installation of rechargeable batteries will provide additional flexibility in operation and help reduce the cost of purchasing electricity.
Additional income from electricity markets
In addition to internal energy management, the battery storage system will also participate in the electricity markets. The storage facility is expected to generate additional revenue through electricity trading and balancing the power grid.
Rainer Boese, CEO of ArcelorMittal Germany, stated that the project represents another important step towards reducing carbon dioxide emissions, while contributing to the stability of the electricity grid through continuous management of electricity consumption.
Author: Editorial staff of SteelOrbis
Steelorbis.com
