The tasks of decarbonising the economy and securing supply chains do not come bigger than for the sprawling steel plant in Port Talbot in Wales.
Tata Steel said it has installed a 30 megawatt generator at a British plant that will cut costs and its carbon footprint. The generator will convert gases generated at Tata's plant in Port Talbot, Wales, into useful energy, cutting its energy bill by millions of pounds each year and slashing CO2 emissions, the company said in a statement on Monday. UK Steel, which lobbies on behalf of the British steel industry, warned earlier this month of an impending crisis due to soaring wholesale energy prices which could force plants into expensive shutdowns.
Port Talbot steelworks owner reports £347m loss despite £1bn fundingTata Steel UK hit by pandemic-fuelled slump in demand but managed to reduce yearly losses The owner of Tata Steelworks in Port Talbot in Wales is in talks with the government about its future. Photograph: Graham Harries/Rex/Shutterstock