GG2 reported that according to new figures, UK will require more than 10 million tonnes of steel in the coming years to become more energy self-sufficient as UK has set out plans to secure clean and affordable energy in its Energy Security Strategy, which has become vital after global events led to rocketing energy prices and significant government interventions in the energy market to cap prices. New research from UK’s largest steel producer Tata Steel has revealed that more than 5 million tonnes of steel will be needed to build thousands of wind turbines at sea by 2030 and planned solar and nuclear power plants are expected to require about 3.5 million tonnes of steel over the coming years. An estimated 1.5 million tonnes of steel will be needed to build the infrastructure for hydrogen production and distribution as well as large-scale carbon capture projects. Steel will also be needed to unlock new sources of oil and gas from the North Sea. The report quoted Tata Steel UK’s chairman Mr Henrik Adam as saying that “Recent events have shown us just how crucial it is to have a secure energy supply. Achieving this will need an energy revolution in this country requiring millions of tonnes of steel to build new energy generation projects. UK steelmakers, like Tata Steel, want to be part of this revolution, such as by developing new steel products for solar farms or for floating offshore wind structures. A strong domestic and secure steel industry is also fundamental to delivering the UK Government’s ambitious energy plans.” Mr Adam however warned “But if British manufacturers are to supply the essential steel and continue to employ many thousands of people in this country, we need to invest and transform this strategically-important industry so it can make carbon-neutral steel. We need to learn the lessons from the UK’s energy supply which, as the government says, ‘drifted into dependence on foreign sources’, undermining the country’s energy independence. Geo-political events and disruptive trade issues in recent years have reminded us of the importance of being self-sufficient in essential products like steel, a product critical for the UK’s infrastructure projects, manufacturing industry and national security. UK’s steel industry is at a crossroads and if nothing is done, it would decline and drift away to other countries.” Mr Adam added “Down the other path is a new era in which we transform the steel production process to make it fit for the 21st century.”
GG2 reported that according to new figures, UK will require more than 10 million tonnes of steel in the coming years to become more energy self-sufficient as UK has set out plans to secure clean and affordable energy in its Energy Security Strategy, which has become vital after global events led to rocketing energy prices and significant government interventions in the energy market to cap prices. New research from UK’s largest steel producer Tata Steel has revealed that more than 5 million tonnes of steel will be needed to build thousands of wind turbines at sea by 2030 and planned solar and nuclear power plants are expected to require about 3.5 million tonnes of steel over the coming years. An estimated 1.5 million tonnes of steel will be needed to build the infrastructure for hydrogen production and distribution as well as large-scale carbon capture projects. Steel will also be needed to unlock new sources of oil and gas from the North Sea. The report quoted Tata Steel UK’s chairman Mr Henrik Adam as saying that “Recent events have shown us just how crucial it is to have a secure energy supply. Achieving this will need an energy revolution in this country requiring millions of tonnes of steel to build new energy generation projects. UK steelmakers, like Tata Steel, want to be part of this revolution, such as by developing new steel products for solar farms or for floating offshore wind structures. A strong domestic and secure steel industry is also fundamental to delivering the UK Government’s ambitious energy plans.” Mr Adam however warned “But if British manufacturers are to supply the essential steel and continue to employ many thousands of people in this country, we need to invest and transform this strategically-important industry so it can make carbon-neutral steel. We need to learn the lessons from the UK’s energy supply which, as the government says, ‘drifted into dependence on foreign sources’, undermining the country’s energy independence. Geo-political events and disruptive trade issues in recent years have reminded us of the importance of being self-sufficient in essential products like steel, a product critical for the UK’s infrastructure projects, manufacturing industry and national security. UK’s steel industry is at a crossroads and if nothing is done, it would decline and drift away to other countries.” Mr Adam added “Down the other path is a new era in which we transform the steel production process to make it fit for the 21st century.”
