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Mobarakeh Steel Takes Bold Steps to Exit the Energy Basket with Self-Sufficiency Projects
Economy

Mobarakeh Steel Takes Bold Steps to Exit the Energy Basket with Self-Sufficiency Projects

منبع تصویر: irasin.ir

By 3 min Read time 67,542

Mobarakeh Steel, by developing a comprehensive roadmap and investing in self-sufficiency projects, has taken significant steps to exit the energy basket of Isfahan province and achieve sustainable supply of key infrastructures. This industrial holding has set a target to meet 80% of its electricity needs through dedicated capacities, initiating a series of strategic projects that include the rehabilitation of damaged power plants and the development of renewable power plants.

Energy Self-Sufficiency Goals and Plans

Independent supply of gas and water and the implementation of smart consumption systems are among the goals set for creating an independent energy basket for this group. The execution of these projects not only ensures the sustainability of production lines and protects the profitability of the enterprise but also reduces the consumption load on national networks and provides an operational model of sustainable energy governance in the industrial sector.

Key Projects and Investments

A detailed examination of Mobarakeh Steel's investment dimensions shows that the main target of this group is to achieve 80% self-sufficiency in electricity through dedicated capacities and specific projects. In this regard, the following actions are underway:

  • Development of Renewable Energies: The first phase of the East Aftab solar power plant was commissioned on October 22, 2023, resulting in 120 megawatts coming online, and efforts are being made to bring subsequent phases online along with planning for new capacities.
  • Rehabilitation of Damaged Power Plants: Plans to restore nearly 500 megawatts from the 914-megawatt combined cycle power plant and nearly 200 megawatts from the Shahid Bahrami power plant are crucial for reviving part of the dedicated thermal power capacity of the group.
  • Sustainable Gas Supply: Signing a contract for the development of the Madar gas field and pursuing the start of operational activities is a key step to address fuel imbalance in cold seasons and ensure the continuity of furnace operations.
  • Independent Water Supply: An investment of approximately one billion dollars in the water transfer project to Isfahan province separates the water needs of this complex from regional surface and groundwater sources and ensures its sustainability through seawater.

Alongside large hardware projects, Mobarakeh Steel has implemented smart consumption management as a complementary layer. This approach optimizes production processes using artificial intelligence technologies and machine learning algorithms, reducing energy consumption intensity at the source.

Economic and Social Implications of Exiting the Energy Basket

The gradual exit of Mobarakeh Steel from the public energy basket of Isfahan has profound economic and social impacts at both regional and macro levels. This action can help reduce pressure on the national grid and decrease pollution resulting from fossil fuel consumption. Additionally, preventing unwanted shutdowns due to energy cuts enables continuous utilization of production capacities and timely delivery of customer orders.

The shift in Mobarakeh Steel's approach from a public consumer to a driver of sustainable energy production not only protects production lines and creates value for shareholders but also presents an operational model for managing imbalance and moving towards a green industry. This balanced roadmap, integrating hardware projects and software smartization, ensures infrastructural sustainability and balanced regional development in line with Mobarakeh Steel's 1414 strategy.

Source: irasin.ir