Charlotte North Carolina headquartered US’s leading steel maker Nucor Corporation is joining the United Nations 24/7 Carbon-Free Energy Global Compact. Nucor is the first major industrial company to join this global effort, which is aimed at accelerating the decarbonization of the world's electricity systems to mitigate climate change and ensure access to clean and affordable electricity.To further its commitment, Nucor is working with its electricity suppliers to access 24/7 clean energy at the company's steel mills. It is actively investing in a number of innovative projects that it believes will accelerate the transition to 24/7 clean energy. For example, in April 2022, Nucor announced a strategic investment in NuScale Power Corporation, a developer of small modular reactor nuclear plants. Nucor believes this technology presents an incredible opportunity to develop a safe, modern, zero-carbon nuclear energy future.The Compact was formed in response to the urgent need to drive rapid decarbonization across the global economy. A group of energy buyers, energy suppliers, governments, system operators, solutions providers, investors and other organizations joined together to adopt, enable and advance the transition to a zero-carbon electrical grid. The Compact is a set of principles and actions that stakeholders across the energy ecosystem can commit to in order to drive systemic change.
Charlotte North Carolina headquartered US’s leading steel maker Nucor Corporation is joining the United Nations 24/7 Carbon-Free Energy Global Compact. Nucor is the first major industrial company to join this global effort, which is aimed at accelerating the decarbonization of the world's electricity systems to mitigate climate change and ensure access to clean and affordable electricity.To further its commitment, Nucor is working with its electricity suppliers to access 24/7 clean energy at the company's steel mills. It is actively investing in a number of innovative projects that it believes will accelerate the transition to 24/7 clean energy. For example, in April 2022, Nucor announced a strategic investment in NuScale Power Corporation, a developer of small modular reactor nuclear plants. Nucor believes this technology presents an incredible opportunity to develop a safe, modern, zero-carbon nuclear energy future.The Compact was formed in response to the urgent need to drive rapid decarbonization across the global economy. A group of energy buyers, energy suppliers, governments, system operators, solutions providers, investors and other organizations joined together to adopt, enable and advance the transition to a zero-carbon electrical grid. The Compact is a set of principles and actions that stakeholders across the energy ecosystem can commit to in order to drive systemic change.
