Helping to decarbonize the steel industry
Work has begun on Ternium's first major renewable energy project, a wind farm with a surface area of 1,517 hectares in Olavarría, in the province of Buenos Aires, which will be equipped with a series of 4.5 MW wind turbines.
With 72 megawatts of power, Ternium Argentina will be able to replace 65% of the electricity it currently purchases from external suppliers in the national grid.
Senior Engineering Director Gastón Rodriguez Araya explains that, "The power produced by the wind farm will be directly fed into the national electricity network, allowing us to reduce the amount of electricity we purchase from the public grid, of which some 60% comes from hydrocarbons. This means that we will avoid emitting 93,000 tons of CO2 per year, enabling us to press ahead with our decarbonization plan."
He adds that, "The management of the wind farm will be a mixed structure, as it will have its own personnel on site for routine tasks, while Vestas, the supplier of the wind turbines, will be in charge of maintaining the equipment. The wind farm’s supervision and operation will be managed remotely from the Energy Control Center at the General Savio Thermal Power Plant."
With an investment of USD 160 million, this project forms part of the company’s decarbonization plan announced in 2021, aimed at achieving a 20% reduction in CO2 emissions by 2030. The wind farm is expected to be operational in the second half of 2024.