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According to Mysteel, Turkish steel companies are accelerating their deployment of renewable energy to meet the requirements of the EU Green Deal and reduce carbon emissions. Erdemir and Yesilyurt Steel recently received approval from the Turkish Ministry of Environment and Climate Change to build a total of 175 MW of solar power plant (SPP) projects in Şanlıurfa province. B18R060 oriented electrical steel, The Erdemir project will have a capacity of 125 MW, and the Yesilyurt project 50 MW. Construction is expected to begin soon.
Driven by the global trend of green transformation, the share of solar and wind power in the energy mix continues to increase. B18R060 oriented electrical steel, Erdemir and its subsidiary Isdemir plan to reduce their Scope 1 and Scope 2 emissions by 25% by 2030 compared to the baseline year through investments in renewable energy, and to achieve carbon neutrality by 2050.
With the EU's Carbon Border Adjustment Mechanism (CBAM) implementation imminent, Turkey passed its first climate law in 2024 and will establish a national carbon emissions trading system (ETS). B18R060 oriented electrical steel, According to the low-carbon roadmap for the steel industry developed by the Turkish Ministry of Trade, utilizing the ETS mechanism to drive industry transformation is expected to achieve a 99.7% reduction in emissions by 2053.