In a significant move towards sustainability, Italian steelmakers are actively pursuing nuclear energy as a strategic solution to their ongoing energy supply challenges. Antonio Gozzi, president of Federacciai, the Italian steelmakers’ association, emphasized this interest during a recent hearing in the Chamber of Deputies. The association believes that advancements in nuclear technology, particularly in small modular reactors and micromodular reactors, could provide a long-term resolution to the industry's energy woes.
Gozzi expressed concerns regarding the current energy situation faced by Italian steelmakers. While renewable energy sources play a crucial role in the transition to a sustainable energy future, they often fall short of meeting the energy demands of steel production. He pointed out that the steel industry operates for approximately 8,000 hours a year, but current renewable sources can only cover about 2,000 to 2,500 hours. This gap leaves a significant portion of energy needs unmet, necessitating alternative solutions to decarbonize the remaining operational hours.
In Italy, energy-intensive industries face escalating electricity costs. Gozzi noted that Italian steelmakers are currently paying an average of €120 per megawatt-hour, which starkly contrasts with €65/MWh in Germany and €42/MWh in France. This disparity poses a competitive threat to Italian manufacturers and could lead to a crisis not only for the steel sector but also for other critical industries.
The interest in nuclear power among Italian steelmakers reflects a broader trend towards adopting innovative energy solutions. Gozzi highlighted that SMRs and MMRs could emerge as viable energy sources within the next decade, contingent upon the timely initiation of regulatory frameworks and experimentation by the government and parliament. The flexibility and scalability of these nuclear technologies are seen as potential game-changers for the Italian steel industry.
Nuclear energy offers several advantages, including stable and reliable power generation, which is essential for industries operating continuously. Additionally, nuclear power can significantly reduce carbon emissions, aligning with the global push towards decarbonization. The Italian steel sector is particularly interested in how these technologies can bolster their competitiveness in an increasingly demanding global market.
In a collaborative effort to harness nuclear energy, French energy giant EDF is working closely with Italian steelmakers. An agreement has been reached with Edison, a subsidiary of EDF, and prominent equipment manufacturers such as Ansaldo Energia and Ansaldo Nucleare. The Memorandum of Understanding aims to promote cooperation in utilizing nuclear energy to enhance the competitiveness and sustainability of the Italian steel industry.
The signatories of the MoU have committed to exploring joint investments in the construction of SMRs in Italy over the next decade. This partnership signifies a proactive approach to addressing energy challenges while fostering innovation within the steel sector.
