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ENERGY

RWE chief branded climate ‘dinosaur’

Environmentalists have conferred the dubious honour of “dinosaur of the year” for backwards attitudes to green issues to energy giant RWE’s chief executive Jürgen Großmann.

RWE chief branded climate 'dinosaur'
Photo: DPA

The German Nature and Biodiversity Conservation Union (NABU) awarded Großmann the title on Wednesday because of his push for an extension to the use of nuclear power in Germany and his commitment to coal-fired power.

Großmann took the criticism in his stride.

“I’m very grateful,” he wrote in a message to NABU, and asked when and where he could collect his award.

NABU has offered the “dinosaur of the year” award since 1993 to people who, in its view, stand out for “particularly enduring stupidity” on environmental and climate policy issues.

“With unscrupulous and provocative lobbying of the federal government for the extension of the lifespan of nuclear reactors, which culminated in the late summer with an advertising campaign initiated by him, Mr. Großmann has justly earned the prize this year,” NABU president Olaf Tschimpke said in a statement.

In September, the government approved an extension to the running times of Germany’s 17 nuclear reactors by an average of 12 years. This led to widespread accusations of cronyism and back room deals with energy companies.

Tschimpke said share of renewable energy in RWE’s mix was just 3 percent, a large part of which was supplied by ageing hydro-electric plants.

The firm, one of Germany’s big four energy companies, stands to make an enormous profit from the nuclear extension, the NABU statement said.

Germany’s Institute for Applied Ecology, a private research institute with connections to the anti-nuclear movement, would reap additional profits of €17 billion from the extension.

The Local/DAPD/djw

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ENVIRONMENT

Sweden’s SSAB to build €4.5bn green steel plant in Luleå 

The Swedish steel giant SSAB has announced plans to build a new steel plant in Luleå for 52 billion kronor (€4.5 billion), with the new plant expected to produce 2.5 million tons of steel a year from 2028.

Sweden's SSAB to build €4.5bn green steel plant in Luleå 

“The transformation of Luleå is a major step on our journey to fossil-free steel production,” the company’s chief executive, Martin Lindqvist, said in a press release. “We will remove seven percent of Sweden’s carbon dioxide emissions, strengthen our competitiveness and secure jobs with the most cost-effective and sustainable sheet metal production in Europe.”

The new mini-mill, which is expected to start production at the end of 2028 and to hit full capacity in 2029, will include two electric arc furnaces, advanced secondary metallurgy, a direct strip rolling mill to produce SSABs specialty products, and a cold rolling complex to develop premium products for the transport industry.

It will be fed partly from hydrogen reduced iron ore produced at the HYBRIT joint venture in Gälliväre and partly with scrap steel. The company hopes to receive its environemntal permits by the end of 2024.

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The announcement comes just one week after SSAB revealed that it was seeking $500m in funding from the US government to develop a second HYBRIT manufacturing facility, using green hydrogen instead of fossil fuels to produce direct reduced iron and steel.

The company said it also hoped to expand capacity at SSAB’s steel mill in Montpelier, Iowa. 

The two new investment announcements strengthen the company’s claim to be the global pioneer in fossil-free steel.

It produced the world’s first sponge iron made with hydrogen instead of coke at its Hybrit pilot plant in Luleå in 2021. Gälliväre was chosen that same year as the site for the world’s first industrial scale plant using the technology. 

In 2023, SSAB announced it would transform its steel mill in Oxelösund to fossil-free production.

The company’s Raahe mill in Finland, which currently has new most advanced equipment, will be the last of the company’s big plants to shift away from blast furnaces. 

The steel industry currently produces 7 percent of the world’s carbon dioxide emissions, and shifting to hydrogen reduced steel and closing blast furnaces will reduce Sweden’s carbon emissions by 10 per cent and Finland’s by 7 per cent.

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