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Stelco, DTE to Build Cogen Plant
06/19/2020 - Stelco Inc. is partnering with DTE Energy Services Inc. on construction of a 65-MW cogeneration plant at the steelmaker’s Lake Erie Works in Ontario, Canada, Stelco has announced.
Under the agreement, DTE will provide the capital for plant, and Stelco will pay DTE a fixed annual fee under a 20-year energy services agreement. Construction is to start this summer, and the plant is to come on-line in the first half of 2022.
“Once operational, the cogen plant is expected to reduce Stelco's energy costs and further enhance the utilization of Stelco's process-generated offgases,” Stelco said.
