Italy-based Tenova has announced that it has signed a cooperation agreement with UK-based GE Vernova’s Power Conversion business to jointly implement innovative electric power solutions for electric arc furnaces and submerged arc furnaces, in the face of rising demand for these types of furnaces for the green transition of steelmaking.
The companies will jointly design and market tailored medium voltage power systems for electric arc furnaces and submerged arc furnaces, allowing the effective use of high electric power even on constrained grids and reducing both operating costs and the environmental impact of new and pre-existing furnaces.