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Tag Archives: STEAG GmbH

Develop and optimize a Hydrogen Economy in the Greater Region – Companies from France, Germany and Luxembourg constitute European economic business interest grouping

Creos Deutschland, Encevo, GazelEnergie, GRTgaz, H2V, Hydrogène de France, SHS – Stahl-Holding-Saar GmbH and STEAG GmbH have constituted themselves as the European economic business interest grouping (EEIG) “Grande Region Hydrogen” (Figure 1). The Members of the EEIG have, each individually and partially together, set themselves the goal of establishing an integrated cross-border energy system in the Greater Region by linking ...

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STEAG looks to Greece

SENS LSG, a German-Austrian joint venture in the field of photovoltaics (PV) which was only founded at the end of 2020, is significantly advancing the energy transition in Greece. Together with the LSG Group from Vienna/Austria, SENS is to construct solar PV power plants with a total capacity of 480 MW in Greece in the coming months (Figure 1), and further ...

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STEAG reaches important milestones in its transformation process

STEAG GmbH (Figure 1) is making significant progress in its process of transformation initiated in the autumn of 2020. Following several profitable transactions, such as the sale of the subsidiary STEAG Power Minerals and the successful participation in decommissioning auctions under the German Act on the Termination of Power Generation from Coal (KVBG), the Essen-based energy company has reached important ...

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STEAG launches green energy campaign

The energy company STEAG GmbH, Essen/Germany, in cooperation with Quadra Energy GmbH, Düsseldorf/Germany, is embarking on the marketing of green electricity. In that venture, STEAG is drawing on its extensive expertise in the field of energy trading with a view to concluding green power purchase agreements (Green PPAs) with operators of generation facilities based on renewable energy sources. STEAG will ...

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Acting responsibly for sustainable economic success

The energy company STEAG GmbH, Essen/Germany, has published its yearly Global Compact report. STEAG has been a member of the German UN Global Compact network since 2011. The ten Global Compact principles constitute a voluntary commitment by companies to adopt sustainable business practices and fully assume social responsibility. “Only by exercising social responsibility and acting in a sustainable, resource-conserving way ...

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Cross-border hydrogen project in the Saar region clears first IPCEI hurdle

The energy company STEAG GmbH, Essen/Germany, the energy technology company Siemens Energy, Munich/Germany, the grid operator Creos Deutschland GmbH, Homburg-Saar/Germany, the Saarbahn public transport company, Saarbrücken/Germany, and the SHS steel companies (Stahl-Holding-Saar with its companies Dillinger and Saarstahl), Dillingen/Germany, developed a joint project idea aimed at establishing a cross-border and prospectively green hydrogen economy. Together, the project partners submitted an ...

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STEAG applies for further power plant unit closures

The management of energy company STEAG GmbH, Essen/Germany, resolved on 4th May 2021 to register further power plant units for provisional closure. A similar application had already been made in early April for the Model Power Plant (MKV) in Völklingen-Fenne in the Saarland. This is now followed by applications for the Völklingen-Fenne combined heat and power plant (HKV) and the ...

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STEAG registers two power plants in the Saarland for final closure

The energy company STEAG GmbH, -Essen/Germany, notified on 2nd February 2021 the Federal Network Agency of its plan to permanently shut down its two power plant units Weiher 3 and Bexbach in the Saarland (Figure 1). The statutory publication on the transparency platform took place promptly following the notification. Previously, both units had only been registered for temporary shutdown. The ...

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Crucea wind farm gets a new owner

Essen-based energy company STEAG GmbH sells its Romanian Crucea onshore wind farm (Figure 1) to the Romanian renewable energy producer Hidroelectrica. This has to be seen in context with STEAG’s strategic self-realignment which in reference to the company’s activities on the wind sector sees concentration on project development and providing operational services with the French wind energy market especially in ...

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STEAG realigns itself

STEAG GmbH (Figure 1), Essen/Germany, is pushing ahead with refocusing its business and realigning its organization. With change well under way in the energy sector and the politically and socially desired decarbonization in particular of energy generation and industry, this process of transformation is gaining impetus. The energy company has long been operating successfully in growth areas beyond its previous core ...

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