STEAG GmbH, Essen/Germany, is returning both its hard coal fired power plants Bexbach and Weiher in Saarland from the grid reserve to the market. With a net rated capacity of 726 MW, the Bexbach power plant (Figure 1) is the largest STEAG plant in Germany, it’s sister power plant in Weiher has a capacity of 656 MW. Together, both power ...
Read More »
STEAG GmbH, Essen/Germany, sells a large part of the shares in its power plant on the Philippine island of Mindanao. The buyer is co-shareholder Aboitiz Power Corp (APC). STEAG had already announced last year that it wanted to sell its stake and initiated a sales process. As part of this process, Aboitiz has now exercised its right of first refusal. ...
Read More »
Part of the demonstration deliveries of carbon-reduced ammonia agreed in spring between the Abu Dhabi National Oil Company (ADNOC) and various German energy and chemical companies has arrived in Hamburg; the tranche destined for STEAG GmbH, Essen/Germany, will follow timely. Representatives of ADNOC, STEAG and other companies as well as government representatives of the United Arab Emirates and the Federal ...
Read More »
The STEAG Group, Essen/Germany, can look back on a successful six-month period. In the first half of the current business year, the energy group achieved consolidated sales of 2.41 bn €. Earnings before interest and taxes improved to 386.1 M €, almost doubling the result for the entire previous year. Earnings before interest, taxes, depreciation and amortization (EBITDA) also increased significantly to 450 M €. ...
Read More »
The headquarters of the energy company STEAG GmbH, Essen/Germany (Figure 1), will gradually become climate-neutral in the coming months. The conversion to green, emission-free heating, which has already taken place, will now be followed by the installation of a photovoltaic (PV) system and an energy management system. In implementing this change, STEAG is drawing on in-house expertise from its subsidiaries ...
Read More »
HydrOxy Walsum, STEAG’s hydrogen project in Duisburg, North Rhine-Westphalia, is taking shape: Based on a favorable feasibility study for a water electrolysis plant with a capacity of up to 520 MW, jointly prepared by the project partners STEAG GmbH, Essen/Germany, and thyssenkrupp Steel AG, Duisburg/Germany, an agreement in the form of a memorandum of understanding has now been reached on ...
Read More »
STEAG GmbH, Essen/Germany, is one of various partners from German energy industry, Abu Dhabi National Oil Company (ADNOC) has signed agreements with during a delegation trip of Robert Habeck, German Minister for economic affairs and climate actions, to the United Arab Emirates (UAE). ADNOC and STEAG agreed on a sample delivery of carbon-reduced ammonia to be used for separation and ...
Read More »
STEAG GmbH, Essen/Germany, is reacting to the tense situation on the energy markets and is postponing the planned conversion of the Herne 4 hard coal fired power plant unit (Figure 1), prospectively until spring 2023. Until then, the plant will remain on the grid and thus make a contribution to ensuring price stability and security of supply, especially beyond the ...
Read More »
In Montecchio Emilia in northern Italy, STEAG Solar Energy Solutions GmbH (SENS), Würzburg/Germany, is planning and constructing a further solar farm on the site of a former quarry for the investor KGAL Investment Management GmbH & Co KG (Figure 1). The plant will be completed in the coming months and will have a capacity of 17 MWp. This means that ...
Read More »
STEAG Solar Energy Solutions GmbH (SENS), Würzburg/Germany, a subsidiary of Essen-based energy company STEAG GmbH and a specialist for photovoltaic (PV) projects, will be building a solar farm with output of 50 MWp in the eastern English county of Norfolk in the months ahead (Figure 1). The permission to build the facility on previously agricultural farmland near the town of King’s ...
Read More »