The power purchase agreement(PPA) signed between Statkraft, Fortia Energía and Network Steel began on September 1. The agreement will have a duration of five years and will supply around 50% of the annual electricity consumption of the steel industry in Spain, with energy from solar and wind power plants.
Solar and wind power plants in the steel industry
The contract has been developed on the basis of Statkraft ‘s renewable generation portfolio in Spain. This energy is purchased by Fortia Energía, which channels it to other companies under stable tariff conditions.
Network Steel, with seven plants in the Iberian Peninsula and an annual production of close to one million tons of steel, thus ensures a stable energy supply for its customers. stable energy supply. . This agreement strengthens its position as a player committed to sustainability and reinforces its operational capacity in a highly competitive market.
Since its creation in 2007, Fortia Energía has worked as a demand aggregator for large industrial consumers. Today it is the largest independent supplier in the Iberian market, with more than 150 industrial sites under its energy management.
As Europe’s largest renewable energy producer, Statkraft continues to expand its influence in the Spanish industrial sector. Its ability to offer customized contracts based on clean energy positions it as a key partner in the energy transition of heavy industry.
Source and photo: Statkraft
