Russian steel maker Magnitogorsk Iron & Steel Works has summed up the results of the implementation of the energy saving and energy efficiency improvement program in the second quarter of 2022. In addition to significant savings in energy resources, the implementation of the program led to a reduction in carbon dioxide emissions by 11,000 tonnes. The economic effect of measures to reduce the consumption of energy resources in the divisions of the plant and the companies of the MMK Group in terms of the year amounted to RUB 24.17 million.In particular, in the second quarter of 2022, it was possible to reduce electricity consumption by 1.38 million kWh in annual terms, which resulted in savings of about RUB 5 million. In addition, the program made it possible to save more than 4,600 tonnes of standard fuel in annual terms in the amount of more than RUB 17 million, about 2,000 Gcal of thermal energy, 391,000 cubic meters of air separation products, 5,500 cubic meters of drinking water. Saving of technical water amounted to 8,500 cubic meters.MMK's activities aimed at saving energy resources reduce the environmental impact of the plant's operation on the environment, and also contributes to the reduction of CO2 emissions. The implementation of the program of measures to reduce the consumption of energy resources in the divisions of the plant and companies of the MMK Group in the second quarter made it possible to reduce carbon dioxide emissions on an annual basis by 11,046 tonnes, bringing MMK closer to achieving the stated goals in the field of decarbonization.
Russian steel maker Magnitogorsk Iron & Steel Works has summed up the results of the implementation of the energy saving and energy efficiency improvement program in the second quarter of 2022. In addition to significant savings in energy resources, the implementation of the program led to a reduction in carbon dioxide emissions by 11,000 tonnes. The economic effect of measures to reduce the consumption of energy resources in the divisions of the plant and the companies of the MMK Group in terms of the year amounted to RUB 24.17 million.In particular, in the second quarter of 2022, it was possible to reduce electricity consumption by 1.38 million kWh in annual terms, which resulted in savings of about RUB 5 million. In addition, the program made it possible to save more than 4,600 tonnes of standard fuel in annual terms in the amount of more than RUB 17 million, about 2,000 Gcal of thermal energy, 391,000 cubic meters of air separation products, 5,500 cubic meters of drinking water. Saving of technical water amounted to 8,500 cubic meters.MMK's activities aimed at saving energy resources reduce the environmental impact of the plant's operation on the environment, and also contributes to the reduction of CO2 emissions. The implementation of the program of measures to reduce the consumption of energy resources in the divisions of the plant and companies of the MMK Group in the second quarter made it possible to reduce carbon dioxide emissions on an annual basis by 11,046 tonnes, bringing MMK closer to achieving the stated goals in the field of decarbonization.
