Wind power from the North Sea will supply the planned direct reduction plant with the electrically operated melters at thyssenkrupp Steel in Duisburg.
The steel manufacturer has now concluded a supply contract with RWE for 10 years with an annual volume of 110 GWh, as the Ruhr group announced. The electricity is generated by the Kaskasi offshore wind farm, 35 kilometers north of Heligoland. In order to fully supply the plant in Duisburg, which is due to be completed by the end of 2026, with green electricity, further contracts with green electricity producers are necessary, it said.
Thyssenkrupp recently launched a tender to supply hydrogen to the direct reduction plant. This will be used there from 2028.
The thyssenkrupp share was temporarily trading at 4.62 euros on XETRA, thus recording a decline of 2.96 percent.
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