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Energy and power industry

The energy and power sector is an important application market for steel, including traditional thermal power, hydropower, nuclear power, and emerging renewable energy such as wind power and photovoltaics. Thermal power and nuclear power equipment ha...

Energy and power industry

The energy and power sector is an important application market for steel, including traditional thermal power, hydropower, nuclear power, and emerging renewable energy such as wind power and photovoltaics. Thermal power and nuclear power equipment have a large demand for high-temperature and high-pressure resistant steel. Key equipment such as boilers, steam turbines, and pressure vessels all require special steel. Turbines, generator components, and hydraulic steel structures in hydropower projects consume a large amount of high-quality steel. The rapid development of wind power generation has led to a surge in demand for steel for wind power towers and offshore wind power platforms, especially the trend of large-scale and offshore. The support system for photovoltaic power generation and the construction of towers for transmission lines require a large amount of steel. Grid construction and smart grid transformation have put forward higher requirements for steel for power transmission and transformation equipment. Energy transformation and carbon neutrality goals have promoted the demand for special steel in emerging fields such as energy storage facilities and hydrogen energy equipment, opening up new growth space for the steel industry.

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