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Tag Archives: STEAG GmbH

STEAG‘s strategy pays

Shareholders’ investment in the STEAG Group has once again paid off. The Essen-based energy company is transferring 45 M € in profit for the 2018 business year to its owner, Kommunale Beteiligungsgesellschaft (KSBG). “We faced up to the far-reaching challenges in the energy industry at an early stage,” said Joachim Rumstadt, Chairman of the Board of Management of STEAG GmbH, during the ...

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STEAG registers two Saarland power stations for provisional closure

The energy company STEAG GmbH, Essen/Germany, once again registered its two Saarland power stations Weiher 3 (724 MW) and Bexbach (780 MW) with the German Federal Network Agency for provisional closure on 29th April 2019. The process has been formally started to ensure that statutory deadlines are met and to explore the prospects for both sites beyond 2020. The announcement ...

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Energy transition applied: Four partners test hydrogen production in Saarland

With the phase-out of nuclear power production in 2022 and the planned end of coal-fired power generation in 2038, one thing is certain: Wind and solar energy will be the main pillars of electricity supply in Germany in the future. However, both renewable energy sources are subject to weather-related fluctuations. As an energy medium, hydrogen can balance out these fluctuations ...

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Electricity from the container

In India, a population of more than 1.3 bn combined with strong economic growth are creating a huge demand for goods, services and raw materials. Developing the infrastructure, in particular unlimited access to electricity in rural regions, continues to pose a significant challenge. On 4th February 2019, at the invitation of STEAG GmbH, Essen/Germany, Prof. Andreas Pinkwart, Minister for Economic ...

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More than 300 guests bid a fond farewell to the Lünen power station

It was an emotional evening in the historic machine hall of the STEAG power station, with a celebration that went into the early hours of the morning. Employees, family members, friends and former colleagues were invited to bid farewell to the founding location of Steinkohlen-Elektrizität AG (STEAG) on 19th January 2019 (Figure 1). On 31st December 2018, after almost 80 ...

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STEAG announces plans for final decommissioning of Lünen power station

On 2nd March 2018, the energy company STEAG GmbH, Essen/Germany, notified the Federal Network Agency of the legally binding decommissioning of power station units 6 and 7 in Lünen/Germany. On behalf of the transmission system operator Amprion, the Federal Network Agency will determine to what extent the facility is still system-relevant, i.e. whether the two units will be shut down ...

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STEAG secures Allianz Global Investors as a partner for wind farms in France

As part of its active portfolio management, the Essen/Germany-based energy company STEAG GmbH is selling a 49 % share of its wind farm portfolio in France (Figure 1)to an infrastructure fund managed by Allianz Global Investors, the asset manager of the insurance group headquartered in Munich/Germany. An agreement to this effect was signed at the end of November 2017. The transaction, ...

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STEAG sells its regional power grid in the Saarland

STEAG GmbH is selling its regional power grid in the Saarland to Creos Deutschland Holding GmbH with retroactive effect from 1st January 2017 as part of portfolio optimisation measures. The sale contract was signed on 31st July 2017. The sale of the Saarland power grid is part of the “STEAG 2022” strategy project, under which the Essen-based company is also ...

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Foundation stone laid for the expansion of power facilities at TU Darmstadt

A new building is being added to the power facilities at the Technical University of Darmstadt/Germany. It will house a complex air conditioning system and a highly efficient small-scale combined heat and power unit (CHP). The foundation stone was laid in a ceremony which took place on 12th May 2017 (Image 1). TU Darmstadt is currently supplied with heat, air ...

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Investment in innovation: Inauguration of the STEAG large battery systems

The large battery systems of STEAG GmbH in Essen/Germany were officially commissioned in mid-November 2016 with two ceremonies in Quierschied-Weiher and Duisburg-Walsum. Together with Minister-President Annegret Kramp-Karrenbauer, Joachim Rumstadt, Chairman of the Executive Board at STEAG, pressed the symbolic red button at the power station in Weiher, Saarland (Figure 1). This means that the three systems in Bexbach, Fenne and ...

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