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Tata Steel seeks to reduce energy bills with new generator at Wales site

Tata Steel seeks to reduce energy bills with new generator at Wales site

TATA Steel has installed a 30-megawatt generator at its Port Talbot site in South Wales, seeking to reduce its energy bills and cut carbon footprints.

Installed in a new turbine hall as part of a wider £37 million investment in the site’s power station, the generator helps convert more process gases from blast furnaces, steelmaking plant and coke ovens into energy.


While high fuel prices are eating into the profits of steelmakers globally, the investment by the Mumbai-headquartered company is expected to cut its energy bill by millions of pounds every year.

According to Tata Steel’s project manager Guy Simms, the investment effectively reduces its offsite carbon footprint by 43,800 tonnes of CO2 annually.

“Our on-site power plant uses process gases to heat water into steam, which then drives a turbine-like a propellor. This, in turn, drives an electrical rotor to generate our own electricity.

“We have a number of these turbo-alternators but not enough to use all the steam we can create. This latest addition, however, will make a step-change to our energy-generation capacity,” he said.

The project also included creating a newly landscaped area that has been planted with Kidney Vetch – the main food source of the UK’s smallest resident butterfly, the Small Blue.

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Bank of England cuts interest rates to 3.75 per cent, signals caution on further reductions

Highlights

  • BoE reduces benchmark rate by 0.25 percentage points in tight 5-4 vote split.
  • Governor Andrew Bailey warns future cuts will be "closer call" with each reduction.
  • Sterling rises and gilt yields increase as markets react to cautious tone.

The Bank of England cut interest rates to 3.75 per cent on Thursday following a narrow vote by policymakers but signalled the gradual pace of lowering borrowing costs might slow further.

Five Monetary Policy Committee members voted to reduce the benchmark rate by 0.25 percentage points from 4 per cent, marking the fourth cut in 2025. Four members opposed the move, concerned about inflation remaining too high despite recent falls.

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