Steel-maker gets check for $2.5M for energy efficiencies
by MBJ Staff
Published: October 9,2013
Tags: energy, energy efficiency, Madhu Ranade, Major Industrial Program, manufacture, manufacturer, manufacturing, Phil Bryant, Severstal Columbus, Severstal North America, steel, Tennessee Valley Authority
COLUMBUS — The Tennessee Valley Authority, along with Gov. Phil Bryant, presented a check yesterday for more than $2.5 million to Severstal North America for achieving energy efficiencies at its Columbus plant through TVA’s Major Industrial Program.
The TVA program encourages reductions in electric energy intensity in large industrial facilities having greater than 5 megawatts of contract demand. The greatest efficiency opportunity identified at the Severstal steel plant was retrofitting four 2,750-horsepower fans that send particulates from the plant’s electric arc furnace to a bag house for air pollution control.
Using customized assistance from TVA, Severstal was able to reduce its total energy usage by 25,251,390 kilowatt-hours, enough to power 2,000 average TVA homes.
”This is one additional step toward improving our operational competitiveness,” said Madhu Ranade, vice president and general manager for Severstal Columbus. “We appreciate TVA’s partnership and support in this project.”
TVA estimates Severstal will save $1.6 million annually in energy costs.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Congressional delegation applauds Air Force's decision on Keesler, but not satisfied
- Report: Mississippi sees biggest hike in home insurance premiums in U.S.
- Giles Ward will not seek reelection to Senate
- Businessman involved in Frankel insurance scam dies at 81
- County rescinds gun ban; sheriff says lawmakers may 'deal with the consequences'
- Commission to decide if emergency should be declared in Delta school system
- (UPDATED) Making Jackson-Evers affordable to Allegiant is key to regaining Orlando service
- Leadership in Law nomination form
- Ex-state employee gets jail time for embezzling from school
- MDOT study: State's airports generate $2.5B-plus in economic activity