Steel and renewable energy – The steel industry plays an irreplaceable role in our lives. In the coming decades, it is particularly important to realize the sustainable development of the energy structure and modernize the power supply in homes, offices, hospitals, schools and transportation networks.

In solar power generation, steel is used not only as a frame to support solar panels but also as a framework for transformers and transmission infrastructure. In tidal power generation, steel is used as an armature core for generators, steel piles for supporting power turbines, and a nacelle casing for use as a generator assembly and power plant infrastructure. The geothermal heat pump, a device for collecting geothermal energy, is made of steel. As power generation companies continue to improve their production technologies, they will further reduce the cost of generating electricity such as wind power and photovoltaics, and achieve a virtuous cycle. The rapid development of renewable energy such as wind power and photovoltaics in the future will drive the demand for steel for renewable energy engineering equipment.