Bremen Refers to a city in northern Germany. - Bremen steelworks to receive power from newly installed wind turbines
ArcelorMittal intends to swap out a blast furnace in Bremen and one in Eisenhüttenstadt (Brandenburg) by 2030. In Bremen, they'll erect a direct reduction plant and an electrolytic furnace. These new additions are estimated to run on green hydrogen.
The makeover at both spots would likely set ArcelorMittal back about 2.5 billion euros, according to their projections. The Federal Ministry of Economics and the state of Bremen are assisting the initiative with approximately 1.3 billion euros. ArcelorMittal has yet to make a final investment decision on the matter.
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ArcelorMittal's plan in Bremen involves replacing a blast furnace with a direct reduction plant and an electrolytic furnace, both run on green hydrogen. This shift towards alternative energies in Bremen steelworks will include harnessing power from newly installed wind turbines. The investment in renewable technology in Eisenhüttenstadt is also part of ArcelorMittal's strategy, aiming to reduce reliance on traditional steel mill processes. The switch to green energy sources and new technologies in both locations will contribute significantly to the production of electricity, helping to reduce environmental impact. ArcelorMittal's Steel mills in Bremen and Eisenhüttenstadt will be pivotal in the company's transformation towards more sustainable energy solutions, employing wind turbines and alternative energies to replace coal-based processes.
