The two companies aim to integrate newcleo’s Lead-Cooled Fast Reactors (LFR) technology into steel production processes to provide low-carbon energy. This collaboration seeks to reduce energy costs in steel production and minimize environmental impact by leveraging the ability of LFRs to supply both electricity and high-temperature energy. In line with Danieli’s vision of producing high-quality green steel, the plan is to provide cost-effective, abundant, and carbon-free electricity along with high-temperature energy through newcleo’s nuclear energy solutions.
Stefano Buono, founder and CEO of newcleo, stated, “Danieli is at the forefront of the steelmaking industry's effort towards decarbonisation and net zero, objectives which are ever more entangled with competitiveness and energy costs. Our objective through this collaboration is to provide steel manufacturers with economically viable solutions for the production of green steel. By combining our technologies, we will look to open up great opportunities for the global steel industry, not only by addressing the direct needs of steel makers, but also by propelling global supply chains towards a new era of competitiveness and sustainability".
Alessandro Brussi, Chairman of the Board at Danieli, explained the collaboration as follows, “newcleo is a innovative player in the nuclear energy industry, looking to manufacture Advanced Modular Reactors and closing the fuel cycle like Danieli is doing in the iron and steel to have plant and process with zero impact. A solution to obtain low-cost fossil free energy is one of the key factors to move a step ahead in the decarbonisation of the steel industry."
Comments
No comment yet.