Market Leads & Opportunities
Liberty Steel renewable energy plant commissioned
The company behind Liberty Steel and SIMEC Power in Newport has commissioned the first of a network of mini-power stations designed to provide on-demand renewable energy to steel plants.The 9 megawatt (MW) plant, powered by biofuel, was launched at Liberty Steel Newport by Ken Skates, the Welsh cabinet secretary for economy and infrastructure, this week.Liberty Steel and SIMEC Power collaborated on the first of a planned network of 14 ‘peaking plants’ which will be located next to the group’s industrial sites across the UK.The plants could have a combined capacity of up to 200MW of biofuel-generated power focused on geographical areas of high industrial demand.GFG Alliance, a collaboration of several businesses owned by Sanjeev Gupta (Liberty House) and his father PK Gupta (SIMEC), has proposed the network as part of its Greensteel strategy.
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