Collaborative Decarbonisation: Establishing Green Lead Markets for CO2-Reduced Electrical Steel in Energy Grids

This presentation will explore the collaborative efforts within the value chain to achieve decarbonisation, emphasising the importance of joint initiatives and partnerships.

Key stakeholders, including producers of CO2-reduced steel, transformer manufacturers, and grid operators, are pivotal in meeting national and European climate goals. On a collective aim to support the establishment of a green lead market for energy grids and develop cost-efficient implementation strategies.

On this session we will discuss the concept of green lead markets for CO2-reduced steel, driven by market participants aiming to establish climate-friendly basic materials markets.

  • GOES is an indispensable raw material for the energy transition, playing a crucial role in advancing sustainable energy solutions.
  • Global trade issues pose significant risks to transformer manufacturers and utilities – insights on maintaining supply chain resilience for GOES.
  • The market is evaluating the implementation of a first lead market, focusing on the requirements for Green Steel in transformers within the German transmission system.


Tuesday 03 June 15:20 - 15:50 Central Stage

Sustainability and Energy Efficiency

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Speakers

Marcel Hilgers

Vice President Customers, Markets & Technology, thyssenkrupp Electrical Steel